Is Finlayson Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Finlayson Township has remained a Seller's Market.
Housing Prices in Finlayson Township, MN
How much do homes in Finlayson Township, MN cost?
Median Sold Price
$348,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Finlayson Township was $348,000 in April 2024, up 27.7% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $148K | -43.1% |
2 Bedrooms | $257.5K | $285K | +10.7% |
3 Bedrooms | $284.9K | $389.9K | +36.9% |
4 Bedrooms | $348.9K | $468.7K | +34.3% |
5+ Bedrooms | - | $635K | N/A |
Summary: Finlayson Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.1%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 36.9%, 4 bedroom homes increased by 34.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Finlayson | $260K | $354.5K | +36.3% |
Finlayson Township | $272.4K | $348K | +27.7% |
Housing Supply in Finlayson Township, MN
How many homes are available in Finlayson Township, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Summary: The Finlayson Township real estate market had 20 homes for sale in April 2024, a 5.3% 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 | 9 | 8 | -11.1% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 0 | 2 | +100.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Finlayson 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 decreased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 6 | +500.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Finlayson Township in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Finlayson Township, MN
How long does it take to sell a home in Finlayson Township, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
101 Days | 21 Days | -79.2% |
Summary: Homes in Finlayson Township had an average of 21 days on market in Apr 2024, down by 79.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Finlayson Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.