$4,036 Closing Credit*
$339,900
1,480 SqFt
3 Beds
•1 Full Bath
Listing Office: Saber Realty LLC
Is 55314, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 55314 has remained a Seller's Market.
Key Takeaway
55314 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 55314, MN
How much do homes in 55314, MN cost?
Median Sold Price
$212,500
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$82,500(+63.5%)
Key Takeaway
Homes in 55314 have sold for 63.5% more than they did a year ago.
Summary: The median home sold price in 55314 was $212,500 in November 2024, up 63.5% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $39.5K | $210K | +431.6% |
| 2 Bedrooms | $112K | $165.5K | +47.8% |
| 3 Bedrooms | $170K | $188.7K | +11.0% |
| 4 Bedrooms | $175K | $362.7K | +107.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: 55314 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 431.6%, 2 bedroom homes increased by 47.8%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 107.3%, and 5+ bedroom homes did not change.
Housing Supply in 55314, MN
How many homes are available in 55314, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The 55314 real estate market had 8 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 55314 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 55314, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 55314 in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 55314, MN
How long does it take to sell a home in 55314, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 51 Days | -2.8% |
Summary: Homes in 55314 had an average of 51 days on market in Nov 2024, down by 2.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 55314 has remained consistent over time.
Summary: During November 2024, 2 homes were sold in 55314; 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.
