Is Lent Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Lent Township has remained a Buyer's Market.
Housing Prices in Lent Township, MN
How much do homes in Lent Township, MN cost?
Median Sold Price
$410,000
$205/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Lent Township was $410,000 in March 2024, up 5.2% from last month, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $400K | N/A |
4 Bedrooms | $389.9K | $420K | +7.7% |
5+ Bedrooms | - | - | N/A |
Summary: Lent Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes did not change.
Housing Supply in Lent Township, MN
How many homes are available in Lent Township, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 17 | +41.7% |
Summary: The Lent Township real estate market had 17 homes for sale in March 2024, a 41.7% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 9 | +50.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Lent 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lent Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Lent Township, MN
How long does it take to sell a home in Lent Township, MN?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
68 Days | 55 Days | -19.1% |
Summary: Homes in Lent Township had an average of 55 days on market in Mar 2024, down by 19.1% compared to last month.
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 March 2024, 2 homes were sold in Lent 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.