$5,721 Closing Credit*
$481,750
2,185 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Lennar Sales Corp
Is Waconia Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Waconia Township was a Seller's Market.
Key Takeaway
Waconia Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Waconia Township, MN
How much do homes in Waconia Township, MN cost?
Median Sold Price
$464,993
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,998(+3.3%)
Key Takeaway
Homes in Waconia Township have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Waconia Township was $464,993 in November 2024, up 3.3% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $272.9K | N/A |
| 2 Bedrooms | $241.2K | $249.9K | +3.6% |
| 3 Bedrooms | $410K | $422.1K | +3.0% |
| 4 Bedrooms | $480K | $482.3K | 0.5% |
| 5+ Bedrooms | $547.4K | $561.9K | +2.6% |
Summary: Waconia Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 2.6%.
Housing Supply in Waconia Township, MN
How many homes are available in Waconia Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 98 | 94 | -4.1% |
Summary: The Waconia Township real estate market had 94 homes for sale in November 2024, a 4.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 34 | 31 | -8.8% |
| 4 Bedrooms | 32 | 32 | 0.0% |
| 5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The Waconia Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 15 | -37.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waconia Township, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Waconia Township in November 2024, down by 37.5% month-over-month. Of the 15 sold homes, 47% were sold under asking, 40% were sold at asking, and 13% were sold over asking.
Days on Market for Waconia Township, MN
How long does it take to sell a home in Waconia Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 26 Days | -21.9% |
Summary: Homes in Waconia Township had an average of 26 days on market in Nov 2024, down by 21.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Waconia Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in Waconia Township; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
