Is Willmar 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, Willmar Township has remained a Seller's Market.
Housing Prices in Willmar Township, MN
How much do homes in Willmar Township, MN cost?
Median Sold Price
$230,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Willmar Township was $230,000 in April 2024, up 7% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $96.2K | $102K | +6.0% |
2 Bedrooms | $170K | $167.7K | -1.3% |
3 Bedrooms | $213.5K | $210K | -1.6% |
4 Bedrooms | $272.3K | $276.5K | +1.6% |
5+ Bedrooms | $295K | $320K | +8.5% |
Summary: Willmar Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Cities
Willmar Township | $215K | $230K | +7.0% |
Willmar | $215K | $230K | +7.0% |
Housing Supply in Willmar Township, MN
How many homes are available in Willmar Township, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 59 | +20.4% |
Summary: The Willmar Township real estate market had 59 homes for sale in April 2024, a 20.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 21 | 23 | +9.5% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Willmar Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Willmar Township in April 2024, up by 15.4% month-over-month. Of the 15 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Willmar Township, MN
How long does it take to sell a home in Willmar Township, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 24 Days | -52.5% |
Summary: Homes in Willmar Township had an average of 24 days on market in Apr 2024, down by 52.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Willmar Township; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.