$3,800 Closing Credit*
$320,000
1,242 SqFt
2 Beds
•1 Full Bath
WJ River Rockenstein, Listing Office: Messina & Associates Real Estate
Is Carlton, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Carlton was a Buyer's Market.
Key Takeaway
Carlton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carlton, MN
How much do homes in Carlton, MN cost?
Median Sold Price
$380,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,000(+9.8%)
Key Takeaway
Homes in Carlton have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Carlton was $380,000 in October 2024, up 9.8% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $253K | N/A |
| 2 Bedrooms | $174.4K | $345K | +97.8% |
| 3 Bedrooms | $347.5K | $395K | +13.7% |
| 4 Bedrooms | $397K | $400K | +0.8% |
| 5+ Bedrooms | $425K | $380K | -10.6% |
Summary: Carlton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 97.8%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 10.6%.
Housing Supply in Carlton, MN
How many homes are available in Carlton, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Summary: The Carlton real estate market had 19 homes for sale in October 2024, a 9.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 5 | 1 | -80.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Carlton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 80%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Carlton, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Carlton in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Carlton, MN
How long does it take to sell a home in Carlton, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 27 Days | +0.5% |
Summary: Homes in Carlton had an average of 27 days on market in Oct 2024, up by 0.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carlton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Carlton; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
