Is Young America 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, Young America Township has remained a Seller's Market.
Housing Prices in Young America Township, MN
How much do homes in Young America Township, MN cost?
Median Sold Price
$320,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Young America Township was $320,000 in April 2024, up 7.7% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $234K | $257.4K | +10.0% |
3 Bedrooms | $307K | $306K | -0.3% |
4 Bedrooms | $273K | $388.5K | +42.3% |
5+ Bedrooms | $380K | $485K | +27.6% |
Summary: Young America 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 10%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 42.3%, and 5+ bedroom homes increased by 27.6%.
Median Sold Price Compared To Nearby Cities
Young America Township | $297K | $320K | +7.7% |
Norwood Young America | $275K | $292.2K | +6.3% |
Young America | $297K | $314.9K | +6.1% |
Housing Supply in Young America Township, MN
How many homes are available in Young America Township, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Summary: The Young America Township real estate market had 17 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 5 | 3 | -40.0% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Young America 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 40%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Young America Township in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Young America Township, MN
How long does it take to sell a home in Young America Township, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 5 Days | -91.9% |
Summary: Homes in Young America Township had an average of 5 days on market in Apr 2024, down by 91.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Young America 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.