Is Jackson Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jackson Township has remained a Seller's Market.
Housing Prices in Jackson Township, MN
How much do homes in Jackson Township, MN cost?
Median Sold Price
$171,950
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jackson Township was $171,950 in April 2024, down 63.6% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $107K | $112.5K | +5.1% |
3 Bedrooms | $185.5K | $150K | -19.1% |
4 Bedrooms | $493.3K | $450K | -8.8% |
5+ Bedrooms | $365.1K | $515K | +41.0% |
Summary: Jackson 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 5.1%, 3 bedroom homes decreased by 19.1%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 41%.
Median Sold Price Compared To Nearby Cities
Shakopee | $365.3K | $394.9K | +8.1% |
Chanhassen | $501.3K | $528.8K | +5.5% |
Chaska | $417.5K | $430K | +3.0% |
Jackson Township | $472.3K | $171.9K | -63.6% |
Housing Supply in Jackson Township, MN
How many homes are available in Jackson Township, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Summary: The Jackson Township real estate market had 9 homes for sale in April 2024, a 18.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 5 | 3 | -40.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Jackson Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Jackson Township in April 2024, down by 50.0% month-over-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 Jackson Township, MN
How long does it take to sell a home in Jackson Township, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
2 Days | 102 Days | +5025.0% |
Summary: Homes in Jackson Township had an average of 102 days on market in Apr 2024, up by 5025% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Jackson Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.