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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Breckenridge Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Breckenridge Township, MN

How much do homes in Breckenridge Township, MN cost?

Median Sold Price

$150,000

$76/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$18,950(-11.2%)

Key Takeaway

Homes in Breckenridge Township have sold for 11.2% less than they did a year ago.

Summary: The median home sold price in Breckenridge Township was $150,000 in April 2024, down 11.2% from last year, and the median price per square foot was $76.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $56.5K$33.5K
-40.7%
2 $119.5K$90K
-24.7%
3 $168.9K$154K
-8.8%
4 $192.5K$227K
+17.9%
5+ $245K$327K
+33.5%

Summary: Breckenridge Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.7%, 2 bedroom homes decreased by 24.7%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 33.5%.

Median Sold Price Compared To Nearby Cities

Wahpeton
+10.8%
Breckenridge Township
-11.2%
Breckenridge
-11.2%

Housing Supply in Breckenridge Township, MN

How many homes are available in Breckenridge Township, MN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
24240.0%

Summary: The Breckenridge Township real estate market had 24 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 25
+150.0%
3 1313
0.0%
4 86
-25.0%
5+ 00
0.0%

Summary: The Breckenridge Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

3 Homes Were 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 Breckenridge Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Breckenridge Township in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Breckenridge Township, MN

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

Breakdown of Home Sale Times

1 Home Was 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 Breckenridge Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in Breckenridge Township; 20% of homes were sold within 30 days, 20% 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 3 Days Ago

Newest Listings in Breckenridge Township, MN

Nearby Markets to Breckenridge Township, MN

What housing markets are near Breckenridge Township, MN?