$6,174 Closing Credit*
$519,900
2,500 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: RE/MAX Advantage Plus
Is Waconia Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Waconia Township has remained a Seller's Market.
Key Takeaway
Waconia Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Waconia Township, MN
How much do homes in Waconia Township, MN cost?
Median Sold Price
$460,990
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,335(+3.9%)
Key Takeaway
Homes in Waconia Township have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Waconia Township was $460,990 in October 2024, up 3.9% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $272.9K | N/A |
| 2 Bedrooms | $238.7K | $249.9K | +4.7% |
| 3 Bedrooms | $410K | $430K | +4.9% |
| 4 Bedrooms | $477.4K | $475K | -0.5% |
| 5+ Bedrooms | $538.9K | $563.9K | +4.7% |
Summary: Waconia Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 4.7%.
Housing Supply in Waconia Township, MN
How many homes are available in Waconia Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 92 | 101 | +9.8% |
Summary: The Waconia Township real estate market had 101 homes for sale in October 2024, a 9.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 28 | 32 | +14.3% |
| 4 Bedrooms | 31 | 35 | +12.9% |
| 5+ Bedrooms | 20 | 20 | 0.0% |
Summary: The Waconia Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waconia Township, expect to pay close to the asking price. 47.8% of homes here sold near the asking price last month.
Summary: A total of 23 homes were sold or pending in Waconia Township in October 2024, up by 15.0% month-over-month. Of the 23 sold homes, 26% were sold under asking, 48% were sold at asking, and 26% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 21 Days | -50.4% |
Summary: Homes in Waconia Township had an average of 21 days on market in Oct 2024, down by 50.4% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Waconia Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in Waconia Township; 78% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
