Is Dovre Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Dovre Township was a Neutral Market.
Key Takeaway
Dovre Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dovre Township, MN
How much do homes in Dovre Township, MN cost?
Median Sold Price
$585,000
$214/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Dovre Township have sold for 17% more than they did a month ago.
Summary: The median home sold price in Dovre Township was $585,000 in April 2024, up 17% from last month, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $640K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $500K | $532K | +6.4% |
Summary: Dovre Township housing prices by bedroom type for April 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 did not change, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Cities
| Dovre Township | $500K | $585K | +17.0% |
| Green Lake Township | $677.5K | $206K | -69.6% |
Housing Supply in Dovre Township, MN
How many homes are available in Dovre Township, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Summary: The Dovre Township real estate market had 9 homes for sale in April 2024, a 28.6% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Dovre 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 200%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Dovre Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Dovre Township in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Dovre Township, MN
How long does it take to sell a home in Dovre Township, MN?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 Days | 33 Days | +560.0% |
Summary: Homes in Dovre Township had an average of 33 days on market in Apr 2024, up by 560% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dovre Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Dovre Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
