Housing Prices in Tower, MN
How much do homes in Tower, MN cost?
Median List Price
$477,000
$332/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Tower was $477,000 in April 2024, down 13% from the previous year, and the median price per square foot was $332.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $449K | $293.5K | -34.6% |
2 Bedrooms | $425K | $489K | +15.1% |
3 Bedrooms | $721.5K | $599K | -17.0% |
4 Bedrooms | $1.5M | $548.5K | -65.7% |
5+ Bedrooms | $349.5K | $1.6M | +357.8% |
Summary: Tower housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.6%, 2 bedroom homes increased by 15.1%, 3 bedroom homes decreased by 17%, 4 bedroom homes decreased by 65.7%, and 5+ bedroom homes increased by 357.8%.
Median List Price Compared To Nearby Cities
Breitung Township | $117K | $201.2K | +72.0% |
Greenwood Township | $580K | $518.7K | -10.6% |
Tower | $548.5K | $477K | -13.0% |
Housing Supply in Tower, MN
How many homes are available in Tower, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 26 | +18.2% |
Summary: The Tower real estate market had 26 homes for sale in April 2024, a 18.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Tower 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for Tower, MN
How long does it take to sell a home in Tower, MN?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
138 Days | 147 Days | +6.4% |
Summary: Homes in Tower had an average listing age of 147 days in Apr 2024, up by 6.4% compared to the previous year.