Is Crosby Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Crosby Township has remained a Seller's Market.
Key Takeaway
Crosby Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crosby Township, MN
How much do homes in Crosby Township, MN cost?
Median Sold Price
$205,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Crosby Township have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in Crosby Township was $205,000 in March 2024, down 1.4% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $204K | $68.4K | -66.4% |
| 2 Bedrooms | $185K | $193K | +4.3% |
| 3 Bedrooms | $228.6K | $199.5K | -12.7% |
| 4 Bedrooms | $233.9K | $360K | +53.9% |
| 5+ Bedrooms | $220K | $900K | +309.1% |
Summary: Crosby Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 66.4%, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes increased by 53.9%, and 5+ bedroom homes increased by 309.1%.
Housing Supply in Crosby Township, MN
How many homes are available in Crosby Township, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 25 | +31.6% |
Summary: The Crosby Township real estate market had 25 homes for sale in March 2024, a 31.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Crosby Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 10 | +233.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Crosby Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Crosby Township in March 2024, up by 233.3% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Crosby Township, MN
How long does it take to sell a home in Crosby Township, MN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 65 Days | 28 Days | -57.1% |
Summary: Homes in Crosby Township had an average of 28 days on market in Mar 2024, down by 57.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Crosby Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in Crosby Township; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
