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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winnebago Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Winnebago Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Winnebago Township, MN

How much do homes in Winnebago Township, MN cost?

Median Sold Price

$84,975

$70/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$237,475(-73.6%)

Key Takeaway

Homes in Winnebago Township have sold for 73.6% less than they did a month ago.

Summary: The median home sold price in Winnebago Township was $84,975 in October 2024, down 73.6% from last month, and the median price per square foot was $70.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$84.9K
N/A
4 $224.9K-
N/A
5+ $420K-
N/A

Summary: Winnebago Township housing prices by bedroom type for October 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.

Housing Supply in Winnebago Township, MN

How many homes are available in Winnebago Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
53-40.0%

Summary: The Winnebago Township real estate market had 3 homes for sale in October 2024, a 40.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 10
-100.0%
5+ 32
-33.3%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winnebago Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Winnebago Township in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Winnebago Township, MN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
56 Days67 Days+19.6%

Summary: Homes in Winnebago Township had an average of 67 days on market in Oct 2024, up by 19.6% 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 Winnebago Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Winnebago 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 17 Days Ago

Newest Listings in Winnebago Township, MN

Nearby Markets to Winnebago Township, MN