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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mahtowa Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Mahtowa Township has remained a Seller's Market.

Key Takeaway

Mahtowa Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mahtowa Township, MN

How much do homes in Mahtowa Township, MN cost?

Median Sold Price

$130,000

$165/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$125,000(-49.0%)

Key Takeaway

Homes in Mahtowa Township have sold for 49% less than they did a month ago.

Summary: The median home sold price in Mahtowa Township was $130,000 in February 2024, down 49% from last month, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 -$130K
N/A
2 $255K-
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Mahtowa Township housing prices by bedroom type for February 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Blackhoof Township
+11.1%
Mahtowa Township
-49.0%

Housing Supply in Mahtowa Township, MN

How many homes are available in Mahtowa Township, MN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
43-25.0%

Summary: The Mahtowa Township real estate market had 3 homes for sale in February 2024, a 25.0% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 22
0.0%
2 10
-100.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Mahtowa Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mahtowa Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Mahtowa Township in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mahtowa Township, MN

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

Average Sale Time

Jan 2024Feb 2024CHANGE
5 Days9 Days+90.0%

Summary: Homes in Mahtowa Township had an average of 9 days on market in Feb 2024, up by 90% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 2 homes were sold in Mahtowa 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.

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

Report Updated 28 Days Ago

Newest Listings in Mahtowa Township, MN

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