Is Staples 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, Staples Township has remained a Seller's Market.
Housing Prices in Staples Township, MN
How much do homes in Staples Township, MN cost?
Median Sold Price
$174,950
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Staples Township was $174,950 in April 2024, up 10.4% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $89.5K | N/A |
2 Bedrooms | $145K | $148K | +2.1% |
3 Bedrooms | $144.7K | $185K | +27.9% |
4 Bedrooms | $255K | $245K | -3.9% |
5+ Bedrooms | $315K | $268.5K | -14.8% |
Summary: Staples 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 2.1%, 3 bedroom homes increased by 27.9%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 14.8%.
Median Sold Price Compared To Nearby Cities
Staples | $156.5K | $174.9K | +11.8% |
Staples Township | $158.5K | $174.9K | +10.4% |
Staples | $160K | $169.9K | +6.2% |
Housing Supply in Staples Township, MN
How many homes are available in Staples Township, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 16 | -23.8% |
Summary: The Staples Township real estate market had 16 homes for sale in April 2024, a 23.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 8 | 4 | -50.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Staples Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 5 | -44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Staples Township in April 2024, down by 44.4% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Staples Township, MN
How long does it take to sell a home in Staples Township, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
115 Days | 45 Days | -61.0% |
Summary: Homes in Staples Township had an average of 45 days on market in Apr 2024, down by 61% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Staples Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.