$3,681 Closing Credit*
$310,000
1,232 SqFt
3 Beds
•2 Full Baths
Listing Office: Heartland Real Estate
Is Woodrow 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, Woodrow Township has remained a Seller's Market.
Key Takeaway
Woodrow Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Woodrow Township, MN
How much do homes in Woodrow Township, MN cost?
Median Sold Price
$408,000
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$21,900(-5.1%)
Key Takeaway
Homes in Woodrow Township have sold for 5.1% less than they did a year ago.
Summary: The median home sold price in Woodrow Township was $408,000 in October 2024, down 5.1% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139.9K | $100K | -28.5% |
| 2 Bedrooms | $345.5K | $350K | +1.3% |
| 3 Bedrooms | $472K | $462K | -2.1% |
| 4 Bedrooms | $555K | $436K | -21.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Woodrow Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.5%, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Woodrow Township | $429.9K | $408K | -5.1% |
| Wabedo Township | $572.4K | $495K | -13.5% |
| Ponto Lake Township | $381K | $249.9K | -34.4% |
Housing Supply in Woodrow Township, MN
How many homes are available in Woodrow Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Summary: The Woodrow Township real estate market had 19 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Woodrow 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 decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodrow Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Woodrow Township in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Woodrow Township, MN
How long does it take to sell a home in Woodrow Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 30 Days | +158.1% |
Summary: Homes in Woodrow Township had an average of 30 days on market in Oct 2024, up by 158.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Woodrow Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Woodrow Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
