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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Becker Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Becker Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Becker Township, MN

How much do homes in Becker Township, MN cost?

Median Sold Price

$356,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$8,000(+2.3%)

Key Takeaway

Homes in Becker Township have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Becker Township was $356,000 in March 2024, up 2.3% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $210K$295K
+40.5%
2 $265K$300K
+13.2%
3 $311K$342K
+10.0%
4 $397.5K$390K
-1.9%
5+ $415K$384.9K
-7.2%

Summary: Becker Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.5%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 7.2%.

Median Sold Price Compared To Nearby Cities

Orrock Township
+8.9%
Becker
+2.9%
Becker Township
+2.3%
Big Lake Township
0%
Clear Lake Township
-6.1%

Housing Supply in Becker Township, MN

How many homes are available in Becker Township, MN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
29290.0%

Summary: The Becker Township real estate market had 29 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 77
0.0%
3 1111
0.0%
4 88
0.0%
5+ 22
0.0%

Summary: The Becker Township housing inventory by bedroom type for March 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 remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Becker Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Becker Township in March 2024, down by 37.5% month-over-month. Of the 5 sold homes, 0% were sold under asking, 40% were sold at asking, and 60% were sold over asking.

Days on Market for Becker Township, MN

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

Average Sale Time

Mar 2023Mar 2024CHANGE
68 Days25 Days-62.5%

Summary: Homes in Becker Township had an average of 25 days on market in Mar 2024, down by 62.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 5 homes were sold in Becker Township; 60% of homes were sold within 30 days, 40% 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 28 Days Ago

Newest Listings in Becker Township, MN

Nearby Markets to Becker Township, MN

What housing markets are near Becker Township, MN?