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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wyanett Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Wyanett Township, MN

How much do homes in Wyanett Township, MN cost?

Median Sold Price

$710,000

$253/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$280,500(+65.3%)

Key Takeaway

Homes in Wyanett Township have sold for 65.3% more than they did a month ago.

Summary: The median home sold price in Wyanett Township was $710,000 in November 2024, up 65.3% from last month, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $344K$663.7K
+93.0%
4 -$710K
N/A
5+ $515K-
N/A

Summary: Wyanett Township housing prices by bedroom type for November 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 increased by 93%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Springvale Township
+128.6%
Wyanett Township
+65.3%

Housing Supply in Wyanett Township, MN

How many homes are available in Wyanett Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
87-12.5%

Summary: The Wyanett Township real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 55
0.0%
4 11
0.0%
5+ 10
-100.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were 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 Wyanett Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Wyanett Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wyanett Township, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
32 Days84 Days+158.5%

Summary: Homes in Wyanett Township had an average of 84 days on market in Nov 2024, up by 158.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Wyanett Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Wyanett Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 Wyanett Township, MN

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