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 buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Becker Township, MN

How much do homes in Becker Township, MN cost?

Median Sold Price

$355,500

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$26,500(+8.1%)

Key Takeaway

Homes in Becker Township have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Becker Township was $355,500 in April 2024, up 8.1% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $205K$295K
+43.9%
2 $255K$300K
+17.6%
3 $300K$343.5K
+14.5%
4 $390K$382.2K
-2.0%
5+ $482.5K$384.9K
-20.2%

Summary: Becker Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.9%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 14.5%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 20.2%.

Median Sold Price Compared To Nearby Cities

Becker Township
+8.1%
Staples
+6.2%
Motley
-14.4%

Housing Supply in Becker Township, MN

How many homes are available in Becker Township, MN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2537+48.0%

Summary: The Becker Township real estate market had 37 homes for sale in April 2024, a 48.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 88
0.0%
3 711
+57.1%
4 813
+62.5%
5+ 14
+300.0%

Summary: The Becker Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes increased by 300%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Becker Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Becker Township in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Apr 2023Apr 2024CHANGE
68 Days63 Days-7.9%

Summary: Homes in Becker Township had an average of 63 days on market in Apr 2024, down by 7.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 April 2024, 4 homes were sold in Becker Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 8 Days Ago

Newest Listings in Becker Township, MN

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