Is Ten Lake Township, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ten Lake Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Ten Lake Township has remained a Seller's Market.

Key Takeaway

Ten Lake Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ten Lake Township, MN

How much do homes in Ten Lake Township, MN cost?

Median Sold Price

$737,090

$333/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$448,090(+155.0%)

Key Takeaway

Homes in Ten Lake Township have sold for 155% more than they did a month ago.

Summary: The median home sold price in Ten Lake Township was $737,090 in April 2024, up 155% from last month, and the median price per square foot was $333.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $289K$737K
+155.0%
4 --
N/A
5+ --
N/A

Summary: Ten Lake Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 155%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Ten Lake Township, MN

How many homes are available in Ten Lake Township, MN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
21-50.0%

Summary: The Ten Lake Township real estate market had 1 homes for sale in April 2024, a 50.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Ten Lake 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ten Lake Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Ten Lake Township in April 2024, the same as the previous 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 Ten Lake Township, MN

How long does it take to sell a home in Ten Lake Township, MN?

Average Sale Time

Mar 2024Apr 2024CHANGE
12 Days40 Days+233.3%

Summary: Homes in Ten Lake Township had an average of 40 days on market in Apr 2024, up by 233.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ten Lake Township has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Ten Lake Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Ten Lake Township, MN

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