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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henderson Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Henderson Township was a Seller's Market.

Key Takeaway

Henderson 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 Henderson Township, MN

How much do homes in Henderson Township, MN cost?

Median Sold Price

$253,000

$101/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$74,500(-22.7%)

Key Takeaway

Homes in Henderson Township have sold for 22.7% less than they did a month ago.

Summary: The median home sold price in Henderson Township was $253,000 in March 2024, down 22.7% from last month, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $515K$253K
-50.9%
4 $140K-
N/A
5+ --
N/A

Summary: Henderson Township housing prices by bedroom type for March 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 50.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Henderson Township
-22.7%
Henderson
-22.7%

Housing Supply in Henderson Township, MN

How many homes are available in Henderson Township, MN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
87-12.5%

Summary: The Henderson Township real estate market had 7 homes for sale in March 2024, a 12.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Henderson 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 remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henderson Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Henderson Township in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Henderson Township, MN

How long does it take to sell a home in Henderson Township, MN?

Average Sale Time

Feb 2024Mar 2024CHANGE
67 Days80 Days+19.4%

Summary: Homes in Henderson Township had an average of 80 days on market in Mar 2024, up by 19.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Henderson Township has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Henderson 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.

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

Report Updated 29 Days Ago

Newest Listings in Henderson Township, MN

Nearby Markets to Henderson Township, MN