Is Chengwatana 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, Chengwatana Township has remained a Seller's Market.
Housing Prices in Chengwatana Township, MN
How much do homes in Chengwatana Township, MN cost?
Median Sold Price
$335,900
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chengwatana Township was $335,900 in April 2024, up 1.6% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | - | N/A |
2 Bedrooms | $205.5K | $305K | +48.4% |
3 Bedrooms | $362.5K | $275K | -24.1% |
4 Bedrooms | $339.6K | $374.9K | +10.4% |
5+ Bedrooms | $368K | - | N/A |
Summary: Chengwatana 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 48.4%, 3 bedroom homes decreased by 24.1%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Pine City Township | $260K | $285K | +9.6% |
Chengwatana Township | $330.7K | $335.9K | +1.6% |
Housing Supply in Chengwatana Township, MN
How many homes are available in Chengwatana Township, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Summary: The Chengwatana 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 | 1 | 1 | 0.0% |
3 Bedrooms | 0 | 3 | +100.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Chengwatana 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 2 | +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
Summary: A total of 2 homes were sold or pending in Chengwatana 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 Chengwatana Township, MN
How long does it take to sell a home in Chengwatana Township, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
2 Days | 9 Days | +350.0% |
Summary: Homes in Chengwatana Township had an average of 9 days on market in Apr 2024, up by 350% compared to last year.
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
Summary: During April 2024, 2 homes were sold in Chengwatana 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.