Is Parkers Prairie 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, Parkers Prairie Township was a Seller's Market.
Key Takeaway
Parkers Prairie Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Parkers Prairie Township, MN
How much do homes in Parkers Prairie Township, MN cost?
Median Sold Price
$222,500
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Parkers Prairie Township have sold for 7.3% less than they did a year ago.
Summary: The median home sold price in Parkers Prairie Township was $222,500 in April 2024, down 7.3% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $207.5K | $200K | -3.6% |
| 3 Bedrooms | $171.4K | $222.5K | +29.8% |
| 4 Bedrooms | $383K | $245K | -36.0% |
| 5+ Bedrooms | $329K | $179.5K | -45.4% |
Summary: Parkers Prairie Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 29.8%, 4 bedroom homes decreased by 36%, and 5+ bedroom homes decreased by 45.4%.
Median Sold Price Compared To Nearby Cities
| Parkers Prairie Township | $240K | $222.5K | -7.3% |
| Parkers Prairie | $243.7K | $222.5K | -8.7% |
Housing Supply in Parkers Prairie Township, MN
How many homes are available in Parkers Prairie Township, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Parkers Prairie Township real estate market had 13 homes for sale in April 2024, a 7.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Parkers Prairie Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Parkers Prairie Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Parkers Prairie Township in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Parkers Prairie Township, MN
How long does it take to sell a home in Parkers Prairie Township, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 129 Days | 39 Days | -69.6% |
Summary: Homes in Parkers Prairie Township had an average of 39 days on market in Apr 2024, down by 69.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Parkers Prairie Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Parkers Prairie Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
