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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Windom Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Windom Township was a Seller's Market.

Key Takeaway

Windom 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 Windom Township, MN

How much do homes in Windom Township, MN cost?

Median Sold Price

$155,000

$87/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$20,000(-11.4%)

Key Takeaway

Homes in Windom Township have sold for 11.4% less than they did a year ago.

Summary: The median home sold price in Windom Township was $155,000 in November 2024, down 11.4% from last year, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $96K$74.7K
-22.1%
2 $136.8K$133K
-2.8%
3 $164.2K$147.5K
-10.2%
4 $240.5K$178.7K
-25.7%
5+ $252K$175K
-30.6%

Summary: Windom Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.1%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 25.7%, and 5+ bedroom homes decreased by 30.6%.

Median Sold Price Compared To Nearby Cities

Austin
+8.7%
Marshall Township
+8.4%
Windom Township
-11.4%

Housing Supply in Windom Township, MN

How many homes are available in Windom Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5153+3.9%

Summary: The Windom Township real estate market had 53 homes for sale in November 2024, a 3.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2221
-4.5%
3 1718
+5.9%
4 1012
+20.0%
5+ 22
0.0%

Summary: The Windom Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
28+300.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Windom Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Windom Township in November 2024, up by 300.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Windom Township, MN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
80 Days65 Days-18.5%

Summary: Homes in Windom Township had an average of 65 days on market in Nov 2024, down by 18.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Windom Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 Windom Township, MN

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