Is Stanchfield, 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, Stanchfield was a Seller's Market.
Housing Prices in Stanchfield, MN
How much do homes in Stanchfield, MN cost?
Median Sold Price
$370,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Stanchfield was $370,000 in April 2024, down 9.8% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | - | N/A |
2 Bedrooms | $420K | $270K | -35.7% |
3 Bedrooms | $377.7K | $370K | -2.1% |
4 Bedrooms | $430K | $507.5K | +18.0% |
5+ Bedrooms | $464.1K | $716.2K | +54.3% |
Summary: Stanchfield 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 35.7%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 54.3%.
Median Sold Price Compared To Nearby Cities
Cambridge Township | $296.6K | $310K | +4.5% |
Fish Lake Township | $415K | $427.8K | +3.1% |
Stanchfield Township | $376.5K | $375K | -0.4% |
Stanchfield | $410K | $370K | -9.8% |
Housing Supply in Stanchfield, MN
How many homes are available in Stanchfield, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Summary: The Stanchfield real estate market had 12 homes for sale in April 2024, a 20.0% 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 | 2 | 0 | -100.0% |
3 Bedrooms | 4 | 8 | +100.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Stanchfield 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 100%, 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 |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Stanchfield in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Stanchfield, MN
How long does it take to sell a home in Stanchfield, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 27 Days | +440.0% |
Summary: Homes in Stanchfield had an average of 27 days on market in Apr 2024, up by 440% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Stanchfield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.