Is Linwood Township, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Linwood Township is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Linwood Township was a Seller's Market.

Key Takeaway

Linwood Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Linwood Township, MN

How much do homes in Linwood Township, MN cost?

Median Sold Price

$451,000

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$21,550(+5.0%)

Key Takeaway

Homes in Linwood Township have sold for 5% more than they did a year ago.

Summary: The median home sold price in Linwood Township was $451,000 in September 2024, up 5% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $200K-
N/A
2 $361K$432.5K
+19.8%
3 $455K$408.5K
-10.2%
4 $485.2K$522.5K
+7.7%
5+ $370K$527.5K
+42.6%

Summary: Linwood Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.8%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 42.6%.

Median Sold Price Compared To Nearby Cities

Linwood Township
+5.0%
Wyoming
+0.6%
Wyoming
-1.3%
Stacy
-2.3%

Housing Supply in Linwood Township, MN

How many homes are available in Linwood Township, MN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2528+12.0%

Summary: The Linwood Township real estate market had 28 homes for sale in September 2024, a 12.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 22
0.0%
2 35
+66.7%
3 1213
+8.3%
4 44
0.0%
5+ 44
0.0%

Summary: The Linwood Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Linwood Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Linwood Township in September 2024, down by 60.0% 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 Linwood Township, MN

How long does it take to sell a home in Linwood Township, MN?

Average Sale Time

Sep 2023Sep 2024CHANGE
34 Days54 Days+57.8%

Summary: Homes in Linwood Township had an average of 54 days on market in Sep 2024, up by 57.8% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Linwood Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 2 homes were sold in Linwood 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in Linwood Township, MN

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What housing markets are near Linwood Township, MN?