Coming soon
$4,155 Closing Credit¹
#6677242, Listing Office: Premier Real Estate Services
Paynesville Township Housing Market Report February 2025•Stearns County, Minnesota
Housing Prices in Paynesville Township, MN
How much do homes in Paynesville Township, MN cost?
Housing Market Conditions
Is Paynesville Township, MN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Paynesville Township is a Buyer's Market
Difference Since January 2025
Last month, Paynesville Township was a Seller's Market.
Insight
Paynesville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$215,000$136/SqFt
-$49,700
-18.8%
Based on all homes sold in February 2025
Insight
Homes in Paynesville Township have sold for 18.8% less than they did a month ago.
Summary: The median home sold price in Paynesville Township was $215,000 in February 2025, down 18.8% from last month, and the median price per square foot was $136.
Median Sold Price By Cities
| City | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| Munson Township | $462.5K | $525K | +13.5% |
| Paynesville | $264.7K | $215K | -18.8% |
| Paynesville Township | $264.7K | $215K | -18.8% |
Median Sold Price By Bedrooms
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $265.4K | $180K | -32.2% |
| 33 Bedrooms | $261.2K | $228.7K | -12.4% |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | $289.2K | - | N/A |
Summary: Paynesville Township housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -32.2%. The home price for 3 bedroom homes decreased by -12.4%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Paynesville Township, MN
How many homes are available in Paynesville Township, MN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 27Last MonthFeb 2025 | ||
| 222 months agoJan 2025 | +22.7 % Change MoMJan – Feb |
Summary: The Paynesville Township real estate market had 27 homes for sale in Feb 2025, a 22.7 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthFeb 2025 | ||
| 62 months agoJan 2025 | -50.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 3 | 4 | +33.3% |
| 33 Bedrooms | 13 | 15 | +15.4% |
| 44 Bedrooms | 2 | 4 | +100.0% |
| 55+ Bedrooms | 4 | 3 | -25.0% |
Summary: Paynesville Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes increased by +15.4%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in Paynesville Township, MN cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Paynesville Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Paynesville Township in February 2025, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and and 0% were sold over asking.
Days on Market for Paynesville Township, MN
How long does it take to sell a home in Paynesville Township, MN?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days1 Home
Insight
Many homes in Paynesville Township are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 3 homes were sold in Paynesville Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 55 DaysLast MonthFeb 2025 | ||
| 76 Days1 month agoJan 2025 | -27.6 % Change MoMJan – Feb |
Summary: Homes in Paynesville Township had an average listing age of 55 days in Feb 2025, down by 27.6% compared to the previous month.
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Newest Listings in Paynesville Township, MN
What homes are available in Paynesville Township, MN?
New - 3 days on Rocket
$3,858 Closing Credit¹
#6677833, Listing Office: Chestnut Realty Inc
New - 4 days on Rocket
$3,312 Closing Credit¹
#6676733, Listing Office: LPT Realty, LLC
$3,027 Closing Credit¹
#6674738, Listing Office: Clearwater Realty, Inc
$4,097 Closing Credit¹
#6674205, Listing Office: Central MN Realty LLC
$7,421 Closing Credit¹
#6673600, Listing Office: Central MN Realty LLC
$3,266 Closing Credit¹
#6671369, Listing Office: Edina Realty, Inc.
#6670649, Listing Office: Patrick Flanders Realty, Inc
#6670614, Listing Office: Patrick Flanders Realty, Inc
$1,959 Closing Credit¹
#6659855, Listing Office: Edina Realty, Inc.
$3,561 Closing Credit¹
#6656529, Listing Office: Riverwood Realty
$3,478 Closing Credit¹
#6655179, Listing Office: LPT Realty, LLC
Nearby markets
Nearby markets aren't available for Paynesville Township, MN
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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., for the period 01/01/2025 - 03/01/2025
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Last updated on: 3/3/2025, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.