Is Hassan Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Hassan Township was a Seller's Market.
Key Takeaway
Hassan Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hassan Township, MN
How much do homes in Hassan Township, MN cost?
Median Sold Price
$490,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hassan Township have sold for 12.7% less than they did a year ago.
Summary: The median home sold price in Hassan Township was $490,000 in March 2024, down 12.7% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $558.2K | $468.7K | -16.0% |
| 3 Bedrooms | $404.9K | $438.6K | +8.3% |
| 4 Bedrooms | $564.5K | $559K | -1.0% |
| 5+ Bedrooms | $809.6K | $692K | -14.5% |
Summary: Hassan 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 16%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 14.5%.
Median Sold Price Compared To Nearby Cities
| Saint Michael | $428.1K | $449.9K | +5.1% |
| Otsego | $425K | $420.1K | -1.1% |
| Rogers | $450K | $439.8K | -2.3% |
| Dayton | $491.4K | $460.4K | -6.3% |
| Hassan Township | $561.4K | $490K | -12.7% |
Housing Supply in Hassan Township, MN
How many homes are available in Hassan Township, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Summary: The Hassan Township real estate market had 11 homes for sale in March 2024, a 120.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Hassan 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 remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hassan Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Hassan Township in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Hassan Township, MN
How long does it take to sell a home in Hassan Township, MN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 44 Days | 13 Days | -70.7% |
Summary: Homes in Hassan Township had an average of 13 days on market in Mar 2024, down by 70.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hassan Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Hassan 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.
