Is Bird Island Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Bird Island Township has remained a Seller's Market.
Key Takeaway
Bird Island Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bird Island Township, MN
How much do homes in Bird Island Township, MN cost?
Median Sold Price
$140,000
$76/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Bird Island Township have sold for 27.3% less than they did a month ago.
Summary: The median home sold price in Bird Island Township was $140,000 in April 2024, down 27.3% from last month, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $156.5K | N/A |
| 4 Bedrooms | $192.5K | $140K | -27.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Bird Island Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bird Island Township | $192.5K | $140K | -27.3% |
| Bird Island | $192.5K | $140K | -27.3% |
Housing Supply in Bird Island Township, MN
How many homes are available in Bird Island Township, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Summary: The Bird Island Township real estate market had 7 homes for sale in April 2024, a 75.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Bird Island 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 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bird Island Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Bird Island Township in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Bird Island Township, MN
How long does it take to sell a home in Bird Island Township, MN?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 Days | 8 Days | +128.6% |
Summary: Homes in Bird Island Township had an average of 8 days on market in Apr 2024, up by 128.6% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bird Island Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Bird Island Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
