Is Sauk Rapids Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Sauk Rapids Township has remained a Seller's Market.
Key Takeaway
Sauk Rapids Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sauk Rapids Township, MN
How much do homes in Sauk Rapids Township, MN cost?
Median Sold Price
$280,450
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sauk Rapids Township have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Sauk Rapids Township was $280,450 in April 2024, up 4.5% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | - | N/A |
| 2 Bedrooms | $196K | $250K | +27.6% |
| 3 Bedrooms | $255K | $277.4K | +8.8% |
| 4 Bedrooms | $279.2K | $293.5K | +5.1% |
| 5+ Bedrooms | $335K | $338.7K | +1.1% |
Summary: Sauk Rapids 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 increased by 27.6%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Cities
| Sartell | $309.3K | $326.9K | +5.7% |
| Sauk Rapids | $267.2K | $280.4K | +4.9% |
| Sauk Rapids Township | $268.3K | $280.4K | +4.5% |
| Saint Cloud | $229.6K | $235K | +2.3% |
Housing Supply in Sauk Rapids Township, MN
How many homes are available in Sauk Rapids Township, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 57 | +23.9% |
Summary: The Sauk Rapids Township real estate market had 57 homes for sale in April 2024, a 23.9% 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 | 5 | 4 | -20.0% |
| 3 Bedrooms | 19 | 26 | +36.8% |
| 4 Bedrooms | 16 | 20 | +25.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Sauk Rapids 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 decreased by 20%, 3 bedroom homes increased by 36.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sauk Rapids Township, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Sauk Rapids Township in April 2024, up by 20.0% month-over-month. Of the 12 sold homes, 17% were sold under asking, 42% were sold at asking, and 42% were sold over asking.
Days on Market for Sauk Rapids Township, MN
How long does it take to sell a home in Sauk Rapids Township, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 92 Days | 21 Days | -76.4% |
Summary: Homes in Sauk Rapids Township had an average of 21 days on market in Apr 2024, down by 76.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sauk Rapids Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Sauk Rapids Township; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
