$3,741 Closing Credit*
$315,000
2,173 SqFt
3 Beds
•1 Full Bath
Listing Office: eXp Realty
Is Brooklyn Center, 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, Brooklyn Center has remained a Seller's Market.
Key Takeaway
Brooklyn Center is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brooklyn Center, MN
How much do homes in Brooklyn Center, MN cost?
Median Sold Price
$290,000
$167/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Brooklyn Center has remained the same since last year.
Summary: The median home sold price in Brooklyn Center was $290,000 in November 2024, the same as last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $124K | $129.9K | +4.8% |
| 2 Bedrooms | $220K | $220.7K | 0.3% |
| 3 Bedrooms | $285.5K | $285K | -0.2% |
| 4 Bedrooms | $310K | $315K | +1.6% |
| 5+ Bedrooms | $345K | $345K | 0.0% |
Summary: Brooklyn Center housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 0.3%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Crystal | $295K | $317K | +7.5% |
| Brooklyn Park | $335K | $340K | +1.5% |
| Brooklyn Center | $290K | $290K | 0.0% |
| Fridley | $315.3K | $315K | -0.1% |
| Robbinsdale | $313K | $310K | -1.0% |
Housing Supply in Brooklyn Center, MN
How many homes are available in Brooklyn Center, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 86 | 84 | -2.3% |
Summary: The Brooklyn Center real estate market had 84 homes for sale in November 2024, a 2.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 17 | +21.4% |
| 3 Bedrooms | 48 | 45 | -6.3% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Brooklyn Center 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 increased by 21.4%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 27 | +12.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brooklyn Center, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Brooklyn Center in November 2024, up by 12.5% month-over-month. Of the 27 sold homes, 44% were sold under asking, 30% were sold at asking, and 26% were sold over asking.
Days on Market for Brooklyn Center, MN
How long does it take to sell a home in Brooklyn Center, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 25 Days | -5.6% |
Summary: Homes in Brooklyn Center had an average of 25 days on market in Nov 2024, down by 5.6% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Brooklyn Center are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in Brooklyn Center; 67% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
