Is Le Sauk Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Le Sauk Township was a Seller's Market.
Key Takeaway
Le Sauk Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Le Sauk Township, MN
How much do homes in Le Sauk Township, MN cost?
Median Sold Price
$484,950
$201/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Le Sauk Township have sold for 9% more than they did a month ago.
Summary: The median home sold price in Le Sauk Township was $484,950 in May 2024, up 9% from last month, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $699.9K | N/A |
| 3 Bedrooms | $280K | - | N/A |
| 4 Bedrooms | $520K | $270K | -48.1% |
| 5+ Bedrooms | $508.7K | - | N/A |
Summary: Le Sauk Township housing prices by bedroom type for May 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 did not change, 4 bedroom homes decreased by 48.1%, and 5+ bedroom homes did not change.
Housing Supply in Le Sauk Township, MN
How many homes are available in Le Sauk Township, MN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Summary: The Le Sauk Township real estate market had 17 homes for sale in May 2024, a 41.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 4 | 8 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Le Sauk Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Le Sauk Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Le Sauk Township in May 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Le Sauk Township, MN
How long does it take to sell a home in Le Sauk Township, MN?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 72 Days | 67 Days | -6.3% |
Summary: Homes in Le Sauk Township had an average of 67 days on market in May 2024, down by 6.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Le Sauk Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Le Sauk Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
