Is Grant Valley 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, Grant Valley Township has remained a Seller's Market.
Key Takeaway
Grant Valley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grant Valley Township, MN
How much do homes in Grant Valley Township, MN cost?
Median Sold Price
$272,250
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Grant Valley Township have sold for 1% less than they did a year ago.
Summary: The median home sold price in Grant Valley Township was $272,250 in April 2024, down 1% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $167.5K | $192.5K | +14.9% |
| 3 Bedrooms | $249.9K | $272.2K | +8.9% |
| 4 Bedrooms | $342K | $283.5K | -17.1% |
| 5+ Bedrooms | $422.5K | $358.9K | -15.1% |
Summary: Grant Valley 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 increased by 14.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes decreased by 15.1%.
Median Sold Price Compared To Nearby Cities
| Bemidji | $255.7K | $268.9K | +5.2% |
| Bemidji Township | $263.5K | $268.9K | +2.0% |
| Grant Valley Township | $275K | $272.2K | -1.0% |
Housing Supply in Grant Valley Township, MN
How many homes are available in Grant Valley Township, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The Grant Valley Township real estate market had 12 homes for sale in April 2024, a 20.0% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Grant Valley 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 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grant Valley 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 Grant Valley Township in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Grant Valley Township, MN
How long does it take to sell a home in Grant Valley Township, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 4 Days | 38 Days | +784.6% |
Summary: Homes in Grant Valley Township had an average of 38 days on market in Apr 2024, up by 784.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Grant Valley Township has remained consistent over time.
Summary: During April 2024, 3 homes were sold in Grant Valley 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.
