Is Little Falls 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, Little Falls Township has remained a Seller's Market.
Housing Prices in Little Falls Township, MN
How much do homes in Little Falls Township, MN cost?
Median Sold Price
$231,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Little Falls Township was $231,000 in April 2024, up 8.8% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $99.9K | N/A |
2 Bedrooms | $160.5K | $190K | +18.4% |
3 Bedrooms | $188.5K | $231.7K | +22.9% |
4 Bedrooms | $268K | $259.5K | -3.2% |
5+ Bedrooms | $328K | $335K | +2.1% |
Summary: Little Falls 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 18.4%, 3 bedroom homes increased by 22.9%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 2.1%.
Median Sold Price Compared To Nearby Cities
Little Falls | $210K | $231K | +10.0% |
Little Falls Township | $212.4K | $231K | +8.8% |
Housing Supply in Little Falls Township, MN
How many homes are available in Little Falls Township, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 47 | +30.6% |
Summary: The Little Falls Township real estate market had 47 homes for sale in April 2024, a 30.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 4 | 8 | +100.0% |
3 Bedrooms | 18 | 20 | +11.1% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The Little Falls 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 increased by 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Little Falls Township in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Little Falls Township, MN
How long does it take to sell a home in Little Falls Township, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 23 Days | -37.2% |
Summary: Homes in Little Falls Township had an average of 23 days on market in Apr 2024, down by 37.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Little Falls Township; 90% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.