Is Silver Creek 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, Silver Creek Township was a Neutral Market.
Housing Prices in Silver Creek Township, MN
How much do homes in Silver Creek Township, MN cost?
Median Sold Price
$540,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Silver Creek Township was $540,000 in April 2024, up 2.9% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $482.5K | $312.9K | -35.1% |
3 Bedrooms | $520K | $545K | +4.8% |
4 Bedrooms | $658.5K | $574.5K | -12.8% |
5+ Bedrooms | $659K | $1.0M | +55.9% |
Summary: Silver Creek 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 35.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes increased by 55.9%.
Median Sold Price Compared To Nearby Cities
Clearwater Township | $298.5K | $327.9K | +9.9% |
Becker | $339K | $355K | +4.7% |
Silver Creek Township | $525K | $540K | +2.9% |
Becker Township | $349.9K | $359.9K | +2.9% |
Maple Lake Township | $336.9K | $337.5K | 0.2% |
Housing Supply in Silver Creek Township, MN
How many homes are available in Silver Creek Township, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Summary: The Silver Creek Township real estate market had 7 homes for sale in April 2024, a 16.7% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 2 | +100.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Silver 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Silver Creek Township in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Silver Creek Township, MN
How long does it take to sell a home in Silver Creek Township, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 29 Days | +128.2% |
Summary: Homes in Silver Creek Township had an average of 29 days on market in Apr 2024, up by 128.2% 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 Silver Creek 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.