Is Fair Haven 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, Fair Haven Township was a Seller's Market.
Key Takeaway
Fair Haven Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fair Haven Township, MN
How much do homes in Fair Haven Township, MN cost?
Median Sold Price
$329,250
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fair Haven Township have sold for 13.4% less than they did a year ago.
Summary: The median home sold price in Fair Haven Township was $329,250 in April 2024, down 13.4% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $415K | N/A |
| 2 Bedrooms | $341K | $190K | -44.3% |
| 3 Bedrooms | $362.4K | $295K | -18.6% |
| 4 Bedrooms | $465K | $327.5K | -29.6% |
| 5+ Bedrooms | $504.5K | $350K | -30.6% |
Summary: Fair Haven Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 44.3%, 3 bedroom homes decreased by 18.6%, 4 bedroom homes decreased by 29.6%, and 5+ bedroom homes decreased by 30.6%.
Median Sold Price Compared To Nearby Cities
| South Haven | $327K | $375K | +14.7% |
| Fair Haven Township | $380K | $329.2K | -13.4% |
Housing Supply in Fair Haven Township, MN
How many homes are available in Fair Haven Township, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Fair Haven Township real estate market had 8 homes for sale in April 2024, the same as 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 | 3 | 3 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fair Haven 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
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 Fair Haven 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 Fair Haven Township in April 2024, the same as the previous 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 Fair Haven Township, MN
How long does it take to sell a home in Fair Haven Township, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 118 Days | 87 Days | -26.5% |
Summary: Homes in Fair Haven Township had an average of 87 days on market in Apr 2024, down by 26.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fair Haven Township has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Fair Haven Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
