$2,374 Closing Credit*
$199,900
2,486 SqFt
3 Beds
•1 Full Bath
Listing Office: VoigtJohnson
Is Watab Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Watab Township was a Neutral Market.
Key Takeaway
Watab Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Watab Township, MN
How much do homes in Watab Township, MN cost?
Median Sold Price
$387,500
$120/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$172,500(+80.2%)
Key Takeaway
Homes in Watab Township have sold for 80.2% more than they did a month ago.
Summary: The median home sold price in Watab Township was $387,500 in October 2024, up 80.2% from last month, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $235K | N/A |
| 4 Bedrooms | - | $540K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Watab 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
| Watab Township | $215K | $387.5K | +80.2% |
| Mayhew Lake Township | $389.9K | $350K | -10.2% |
| Brockway Township | $464.9K | $350K | -24.7% |
Housing Supply in Watab Township, MN
How many homes are available in Watab Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Watab Township real estate market had 8 homes for sale in October 2024, a 14.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Watab Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Watab 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 Watab Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Watab Township, MN
How long does it take to sell a home in Watab Township, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 3 Days | -86.4% |
Summary: Homes in Watab Township had an average of 3 days on market in Oct 2024, down by 86.4% 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
Key Takeaway
Many homes in Watab Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Watab 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.
