New - 7 hours on Rocket
$5,105 Closing Credit¹
Listing Office: Premier Real Estate Services
Ripley Township Housing Market Report December 2024•Morrison County, Minnesota
Housing Prices in Ripley Township, MN
How much do homes in Ripley Township, MN cost?
Housing Market Conditions
Is Ripley Township, MN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Ripley Township is a Seller's Market
Difference Since November 2024
Last month, Ripley Township has remained a Seller's Market.
Insight
Ripley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$1,575,000$881/SqFt
+$1,300,000
+472.7%
Based on all homes sold in December 2024
Insight
Homes in Ripley Township have sold for 472.7% more than they did a month ago.
Summary: The median home sold price in Ripley Township was $1,575,000 in December 2024, up 472.7% from last month, and the median price per square foot was $881.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Ripley Township | $275K | $1.5M | +472.7% |
| Fort Ripley | $285.5K | $500K | +75.1% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $275K | - | N/A |
| 33 Bedrooms | - | - | N/A |
| 44 Bedrooms | - | $1.5M | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Ripley Township housing price by bedroom type for December 2024, 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.
Housing supply in Ripley Township, MN
How many homes are available in Ripley Township, MN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthDec 2024 | ||
| 32 months agoNov 2024 | +33.3 % Change MoMNov – Dec |
Summary: The Ripley Township real estate market had 4 homes for sale in Dec 2024, a 33.3 % increase compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthDec 2024 | ||
| 12 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 1 | -50.0% |
| 33 Bedrooms | 0 | 0 | 0.0% |
| 44 Bedrooms | 1 | 2 | +100.0% |
| 55+ Bedrooms | 0 | 1 | +100.0% |
Summary: Ripley Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Ripley Township, MN cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price0 Home
Insight
If you're buying a home in Ripley Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Ripley Township in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.
Days on Market for Ripley Township, MN
How long does it take to sell a home in Ripley Township, MN?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Ripley Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Ripley Township; 100% of homes were sold within 30 days, 0% 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 |
|---|---|---|
| 0 DaysLast MonthDec 2024 | ||
| 54 Days1 month agoNov 2024 | -100.0 % Change MoMNov – Dec |
Summary: Homes in Ripley Township had an average listing age of 0 days in Dec 2024, down by 100.0% compared to the previous month.
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Newest Listings in Ripley Township, MN
What homes are available in Ripley Township, MN?
New - 7 days on Rocket
Listing Office: Keller Williams Realty Professionals
$4,274 Closing Credit¹
Listing Office: Positive Realty
Listing Office: Edina Realty, Inc.
$8,016 Closing Credit¹
Listing Office: Edina Realty, Inc.
$5,047 Closing Credit¹
Listing Office: Keller Williams Classic Realty
Nearby markets
Nearby markets aren't available for Ripley Township, MN
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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., for the period 11/01/2024 - 01/01/2025
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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.
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Last updated on: 1/30/2025, 4:22:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.