Is Byron Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Byron Township has remained a Seller's Market.
Housing Prices in Byron Township, MN
How much do homes in Byron Township, MN cost?
Median Sold Price
$380,430
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Byron Township was $380,430 in April 2024, up 0.1% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $294.9K | $299.2K | +1.4% |
3 Bedrooms | $314.5K | $335K | +6.5% |
4 Bedrooms | $420.4K | $411K | -2.2% |
5+ Bedrooms | $458K | $611K | +33.4% |
Summary: Byron Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 33.4%.
Housing Supply in Byron Township, MN
How many homes are available in Byron Township, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 59 | +28.3% |
Summary: The Byron Township real estate market had 59 homes for sale in April 2024, a 28.3% 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 | 9 | 10 | +11.1% |
3 Bedrooms | 15 | 19 | +26.7% |
4 Bedrooms | 15 | 20 | +33.3% |
5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Byron 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 11.1%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 14 | +75.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Byron Township in April 2024, up by 75.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Byron Township, MN
How long does it take to sell a home in Byron Township, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 115 Days | +64.9% |
Summary: Homes in Byron Township had an average of 115 days on market in Apr 2024, up by 64.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Byron Township; 43% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.