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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eckles Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Eckles Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Eckles Township, MN

How much do homes in Eckles Township, MN cost?

Median Sold Price

$264,500

$160/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$118,400(-30.9%)

Key Takeaway

Homes in Eckles Township have sold for 30.9% less than they did a month ago.

Summary: The median home sold price in Eckles Township was $264,500 in April 2024, down 30.9% from last month, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $382.9K$264.5K
-30.9%
4 --
N/A
5+ --
N/A

Summary: Eckles 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 decreased by 30.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Eckles Township, MN

How many homes are available in Eckles Township, MN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1315+15.4%

Summary: The Eckles Township real estate market had 15 homes for sale in April 2024, a 15.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1111
0.0%
4 02
+100.0%
5+ 11
0.0%

Summary: The Eckles 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eckles 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 Eckles Township in April 2024, up by 200.0% 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 Eckles Township, MN

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

Average Sale Time

Mar 2024Apr 2024CHANGE
201 Days93 Days-53.7%

Summary: Homes in Eckles Township had an average of 93 days on market in Apr 2024, down by 53.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Eckles Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Eckles Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 9 Days Ago

Newest Listings in Eckles Township, MN

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