Is Sylvan Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Sylvan Township was a Seller's Market.
Housing Prices in Sylvan Township, MN
How much do homes in Sylvan Township, MN cost?
Median Sold Price
$369,900
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sylvan Township was $369,900 in March 2024, up 5.7% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $312.7K | $230K | -26.5% |
3 Bedrooms | $307.5K | $399.5K | +29.9% |
4 Bedrooms | $359.9K | $369.9K | +2.8% |
5+ Bedrooms | $475K | $568.8K | +19.7% |
Summary: Sylvan Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.5%, 3 bedroom homes increased by 29.9%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 19.7%.
Median Sold Price Compared To Nearby Cities
Sylvan Township | $350K | $369.9K | +5.7% |
East Gull Lake | $805K | $838.2K | +4.1% |
Pillager | $311.2K | $307K | -1.4% |
Housing Supply in Sylvan Township, MN
How many homes are available in Sylvan Township, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Summary: The Sylvan Township real estate market had 9 homes for sale in March 2024, a 125.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 3 | +100.0% |
Summary: The Sylvan Township housing inventory by bedroom type for March 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
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 Sylvan Township in March 2024, up by 100.0% 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 Sylvan Township, MN
How long does it take to sell a home in Sylvan Township, MN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 14 Days | -59.1% |
Summary: Homes in Sylvan Township had an average of 14 days on market in Mar 2024, down by 59.1% 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 March 2024, 1 homes were sold in Sylvan Township; 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.