$1,959 Closing Credit*
$165,000
1,400 SqFt
5 Beds
•2 Full Baths
Listing Office: Edina Realty
Is Willmar Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Willmar Township has remained a Seller's Market.
Key Takeaway
Willmar Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Willmar Township, MN
How much do homes in Willmar Township, MN cost?
Median Sold Price
$234,950
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,950(+6.8%)
Key Takeaway
Homes in Willmar Township have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Willmar Township was $234,950 in October 2024, up 6.8% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $102K | $81.9K | -19.7% |
| 2 Bedrooms | $155K | $205K | +32.3% |
| 3 Bedrooms | $212K | $204.3K | -3.6% |
| 4 Bedrooms | $267.5K | $280.6K | +4.9% |
| 5+ Bedrooms | $280K | $400K | +42.9% |
Summary: Willmar Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.7%, 2 bedroom homes increased by 32.3%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 42.9%.
Median Sold Price Compared To Nearby Cities
| Willmar | $215K | $234.9K | +9.3% |
| Willmar Township | $220K | $234.9K | +6.8% |
Housing Supply in Willmar Township, MN
How many homes are available in Willmar Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 | 89 | +8.5% |
Summary: The Willmar Township real estate market had 89 homes for sale in October 2024, a 8.5% 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 | 13 | 13 | 0.0% |
| 3 Bedrooms | 33 | 33 | 0.0% |
| 4 Bedrooms | 21 | 27 | +28.6% |
| 5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The Willmar 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 remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 16 | -27.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Willmar Township, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Willmar Township in October 2024, down by 27.3% month-over-month. Of the 16 sold homes, 69% were sold under asking, 6% were sold at asking, and 25% were sold over asking.
Days on Market for Willmar Township, MN
How long does it take to sell a home in Willmar Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 28 Days | -8.9% |
Summary: Homes in Willmar Township had an average of 28 days on market in Oct 2024, down by 8.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Willmar Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Willmar Township; 81% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
