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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warsaw Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Warsaw Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Warsaw Township, MN

How much do homes in Warsaw Township, MN cost?

Median Sold Price

$632,500

$411/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$520,500(+464.7%)

Key Takeaway

Homes in Warsaw Township have sold for 464.7% more than they did a month ago.

Summary: The median home sold price in Warsaw Township was $632,500 in December 2024, up 464.7% from last month, and the median price per square foot was $411.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$700K
N/A
3 $112K$565K
+404.5%
4 --
N/A
5+ --
N/A

Summary: Warsaw Township housing prices by bedroom type for December 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 increased by 404.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Warsaw Township, MN

How many homes are available in Warsaw Township, MN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
990.0%

Summary: The Warsaw Township real estate market had 9 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 22
0.0%
4 33
0.0%
5+ 22
0.0%

Summary: The Warsaw Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Warsaw Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Warsaw Township in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Warsaw Township, MN

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

Average Sale Time

Nov 2024Dec 2024CHANGE
40 Days21 Days-47.5%

Summary: Homes in Warsaw Township had an average of 21 days on market in Dec 2024, down by 47.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were 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 Warsaw Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Warsaw 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 2 Days Ago

Newest Listings in Warsaw Township, MN

Nearby Markets to Warsaw Township, MN

What housing markets are near Warsaw Township, MN?