$150,000
Land
Listing Office: RE/MAX Advantage Plus
Is Washington Lake Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Washington Lake Township has remained a Seller's Market.
Key Takeaway
Washington Lake Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Washington Lake Township, MN
How much do homes in Washington Lake Township, MN cost?
Median Sold Price
$516,000
$249/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$24,000(-4.4%)
Key Takeaway
Homes in Washington Lake Township have sold for 4.4% less than they did a month ago.
Summary: The median home sold price in Washington Lake Township was $516,000 in October 2024, down 4.4% from last month, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $516K | N/A |
| 4 Bedrooms | $540K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Washington Lake Township housing prices by bedroom type for October 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.
Median Sold Price Compared To Nearby Cities
| Young America Township | $238K | $330K | +38.7% |
| Washington Lake Township | $540K | $516K | -4.4% |
| Hancock Township | $235K | $90K | -61.7% |
Housing Supply in Washington Lake Township, MN
How many homes are available in Washington Lake Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Summary: The Washington Lake Township real estate market had 1 homes for sale in October 2024, a 50.0% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Washington Lake 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Washington Lake Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Washington Lake Township in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Washington Lake Township, MN
How long does it take to sell a home in Washington Lake Township, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 108 Days | 76 Days | -29.6% |
Summary: Homes in Washington Lake Township had an average of 76 days on market in Oct 2024, down by 29.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Washington Lake Township has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Washington Lake Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
