Is East Side Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, East Side Township was a Buyer's Market.
Key Takeaway
East Side Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in East Side Township, MN
How much do homes in East Side Township, MN cost?
Median Sold Price
$271,200
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in East Side Township have sold for 32.1% less than they did a year ago.
Summary: The median home sold price in East Side Township was $271,200 in April 2024, down 32.1% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $94.7K | $87.9K | -7.2% |
| 2 Bedrooms | $411K | $363.2K | -11.6% |
| 3 Bedrooms | $403.7K | $420K | +4.0% |
| 4 Bedrooms | $665K | $260.4K | -60.8% |
| 5+ Bedrooms | $469K | $455K | -3.0% |
Summary: East Side Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.2%, 2 bedroom homes decreased by 11.6%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 60.8%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
| Isle | $289.9K | $250K | -13.8% |
| Isle | $299.9K | $250K | -16.6% |
| East Side Township | $399.3K | $271.2K | -32.1% |
Housing Supply in East Side Township, MN
How many homes are available in East Side Township, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The East Side Township real estate market had 6 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 | 2 | +100.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Side 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 increased by 100%, 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 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Side Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in East Side Township in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for East Side Township, MN
How long does it take to sell a home in East Side Township, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 174 Days | 213 Days | +22.4% |
Summary: Homes in East Side Township had an average of 213 days on market in Apr 2024, up by 22.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in East Side Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 1 homes were sold in East Side Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
