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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brandon Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Brandon Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Brandon Township, MN

How much do homes in Brandon Township, MN cost?

Median Sold Price

$359,950

$179/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$82,050(-18.6%)

Key Takeaway

Homes in Brandon Township have sold for 18.6% less than they did a month ago.

Summary: The median home sold price in Brandon Township was $359,950 in April 2024, down 18.6% from last month, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$184.9K
N/A
3 $442K-
N/A
4 --
N/A
5+ -$535K
N/A

Summary: Brandon 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Evansville Township
+56.2%
Brandon Township
-18.6%
Brandon
-18.6%

Housing Supply in Brandon Township, MN

How many homes are available in Brandon Township, MN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
770.0%

Summary: The Brandon Township real estate market had 7 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 32
-33.3%
4 00
0.0%
5+ 22
0.0%

Summary: The Brandon 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 increased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 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 Brandon Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Brandon Township in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Brandon Township, MN

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

Average Sale Time

Mar 2024Apr 2024CHANGE
122 Days9 Days-92.6%

Summary: Homes in Brandon Township had an average of 9 days on market in Apr 2024, down by 92.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Brandon 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.

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

Report Updated 19 Days Ago

Newest Listings in Brandon Township, MN

Nearby Markets to Brandon Township, MN

What housing markets are near Brandon Township, MN?