Is Alexandria Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Alexandria Township has remained a Seller's Market.
Housing Prices in Alexandria Township, MN
How much do homes in Alexandria Township, MN cost?
Median Sold Price
$341,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Alexandria Township was $341,000 in May 2024, up 13.7% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117K | $105K | -10.3% |
2 Bedrooms | $270K | $300K | +11.1% |
3 Bedrooms | $265K | $312.5K | +17.9% |
4 Bedrooms | $353K | $379.9K | +7.6% |
5+ Bedrooms | $625K | $505K | -19.2% |
Summary: Alexandria Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.3%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes decreased by 19.2%.
Median Sold Price Compared To Nearby Cities
Alexandria | $295K | $340K | +15.3% |
Osakis Township | $240K | $275K | +14.6% |
Alexandria Township | $300K | $341K | +13.7% |
Carlos Township | $500K | $472.4K | -5.5% |
Housing Supply in Alexandria Township, MN
How many homes are available in Alexandria Township, MN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
144 | 176 | +22.2% |
Summary: The Alexandria Township real estate market had 176 homes for sale in May 2024, a 22.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 36 | 39 | +8.3% |
3 Bedrooms | 37 | 54 | +45.9% |
4 Bedrooms | 41 | 45 | +9.8% |
5+ Bedrooms | 27 | 33 | +22.2% |
Summary: The Alexandria Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 45.9%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 45 | +104.5% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Alexandria Township in May 2024, up by 104.5% month-over-month. Of the 45 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.
Days on Market for Alexandria Township, MN
How long does it take to sell a home in Alexandria Township, MN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
22 Days | 54 Days | +139.8% |
Summary: Homes in Alexandria Township had an average of 54 days on market in May 2024, up by 139.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 45 homes were sold in Alexandria Township; 42% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.