Gorman Township Housing Market Report March 2025Otter Tail County, Minnesota

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Housing Prices in Gorman Township, MN

How much do homes in Gorman Township, MN cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$549,900$147/SqFt
+$25,000
+4.8%

Based on all homes listed in March 2025

Insight

The list price of homes in Gorman Township has increased by 4.8% since February.

Summary: The median home list price in Gorman Township was $549,900 in March 2025, up 4.8% from the previous month, and the median price per square foot was $147.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2025Mar 2025Change MoM
1--
N/A
2--
N/A
3--
N/A
4$524.9K$549.9K
+4.8%
5--
N/A

Summary: Gorman Township housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +4.8%. The home price for 5 bedroom homes did not change.

How does Gorman Township, MN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Gorman Township, MN

Housing supply in Gorman Township, MN

How many homes are available in Gorman Township, MN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1Last MonthMar 2025
22 months agoFeb 2025
-50.0 %
Change MoMFeb – Mar

Summary: The Gorman Township real estate market had 1 homes for sale in Mar 2025, a 50.0 % decrease compared to Feb 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
200
0.0%
300
0.0%
421
-50.0%
500
0.0%

Summary: Gorman Township housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for Gorman Township, MN

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

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
215 DaysLast MonthMar 2025
242 Days1 month agoFeb 2025
-11.2 %
Change MoMFeb – Mar

Summary: Homes in Gorman Township had an average listing age of 215 days in Mar 2025, down by 11.2% compared to the previous month.

Newest Listings in Gorman Township, MN

What homes are available in Gorman Township, MN?

Nearby markets

Nearby markets aren't available for Gorman Township, MN

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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., for the period 02/01/2025 - 04/01/2025

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/13/2025, 12:52:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.