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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wrenshall Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Wrenshall Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Wrenshall Township, MN

How much do homes in Wrenshall Township, MN cost?

Median Sold Price

$300,000

$206/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$150,850(-33.5%)

Key Takeaway

Homes in Wrenshall Township have sold for 33.5% less than they did a month ago.

Summary: The median home sold price in Wrenshall Township was $300,000 in October 2024, down 33.5% from last month, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $391.7K-
N/A
4 $510K$300K
-41.2%
5+ --
N/A

Summary: Wrenshall 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 decreased by 41.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Foxboro
-14.0%
Wrenshall Township
-33.5%
Summit
-65.8%

Housing Supply in Wrenshall Township, MN

How many homes are available in Wrenshall Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1112+9.1%

Summary: The Wrenshall Township real estate market had 12 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 77
0.0%
4 21
-50.0%
5+ 22
0.0%

Summary: The Wrenshall 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

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 Wrenshall 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 Wrenshall Township in October 2024, down by 50.0% month-over-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 Wrenshall Township, MN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
7 Days84 Days+1020.0%

Summary: Homes in Wrenshall Township had an average of 84 days on market in Oct 2024, up by 1020% 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 Wrenshall Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Wrenshall 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 21 Days Ago

Newest Listings in Wrenshall Township, MN

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