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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hubbard Township is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Hubbard Township has remained a Seller's Market.

Key Takeaway

Hubbard Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Hubbard Township, MN cost?

Median Sold Price

$342,818

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$14,068(+4.3%)

Key Takeaway

Homes in Hubbard Township have sold for 4.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $335K$422K
+26.0%
3 $300K$269.9K
-10.0%
4 $458.4K$1.1M
+154.0%
5+ $347.1K$1.1M
+227.0%

Median Sold Price Compared To Nearby Cities

Henrietta Township
+9.6%
Hubbard Township
+4.3%
Crow Wing Lake Township
0.0%

How many homes are available in Hubbard Township, MN?

Number of Homes For Sale

Aug 2022Sep 2022%
89+12.5%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 24
+100.0%
3 31
-66.7%
4 34
+33.3%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Average Sale Time

Sep 2021Sep 2022%
35 Days78 Days+122.9%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Hubbard Township, MN

Number of homes for sale in Hubbard Township, MN real estate market have reached 9. The number of homes for sale in Hubbard Township, MN increased by 12.5% between August 2022 and September 2022. The median list price of listings available in September 2022 was $342,818, while the average time on the real estate market was 78 days. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 26%, the cost of 3 bedrooms properties went down by 10%, 4 bedrooms properties became 154% more expensive, prices of 5 bedrooms properties increased by 227%. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes became 100% more available, 3 bedrooms homes inventory decreased by 66.7%, number of 4 bedrooms homes increased by 33.3%, 5 bedrooms homes did not move. While more than 1 listings in Hubbard Township, MN in September 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below.