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 2 Days Ago

Newest Listings in Claremont, MN

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