Is Miltona Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Miltona Township was a Buyer's Market.
Key Takeaway
Miltona Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Miltona Township, MN
How much do homes in Miltona Township, MN cost?
Median Sold Price
$595,500
$197/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Miltona Township have sold for 5.4% more than they did a month ago.
Summary: The median home sold price in Miltona Township was $595,500 in April 2024, up 5.4% from last month, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $98.9K | N/A |
| 3 Bedrooms | $565K | $970K | +71.7% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Miltona Township housing prices by bedroom type for April 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 increased by 71.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Miltona Township | $565K | $595.5K | +5.4% |
| Miltona | $565K | $595.5K | +5.4% |
Housing Supply in Miltona Township, MN
How many homes are available in Miltona Township, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The Miltona Township real estate market had 16 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Miltona Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Miltona Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Miltona Township in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Miltona Township, MN
How long does it take to sell a home in Miltona Township, MN?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 31 Days | +0.8% |
Summary: Homes in Miltona Township had an average of 31 days on market in Apr 2024, up by 0.8% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Miltona Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Miltona Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
