Is Nashwauk Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Nashwauk Township has remained a Neutral Market.
Housing Prices in Nashwauk Township, MN
How much do homes in Nashwauk Township, MN cost?
Median Sold Price
$225,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Nashwauk Township was $225,000 in March 2024, up 45.2% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $119.5K | -17.6% |
2 Bedrooms | $93.8K | $243.5K | +159.5% |
3 Bedrooms | $200.5K | $299K | +49.1% |
4 Bedrooms | $295K | $159K | -46.1% |
5+ Bedrooms | $140K | - | N/A |
Summary: Nashwauk Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.6%, 2 bedroom homes increased by 159.5%, 3 bedroom homes increased by 49.1%, 4 bedroom homes decreased by 46.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Nashwauk Township | $155K | $225K | +45.2% |
Nashwauk | $155K | $225K | +45.2% |
Housing Supply in Nashwauk Township, MN
How many homes are available in Nashwauk Township, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Summary: The Nashwauk Township real estate market had 12 homes for sale in March 2024, a 50.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Nashwauk Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Nashwauk Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Nashwauk Township, MN
How long does it take to sell a home in Nashwauk Township, MN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
217 Days | 105 Days | -51.4% |
Summary: Homes in Nashwauk Township had an average of 105 days on market in Mar 2024, down by 51.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Nashwauk Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.