$5,213 Closing Credit*
$439,000
2,300 SqFt
4 Beds
•1 Full Bath
Listing Office: Keller Williams Premier 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 November 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
$360,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,700(+2.8%)
Key Takeaway
Homes in Circle Pines have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Circle Pines was $360,000 in November 2024, up 2.8% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $260K | $269K | +3.5% |
| 3 Bedrooms | $325K | $340K | +4.6% |
| 4 Bedrooms | $400K | $413.5K | +3.4% |
| 5+ Bedrooms | $465K | $434.9K | -6.5% |
Summary: Circle Pines housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Lino Lakes | $419.5K | $450K | +7.3% |
| Circle Pines | $350.3K | $360K | +2.8% |
| Blaine | $373.5K | $380K | +1.8% |
Housing Supply in Circle Pines, MN
How many homes are available in Circle Pines, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 64 | -16.9% |
Summary: The Circle Pines real estate market had 64 homes for sale in November 2024, a 16.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 12 | -20.0% |
| 3 Bedrooms | 32 | 23 | -28.1% |
| 4 Bedrooms | 20 | 23 | +15.0% |
| 5+ Bedrooms | 10 | 6 | -40.0% |
Summary: The Circle Pines 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 decreased by 20%, 3 bedroom homes decreased by 28.1%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 18 | -35.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 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. 55.6% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Circle Pines in November 2024, down by 35.7% month-over-month. Of the 18 sold homes, 56% were sold under asking, 17% were sold at asking, and 28% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 56 Days | +300.6% |
Summary: Homes in Circle Pines had an average of 56 days on market in Nov 2024, up by 300.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Circle Pines has remained consistent over time.
Summary: During November 2024, 18 homes were sold in Circle Pines; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
