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Richardson Township Housing Market Report February 2025•Morrison County, Minnesota
Housing Prices in Richardson Township, MN
How much do homes in Richardson Township, MN cost?
Housing Market Conditions
Is Richardson Township, MN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Richardson Township is a Seller's Market
Difference Since January 2025
Last month, Richardson Township has remained a Seller's Market.
Insight
Richardson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$255,000$151/SqFt
-$30,000
-10.5%
Based on all homes sold in February 2025
Insight
Homes in Richardson Township have sold for 10.5% less than they did a month ago.
Summary: The median home sold price in Richardson Township was $255,000 in February 2025, down 10.5% from last month, and the median price per square foot was $151.
Median Sold Price By Cities
| City | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| Richardson Township | $285K | $255K | -10.5% |
| Kathio Township | $440K | $260K | -40.9% |
Median Sold Price By Bedrooms
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | $285K | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | - | $255K | N/A |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Richardson 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 did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does Richardson Township, MN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Richardson Township, MN
Housing supply in Richardson Township, MN
How many homes are available in Richardson Township, MN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthFeb 2025 | ||
| 42 months agoJan 2025 | -25.0 % Change MoMJan – Feb |
Summary: The Richardson Township real estate market had 3 homes for sale in Feb 2025, a 25.0 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthFeb 2025 | ||
| 12 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 0 | 0 | 0.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
| 11 Bedroom | 1 | 0 | -100.0% |
| 33 Bedrooms | 2 | 2 | 0.0% |
Summary: Richardson Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 2 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Richardson Township, MN cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price0 Home
Insight
If you're buying a home in Richardson Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Richardson Township in February 2025, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.
Days on Market for Richardson Township, MN
How long does it take to sell a home in Richardson Township, MN?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Richardson Township has remained consistent over time.
Summary: During February 2025, 1 homes were sold in Richardson Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 48 DaysLast MonthFeb 2025 | ||
| 198 Days1 month agoJan 2025 | -75.8 % Change MoMJan – Feb |
Summary: Homes in Richardson Township had an average listing age of 48 days in Feb 2025, down by 75.8% compared to the previous month.
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Newest Listings in Richardson Township, MN
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Nearby markets
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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: 3/13/2025, 5:22:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.