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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westbrook Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Westbrook Township has remained a Neutral Market.

Key Takeaway

Westbrook Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Westbrook Township, MN

How much do homes in Westbrook Township, MN cost?

Median Sold Price

$30,000

$28/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$30,000(-50.0%)

Key Takeaway

Homes in Westbrook Township have sold for 50% less than they did a month ago.

Summary: The median home sold price in Westbrook Township was $30,000 in November 2024, down 50% from last month, and the median price per square foot was $28.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $60K-
N/A
2 -$30K
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Westbrook Township housing prices by bedroom type for November 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

Westbrook Township
-50.0%
Westbrook
-50.0%

Housing Supply in Westbrook Township, MN

How many homes are available in Westbrook Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
67+16.7%

Summary: The Westbrook Township real estate market had 7 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 12
+100.0%
3 22
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Westbrook Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westbrook 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 Westbrook Township in November 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 Westbrook Township, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
82 Days71 Days-13.4%

Summary: Homes in Westbrook Township had an average of 71 days on market in Nov 2024, down by 13.4% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Westbrook Township has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Westbrook 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.

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 Westbrook Township, MN

Nearby Markets to Westbrook Township, MN