$5,402 Closing Credit*
$454,900
2,426 SqFt
4 Beds
•1 Full Bath
Listing Office: Realty WRX
Is Anoka, 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, Anoka has remained a Seller's Market.
Key Takeaway
Anoka is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Anoka, MN
How much do homes in Anoka, MN cost?
Median Sold Price
$359,994
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,680(-1.3%)
Key Takeaway
Homes in Anoka have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Anoka was $359,994 in November 2024, down 1.3% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $200K | N/A |
| 2 Bedrooms | $260.9K | $259K | -0.7% |
| 3 Bedrooms | $344.8K | $324.4K | -5.9% |
| 4 Bedrooms | $395K | $387K | -2.0% |
| 5+ Bedrooms | $449.9K | $454.9K | +1.1% |
Summary: Anoka housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Cities
| Andover | $439.7K | $450.8K | +2.5% |
| Ramsey | $379.5K | $382K | +0.7% |
| Coon Rapids | $322.9K | $325K | +0.6% |
| Anoka | $364.6K | $359.9K | -1.3% |
Housing Supply in Anoka, MN
How many homes are available in Anoka, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 235 | 244 | +3.8% |
Summary: The Anoka real estate market had 244 homes for sale in November 2024, a 3.8% increase 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 | 33 | 28 | -15.2% |
| 3 Bedrooms | 80 | 87 | +8.8% |
| 4 Bedrooms | 73 | 80 | +9.6% |
| 5+ Bedrooms | 49 | 49 | 0.0% |
Summary: The Anoka 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 decreased by 15.2%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 53 | +6.0% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Anoka, you may be able to get a good deal. 43.4% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in Anoka in November 2024, up by 6.0% month-over-month. Of the 53 sold homes, 43% were sold under asking, 25% were sold at asking, and 32% were sold over asking.
Days on Market for Anoka, MN
How long does it take to sell a home in Anoka, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 42 Days | +5.4% |
Summary: Homes in Anoka had an average of 42 days on market in Nov 2024, up by 5.4% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Anoka are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 53 homes were sold in Anoka; 53% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
