Is Munson 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, Munson Township was a Neutral Market.
Housing Prices in Munson Township, MN
How much do homes in Munson Township, MN cost?
Median Sold Price
$367,450
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Munson Township was $367,450 in April 2024, down 6.1% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $119.9K | $52.5K | -56.2% |
2 Bedrooms | $277.5K | $330K | +18.9% |
3 Bedrooms | $382.5K | $400K | +4.6% |
4 Bedrooms | $455K | $510K | +12.1% |
5+ Bedrooms | $490K | - | N/A |
Summary: Munson Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.2%, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Richmond | $312.5K | $339K | +8.5% |
Munson Township | $391.2K | $367.4K | -6.1% |
Housing Supply in Munson Township, MN
How many homes are available in Munson Township, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Summary: The Munson Township real estate market had 11 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 1 | 0 | -100.0% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Munson 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 25%, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Munson Township in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Munson Township, MN
How long does it take to sell a home in Munson Township, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
248 Days | 40 Days | -83.6% |
Summary: Homes in Munson Township had an average of 40 days on market in Apr 2024, down by 83.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Munson Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.