$9,500 Closing Credit*
$800,000
2,248 SqFt
4 Beds
•1 Full Bath, 1 Partial
Listing Office: eXp Realty
Is Circle Pines, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Circle Pines has remained a Seller's Market.
Key Takeaway
Circle Pines is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Circle Pines, MN
How much do homes in Circle Pines, MN cost?
Median Sold Price
$365,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+4.3%)
Key Takeaway
Homes in Circle Pines have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Circle Pines was $365,000 in October 2024, up 4.3% 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 | - | - | N/A |
| 2 Bedrooms | $260K | $262.2K | +0.9% |
| 3 Bedrooms | $325K | $343K | +5.5% |
| 4 Bedrooms | $400K | $405.5K | +1.4% |
| 5+ Bedrooms | $475K | $429.9K | -9.5% |
Summary: Circle Pines 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 0.9%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 9.5%.
Median Sold Price Compared To Nearby Cities
| Lino Lakes | $419.6K | $450K | +7.2% |
| Circle Pines | $350K | $365K | +4.3% |
| Blaine | $368.8K | $382.1K | +3.6% |
Housing Supply in Circle Pines, MN
How many homes are available in Circle Pines, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 | 77 | +4.1% |
Summary: The Circle Pines real estate market had 77 homes for sale in October 2024, a 4.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 14 | +75.0% |
| 3 Bedrooms | 35 | 36 | +2.9% |
| 4 Bedrooms | 20 | 16 | -20.0% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Circle Pines 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 75%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 27 | +22.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Circle Pines, 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 Circle Pines in October 2024, up by 22.7% month-over-month. Of the 27 sold homes, 44% were sold under asking, 26% were sold at asking, and 30% were sold over asking.
Days on Market for Circle Pines, MN
How long does it take to sell a home in Circle Pines, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 40 Days | +187.0% |
Summary: Homes in Circle Pines had an average of 40 days on market in Oct 2024, up by 187% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Circle Pines are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in Circle Pines; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
