Mazeppa Township Housing Market Report May 2025Wabasha County, Minnesota

hero building illustration for mobile

Housing Prices in Mazeppa Township, MN

How much do homes in Mazeppa Township, MN cost?

Housing Market Conditions

Is Mazeppa Township, MN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Mazeppa Township is a Seller's Market

Difference Since May 2024

Since last year, Mazeppa Township has remained a Seller's Market.

Insight

Mazeppa Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$325,000$172/SqFt
-$59,000
-15.4%

Based on all homes sold in the last 12 months

Insight

Homes in Mazeppa Township have sold for 15.4% less than they did a year ago.

Summary: The median home sold price in Mazeppa Township was $325,000 in May 2025, down 15.4% from last year, and the median price per square foot was $172.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Mazeppa
-15.4%
Mazeppa Township
-15.4%

Median Sold Price By Bedrooms

Median Sold 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.
BedsMay 2024May 2025Change YoY
1-$365K
N/A
2$385K$270K
-29.9%
3$295K$325K
+10.2%
4$335K$489.9K
+46.2%
5-$205K
N/A

Summary: Mazeppa Township housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -29.9%. The home price for 3 bedroom homes increased by +10.2%. The home price for 4 bedroom homes increased by +46.2%. The home price for 5 bedroom homes did not change.

How does Mazeppa Township, MN compare with other places?

Market comparison tool

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

Mazeppa Township, MN

Housing supply in Mazeppa Township, MN

How many homes are available in Mazeppa 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
10Last MonthMay 2025
52 months agoApr 2025
+100.0 %
Change MoMApr – May

Summary: The Mazeppa Township real estate market had 10 homes for sale in May 2025, a 100.0 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
2Last MonthMay 2025
02 months agoApr 2025
+100.0 %
Change MoMApr – May

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.
BedsApr 2025May 2025Change MoM
111
0.0%
203
+100.0%
323
+50.0%
423
+50.0%
500
0.0%

Summary: Mazeppa Township housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Mazeppa Township, MN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in Mazeppa Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Mazeppa Township in May 2025, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and and 50% were sold over asking.

Days on Market for Mazeppa Township, MN

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Many homes in Mazeppa Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 2 homes were sold in Mazeppa 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.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
123 DaysThis YearMay 2025
193 Days1 year agoMay 2024
-36.3 %
Change YoYMay 2024 – May 2025

Summary: Homes in Mazeppa Township had an average listing age of 123 days in May 2025, down by 36.3% compared to the previous year.

Newest Listings in Mazeppa Township, MN

What homes are available in Mazeppa Township, MN?

Nearby markets

Nearby markets aren't available for Mazeppa Township, MN

MLS Disclaimers and Copyright

Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., for the period 06/01/2023 - 06/01/2025

IDX Broker Reciprocity Copyright © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2025, 12:52:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.