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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillman Township is a neutral's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

Hillman 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 Hillman Township, MN

How much do homes in Hillman Township, MN cost?

Median Sold Price

$550,000

$425/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$415,000(+307.4%)

Key Takeaway

Homes in Hillman Township have sold for 307.4% more than they did a month ago.

Summary: The median home sold price in Hillman Township was $550,000 in March 2024, up 307.4% from last month, and the median price per square foot was $425.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $135K$550K
+307.4%
4 --
N/A
5+ --
N/A

Summary: Hillman 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 increased by 307.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hillman Township, MN

How many homes are available in Hillman Township, MN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
46+50.0%

Summary: The Hillman Township real estate market had 6 homes for sale in March 2024, a 50.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 33
0.0%
4 00
0.0%
5+ 12
+100.0%

Summary: The Hillman 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hillman Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Hillman Township in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Hillman Township, MN

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

Average Sale Time

Feb 2024Mar 2024CHANGE
22 Days12 Days-45.5%

Summary: Homes in Hillman Township had an average of 12 days on market in Mar 2024, down by 45.5% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

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

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

Report Updated 28 Days Ago

Newest Listings in Hillman Township, MN

Nearby Markets to Hillman Township, MN

What housing markets are near Hillman Township, MN?