Is Ida Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Ida Township was a Seller's Market.
Key Takeaway
Ida 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 Ida Township, MN
How much do homes in Ida Township, MN cost?
Median Sold Price
$410,000
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ida Township have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in Ida Township was $410,000 in April 2024, down 1.2% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $135K | N/A |
| 2 Bedrooms | $348K | $420K | +20.7% |
| 3 Bedrooms | $337.5K | $409K | +21.2% |
| 4 Bedrooms | $625K | $369.9K | -40.8% |
| 5+ Bedrooms | $700K | $730.5K | +4.4% |
Summary: Ida Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 21.2%, 4 bedroom homes decreased by 40.8%, and 5+ bedroom homes increased by 4.4%.
Median Sold Price Compared To Nearby Cities
| La Grand Township | $334.5K | $388K | +16.0% |
| Carlos Township | $465K | $509K | +9.5% |
| Ida Township | $415K | $410K | -1.2% |
Housing Supply in Ida Township, MN
How many homes are available in Ida Township, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Summary: The Ida Township real estate market had 14 homes for sale in April 2024, a 7.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Ida Township housing inventory by bedroom type for April 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 decreased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ida Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Ida Township in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ida Township, MN
How long does it take to sell a home in Ida Township, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 223 Days | 19 Days | -91.5% |
Summary: Homes in Ida Township had an average of 19 days on market in Apr 2024, down by 91.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ida Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Ida 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.
