Is Claremont, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Claremont is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Claremont was a Seller's Market.

Key Takeaway

Claremont is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Claremont, MN

How much do homes in Claremont, MN cost?

Median Sold Price

$223,750

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$51,200(-18.6%)

Key Takeaway

Homes in Claremont have sold for 18.6% less than they did a year ago.

Summary: The median home sold price in Claremont was $223,750 in October 2024, down 18.6% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $200K$140K
-30.0%
3 $299.9K$201.2K
-32.9%
4 $186.8K$323.5K
+73.2%
5+ $387.4K$360K
-7.1%

Summary: Claremont 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 decreased by 30%, 3 bedroom homes decreased by 32.9%, 4 bedroom homes increased by 73.2%, and 5+ bedroom homes decreased by 7.1%.

Median Sold Price Compared To Nearby Cities

Claremont
-18.6%
Claremont Township
-21.6%

Housing Supply in Claremont, MN

How many homes are available in Claremont, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
56+20.0%

Summary: The Claremont real estate market had 6 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 12
+100.0%
5+ 11
0.0%

Summary: The Claremont 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Claremont, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Claremont in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Claremont, MN

How long does it take to sell a home in Claremont, MN?

Average Sale Time

Oct 2023Oct 2024CHANGE
64 Days44 Days-31.3%

Summary: Homes in Claremont had an average of 44 days on market in Oct 2024, down by 31.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Claremont has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Claremont; 0% of homes were sold within 30 days, 100% 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 20 Days Ago

Newest Listings in Claremont, MN

Nearby Markets to Claremont, MN