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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arthur Township is a buyer's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Arthur Township was a Seller's Market.

Key Takeaway

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

How much do homes in Arthur Township, MN cost?

Median Sold Price

$327,500

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$42,500(+14.9%)

Key Takeaway

Homes in Arthur Township have sold for 14.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $184.9K$295K
+59.5%
2 $350K$260K
-25.7%
3 $292.4K$310K
+6.0%
4 $315K$360K
+14.3%
5+ $389.9K$450K
+15.4%

Median Sold Price Compared To Nearby Cities

Arthur Township
+14.9%
Mora
+4.0%

How many homes are available in Arthur Township, MN?

Number of Homes For Sale

Aug 2022Sep 2022%
22220.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 11
0.0%
2 00
0.0%
3 1415
+7.1%
4 44
0.0%
5+ 32
-33.3%

Number of Homes Sold

Aug 2022Sep 2022%
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arthur Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
113 Days21 Days-80.9%

Breakdown of Home Sale Times

2 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

Many homes in Arthur Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Arthur Township, MN

Number of homes for sale in Arthur Township, MN real estate market have reached 22. The median list price of listings available in September 2022 was $327,500, while the average time on the real estate market was 21 days. Listing prices have changed in this real estate market between August 2022 and September 2022: the cost of 1 bedroom properties went up by 59.5%, prices of 2 bedrooms properties decreased by 25.7%, the cost of 3 bedrooms properties went up by 6%, prices of 4 bedrooms properties increased by 14.3%, prices of 5 bedrooms properties went up by 15.4%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes inventory increased by 7.1%, 4 bedrooms homes did not move, number of 5 bedrooms homes decreased by 33.3%. In September 2022, from all listings sold in Arthur Township, MN there were more than 2 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.

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