Is Maple Lake Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Maple Lake Township was a Seller's Market.
Housing Prices in Maple Lake Township, MN
How much do homes in Maple Lake Township, MN cost?
Median Sold Price
$337,500
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Maple Lake Township was $337,500 in April 2024, up 0.2% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $322.5K | $508.5K | +57.7% |
2 Bedrooms | $323.5K | $287.5K | -11.1% |
3 Bedrooms | $290.2K | $404.7K | +39.5% |
4 Bedrooms | $507.5K | $517K | +1.9% |
5+ Bedrooms | $715.5K | $315K | -56.0% |
Summary: Maple Lake Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.7%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 39.5%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 56%.
Median Sold Price Compared To Nearby Cities
Monticello Township | $325K | $350K | +7.7% |
Buffalo Township | $344.1K | $363.7K | +5.7% |
Maple Lake | $302.5K | $315K | +4.1% |
Silver Creek Township | $525K | $540K | +2.9% |
Maple Lake Township | $336.9K | $337.5K | 0.2% |
Housing Supply in Maple Lake Township, MN
How many homes are available in Maple Lake Township, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 38 | +35.7% |
Summary: The Maple Lake Township real estate market had 38 homes for sale in April 2024, a 35.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 10 | 16 | +60.0% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Maple Lake Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Maple Lake Township in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Maple Lake Township, MN
How long does it take to sell a home in Maple Lake Township, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
75 Days | 62 Days | -16.9% |
Summary: Homes in Maple Lake Township had an average of 62 days on market in Apr 2024, down by 16.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Maple Lake Township; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.