Is Alexandria Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Alexandria Township was a Neutral Market.
Key Takeaway
Alexandria Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Alexandria Township, MN
How much do homes in Alexandria Township, MN cost?
Median Sold Price
$350,500
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Alexandria Township have sold for 20.9% more than they did a year ago.
Summary: The median home sold price in Alexandria Township was $350,500 in March 2024, up 20.9% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117K | $95K | -18.8% |
| 2 Bedrooms | $249.9K | $303.5K | +21.4% |
| 3 Bedrooms | $259.4K | $309.2K | +19.2% |
| 4 Bedrooms | $344.5K | $379.8K | +10.3% |
| 5+ Bedrooms | $557.5K | $525K | -5.8% |
Summary: Alexandria Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.8%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 5.8%.
Median Sold Price Compared To Nearby Cities
| Alexandria | $287.6K | $350K | +21.7% |
| Alexandria Township | $289.9K | $350.5K | +20.9% |
| Osakis Township | $250K | $261K | +4.4% |
Housing Supply in Alexandria Township, MN
How many homes are available in Alexandria Township, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 88 | 109 | +23.9% |
Summary: The Alexandria Township real estate market had 109 homes for sale in March 2024, a 23.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 21 | 25 | +19.0% |
| 3 Bedrooms | 24 | 28 | +16.7% |
| 4 Bedrooms | 25 | 31 | +24.0% |
| 5+ Bedrooms | 17 | 22 | +29.4% |
Summary: The Alexandria Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 24%, and 5+ bedroom homes increased by 29.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alexandria Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Alexandria Township in March 2024, down by 25.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 74 Days | 32 Days | -56.1% |
Summary: Homes in Alexandria Township had an average of 32 days on market in Mar 2024, down by 56.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alexandria Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in Alexandria Township; 78% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
