Is Bryn-Mawr, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bryn-Mawr is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Bryn-Mawr was a Seller's Market.

Key Takeaway

Bryn-Mawr is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bryn-Mawr, MN

How much do homes in Bryn-Mawr, MN cost?

Median Sold Price

$509,000

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$41,000(-7.5%)

Key Takeaway

Homes in Bryn-Mawr have sold for 7.5% less than they did a year ago.

Summary: The median home sold price in Bryn-Mawr was $509,000 in December 2024, down 7.5% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $390K$370K
-5.1%
3 $530K$472.7K
-10.8%
4 $940K$720.2K
-23.4%
5+ $730K$1.3M
+82.9%

Summary: Bryn-Mawr housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes decreased by 23.4%, and 5+ bedroom homes increased by 82.9%.

Median Sold Price Compared To Nearby Neighborhoods

Kenwood
+2.2%
Bryn-Mawr
-7.5%

Housing Supply in Bryn-Mawr, MN

How many homes are available in Bryn-Mawr, MN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1310-23.1%

Summary: The Bryn-Mawr real estate market had 10 homes for sale in December 2024, a 23.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 65
-16.7%
4 31
-66.7%
5+ 11
0.0%

Summary: The Bryn-Mawr housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bryn-Mawr, 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 Bryn-Mawr in December 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Bryn-Mawr, MN

How long does it take to sell a home in Bryn-Mawr, MN?

Average Sale Time

Dec 2023Dec 2024CHANGE
41 Days10 Days-75.6%

Summary: Homes in Bryn-Mawr had an average of 10 days on market in Dec 2024, down by 75.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bryn-Mawr are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in Bryn-Mawr; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

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