Is Two Rivers Township, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Two Rivers Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Two Rivers Township has remained a Seller's Market.

Key Takeaway

Two Rivers Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Two Rivers Township, MN

How much do homes in Two Rivers Township, MN cost?

Median Sold Price

$650,000

$198/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$325,000(+100.0%)

Key Takeaway

Homes in Two Rivers Township have sold for 100% more than they did a month ago.

Summary: The median home sold price in Two Rivers Township was $650,000 in August 2024, up 100% from last month, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 --
N/A
3 $325K-
N/A
4 --
N/A
5+ -$650K
N/A

Summary: Two Rivers Township housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Two Rivers Township, MN

How many homes are available in Two Rivers Township, MN?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
21-50.0%

Summary: The Two Rivers Township real estate market had 1 homes for sale in August 2024, a 50.0% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Two Rivers Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Two Rivers Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Two Rivers Township in August 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Two Rivers Township, MN

How long does it take to sell a home in Two Rivers Township, MN?

Average Sale Time

Jul 2024Aug 2024CHANGE
7 Days1 Day-85.7%

Summary: Homes in Two Rivers Township had an average of 1 days on market in Aug 2024, down by 85.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Two Rivers Township are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 1 homes were sold in Two Rivers Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in Two Rivers Township, MN