Is La Crescent Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, La Crescent Township was a Buyer's Market.
Key Takeaway
La Crescent 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 La Crescent Township, MN
How much do homes in La Crescent Township, MN cost?
Median Sold Price
$325,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in La Crescent Township have sold for 2.5% less than they did a year ago.
Summary: The median home sold price in La Crescent Township was $325,000 in March 2024, down 2.5% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $162.5K | $241K | +48.3% |
| 3 Bedrooms | $316.9K | $304.9K | -3.8% |
| 4 Bedrooms | $335K | $453.8K | +35.5% |
| 5+ Bedrooms | $610K | $380K | -37.7% |
Summary: La Crescent Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.3%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 35.5%, and 5+ bedroom homes decreased by 37.7%.
Median Sold Price Compared To Nearby Cities
| La Crescent | $330K | $325K | -1.5% |
| La Crescent Township | $333.5K | $325K | -2.5% |
Housing Supply in La Crescent Township, MN
How many homes are available in La Crescent Township, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 40 | +48.1% |
Summary: The La Crescent Township real estate market had 40 homes for sale in March 2024, a 48.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 17 | +54.5% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 1 | 5 | +400.0% |
Summary: The La Crescent 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 increased by 54.5%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 400%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Crescent Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in La Crescent Township in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for La Crescent Township, MN
How long does it take to sell a home in La Crescent Township, MN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 5 Days | 4 Days | -20.0% |
Summary: Homes in La Crescent Township had an average of 4 days on market in Mar 2024, down by 20% compared to last year.
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
Key Takeaway
Many homes in La Crescent Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in La Crescent Township; 17% 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.
