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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Collegeville Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Collegeville Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Collegeville Township, MN

How much do homes in Collegeville Township, MN cost?

Median Sold Price

$532,500

$266/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$292,500(-35.5%)

Key Takeaway

Homes in Collegeville Township have sold for 35.5% less than they did a month ago.

Summary: The median home sold price in Collegeville Township was $532,500 in March 2024, down 35.5% from last month, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 -$465K
N/A
4 $825K$600K
-27.3%
5+ --
N/A

Summary: Collegeville Township housing prices by bedroom type for March 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.

Housing Supply in Collegeville Township, MN

How many homes are available in Collegeville Township, MN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
440.0%

Summary: The Collegeville Township real estate market had 4 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 00
0.0%
3 11
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Collegeville Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Collegeville Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

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

Days on Market for Collegeville Township, MN

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

Average Sale Time

Feb 2024Mar 2024CHANGE
37 Days12 Days-67.6%

Summary: Homes in Collegeville Township had an average of 12 days on market in Mar 2024, down by 67.6% 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 Collegeville Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Collegeville 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 27 Days Ago

Newest Listings in Collegeville Township, MN

Nearby Markets to Collegeville Township, MN

What housing markets are near Collegeville Township, MN?