Is Le Sauk 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, Le Sauk Township was a Seller's Market.
Key Takeaway
Le Sauk Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Le Sauk Township, MN
How much do homes in Le Sauk Township, MN cost?
Median Sold Price
$284,950
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Le Sauk Township have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Le Sauk Township was $284,950 in March 2024, down 2.4% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $240K | $180K | -25.0% |
| 3 Bedrooms | $276.5K | $276.5K | 0.0% |
| 4 Bedrooms | $292K | $460K | +57.5% |
| 5+ Bedrooms | $599.9K | $311K | -48.2% |
Summary: Le Sauk 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 decreased by 25%, 3 bedroom homes did not change, 4 bedroom homes increased by 57.5%, and 5+ bedroom homes decreased by 48.2%.
Median Sold Price Compared To Nearby Cities
| Sauk Rapids | $265K | $283.2K | +6.9% |
| Sauk Rapids Township | $267K | $283.2K | +6.1% |
| Saint Cloud | $226.6K | $235K | +3.7% |
| Sartell | $316.5K | $325K | +2.7% |
| Le Sauk Township | $292K | $284.9K | -2.4% |
Housing Supply in Le Sauk Township, MN
How many homes are available in Le Sauk Township, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Le Sauk Township real estate market had 17 homes for sale in March 2024, a 6.3% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Le Sauk 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 remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Le Sauk Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Le Sauk Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Le Sauk Township, MN
How long does it take to sell a home in Le Sauk Township, MN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 58 Days | 9 Days | -84.6% |
Summary: Homes in Le Sauk Township had an average of 9 days on market in Mar 2024, down by 84.6% 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 Le Sauk Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Le Sauk 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.
