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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mission Creek Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Mission Creek Township, MN

How much do homes in Mission Creek Township, MN cost?

Median Sold Price

$600,000

$376/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$250,000(+71.4%)

Key Takeaway

Homes in Mission Creek Township have sold for 71.4% more than they did a month ago.

Summary: The median home sold price in Mission Creek Township was $600,000 in April 2024, up 71.4% from last month, and the median price per square foot was $376.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$600K
N/A
4 $350K-
N/A
5+ --
N/A

Summary: Mission Creek 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mission Creek Township
+71.4%
Barry Township
-4.3%
Hinckley Township
-35.7%

Housing Supply in Mission Creek Township, MN

How many homes are available in Mission Creek Township, MN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
43-25.0%

Summary: The Mission Creek Township real estate market had 3 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Mission Creek 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were 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 Mission Creek Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Mission Creek Township in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Mission Creek Township, MN

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

Average Sale Time

Mar 2024Apr 2024CHANGE
2 Days2 Days0.0%

Summary: Homes in Mission Creek Township had an average of 2 days on market in Apr 2024, the same as last month.

Breakdown of Home Sale Times

1 Home Was 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 Mission Creek Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Mission Creek 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 12 Days Ago

Newest Listings in Mission Creek Township, MN

Nearby Markets to Mission Creek Township, MN