Is Crooked Lake 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, Crooked Lake Township has remained a Seller's Market.
Key Takeaway
Crooked Lake Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crooked Lake Township, MN
How much do homes in Crooked Lake Township, MN cost?
Median Sold Price
$482,450
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Crooked Lake Township have sold for 18.8% more than they did a year ago.
Summary: The median home sold price in Crooked Lake Township was $482,450 in April 2024, up 18.8% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $292.5K | $170.2K | -41.8% |
| 2 Bedrooms | $427K | $430K | +0.7% |
| 3 Bedrooms | $499.9K | $521.5K | +4.3% |
| 4 Bedrooms | $680K | $523K | -23.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Crooked Lake Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.8%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Outing | $380K | $479.9K | +26.3% |
| Crooked Lake Township | $406K | $482.4K | +18.8% |
| Emily | $342.5K | $329.5K | -3.8% |
Housing Supply in Crooked Lake Township, MN
How many homes are available in Crooked Lake Township, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Summary: The Crooked Lake Township real estate market had 9 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Crooked Lake 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 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crooked Lake Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Crooked Lake Township in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Crooked Lake Township, MN
How long does it take to sell a home in Crooked Lake Township, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 45 Days | 6 Days | -85.9% |
Summary: Homes in Crooked Lake Township had an average of 6 days on market in Apr 2024, down by 85.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Crooked Lake Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Crooked Lake 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.
