Is Hassan Township, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hassan Township is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Hassan Township was a Seller's Market.

Key Takeaway

Hassan Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hassan Township, MN

How much do homes in Hassan Township, MN cost?

Median Sold Price

$438,440

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$81,550(-15.7%)

Key Takeaway

Homes in Hassan Township have sold for 15.7% less than they did a year ago.

Summary: The median home sold price in Hassan Township was $438,440 in September 2024, down 15.7% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $558.2K$410.9K
-26.4%
3 $439.8K$362.4K
-17.6%
4 $569.7K$464.9K
-18.4%
5+ $694.5K$439.9K
-36.7%

Summary: Hassan Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.4%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes decreased by 36.7%.

Median Sold Price Compared To Nearby Cities

Dayton
+7.1%
Otsego
-0.7%
Saint Michael
-1.1%
Rogers
-4.2%
Hassan Township
-15.7%

Housing Supply in Hassan Township, MN

How many homes are available in Hassan Township, MN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2537+48.0%

Summary: The Hassan Township real estate market had 37 homes for sale in September 2024, a 48.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1016
+60.0%
4 712
+71.4%
5+ 67
+16.7%

Summary: The Hassan Township housing inventory by bedroom type for September 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 60%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hassan Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Hassan Township in September 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% 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

Sep 2023Sep 2024CHANGE
41 Days29 Days-28.9%

Summary: Homes in Hassan Township had an average of 29 days on market in Sep 2024, down by 28.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hassan Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 6 homes were sold in Hassan Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 15 Days Ago

Newest Listings in Hassan Township, MN

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