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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waverly Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Waverly Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Waverly Township, MN

How much do homes in Waverly Township, MN cost?

Median Sold Price

$345,900

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,000(+4.8%)

Key Takeaway

Homes in Waverly Township have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Waverly Township was $345,900 in October 2024, up 4.8% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $265K$275.5K
+4.0%
3 $329.9K$345.9K
+4.8%
4 $345K$350K
+1.4%
5+ $414.4K$329.7K
-20.4%

Summary: Waverly 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%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 20.4%.

Housing Supply in Waverly Township, MN

How many homes are available in Waverly Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3635-2.8%

Summary: The Waverly Township real estate market had 35 homes for sale in October 2024, a 2.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 2224
+9.1%
4 99
0.0%
5+ 20
-100.0%

Summary: The Waverly 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 decreased by 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waverly Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Waverly Township in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.

Days on Market for Waverly Township, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days59 Days+216.5%

Summary: Homes in Waverly Township had an average of 59 days on market in Oct 2024, up by 216.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Waverly Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Waverly Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 22 Days Ago

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