Is Forest Prairie Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Forest Prairie Township has remained a Seller's Market.
Housing Prices in Forest Prairie Township, MN
How much do homes in Forest Prairie Township, MN cost?
Median Sold Price
$327,800
$274/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Forest Prairie Township was $327,800 in April 2024, down 17.5% from last month, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $425K | N/A |
3 Bedrooms | $440K | $230.6K | -47.6% |
4 Bedrooms | $355K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Forest Prairie 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 47.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Watkins | $397.5K | $329K | -17.2% |
Forest Prairie Township | $397.5K | $327.8K | -17.5% |
Housing Supply in Forest Prairie Township, MN
How many homes are available in Forest Prairie Township, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Summary: The Forest Prairie Township real estate market had 3 homes for sale in April 2024, a 40.0% decrease 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 | 2 | 2 | 0.0% |
3 Bedrooms | 2 | 1 | -50.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Forest Prairie 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 decreased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Forest Prairie Township in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Forest Prairie Township, MN
How long does it take to sell a home in Forest Prairie Township, MN?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 6 Days | -45.5% |
Summary: Homes in Forest Prairie Township had an average of 6 days on market in Apr 2024, down by 45.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Forest Prairie Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.