$4,452 Closing Credit*
$374,900
1,758 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Keller Williams Premier Realty Lake Minnetonka
Is Carver County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Carver County was a Seller's Market.
Key Takeaway
Carver County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Carver County, MN
How much do homes in Carver County, MN cost?
Median Sold Price
$450,604
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,733(+4.3%)
Key Takeaway
Homes in Carver County have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Carver County was $450,604 in November 2024, up 4.3% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $202.5K | +12.5% |
| 2 Bedrooms | $275K | $283.2K | +3.0% |
| 3 Bedrooms | $379.9K | $389.8K | +2.6% |
| 4 Bedrooms | $500.7K | $499.5K | -0.2% |
| 5+ Bedrooms | $649.9K | $665.6K | +2.4% |
Summary: Carver County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Counties
| Carver County | $431.8K | $450.6K | +4.3% |
| Hennepin County | $372.7K | $381.4K | +2.3% |
| Sibley County | $220K | $225K | +2.3% |
| Scott County | $408.7K | $414.1K | +1.3% |
| Wright County | $373.9K | $375K | 0.3% |
Housing Supply in Carver County, MN
How many homes are available in Carver County, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 599 | 587 | -2.0% |
Summary: The Carver County real estate market had 587 homes for sale in November 2024, a 2.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 85 | 74 | -12.9% |
| 3 Bedrooms | 206 | 203 | -1.5% |
| 4 Bedrooms | 181 | 174 | -3.9% |
| 5+ Bedrooms | 120 | 128 | +6.7% |
Summary: The Carver County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 12.9%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 142 | 81 | -43.0% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carver County, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.
Summary: A total of 81 homes were sold or pending in Carver County in November 2024, down by 43.0% month-over-month. Of the 81 sold homes, 46% were sold under asking, 33% were sold at asking, and 21% were sold over asking.
Days on Market for Carver County, MN
How long does it take to sell a home in Carver County, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 43 Days | +40.2% |
Summary: Homes in Carver County had an average of 43 days on market in Nov 2024, up by 40.2% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carver County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 81 homes were sold in Carver County; 48% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
