Housing Prices in Fall Lake Township, MN

How much do homes in Fall Lake Township, MN cost?

Median List Price

$698,500

$398/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$60,250(-7.9%)

Key Takeaway

The list price of homes in Fall Lake Township has decreased by 7.9% since last year.

Summary: The median home list price in Fall Lake Township was $698,500 in March 2024, down 7.9% from the previous year, and the median price per square foot was $398.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$99K
N/A
2 $798.5K$470K
-41.1%
3 $719K$719K
0.0%
4 -$949.9K
N/A
5+ --
N/A

Summary: Fall Lake Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 41.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Morse Township
+76.1%
Ely
+14.3%
Fall Lake Township
-7.9%

Housing Supply in Fall Lake Township, MN

How many homes are available in Fall Lake Township, MN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
10100.0%

Summary: The Fall Lake Township real estate market had 10 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 45
+25.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Fall Lake Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Fall Lake Township, MN

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

Average Listing Age

Mar 2023Mar 2024CHANGE
402 Days250 Days-37.8%

Summary: Homes in Fall Lake Township had an average listing age of 250 days in Mar 2024, down by 37.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Fall Lake Township, MN

Nearby Markets to Fall Lake Township, MN

What housing markets are near Fall Lake Township, MN?