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 buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Westbrook Township was a Neutral Market.

Key Takeaway

Westbrook Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Westbrook Township, MN

How much do homes in Westbrook Township, MN cost?

Median Sold Price

$49,500

$51/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$19,500(+65.0%)

Key Takeaway

Homes in Westbrook Township have sold for 65% more than they did a month ago.

Summary: The median home sold price in Westbrook Township was $49,500 in December 2024, up 65% from last month, and the median price per square foot was $51.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $30K$49.5K
+65.0%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Westbrook 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 increased by 65%, 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
+65.0%
Westbrook
+65.0%

Housing Supply in Westbrook Township, MN

How many homes are available in Westbrook Township, MN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
79+28.6%

Summary: The Westbrook Township real estate market had 9 homes for sale in December 2024, a 28.6% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 02
+100.0%
2 21
-50.0%
3 22
0.0%
4 33
0.0%
5+ 01
+100.0%

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

Number of Homes Sold

Nov 2024Dec 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 December 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

Nov 2024Dec 2024CHANGE
71 Days7 Days-90.1%

Summary: Homes in Westbrook Township had an average of 7 days on market in Dec 2024, down by 90.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Westbrook Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in Westbrook 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 4 Days Ago

Newest Listings in Westbrook Township, MN

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