$3,563 Closing Credit*
$300,000
1,851 SqFt
3 Beds
•1 Full Bath
Listing Office: Kris Lindahl Real Estate
Is Columbia Heights, 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, Columbia Heights has remained a Seller's Market.
Key Takeaway
Columbia Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Columbia Heights, MN
How much do homes in Columbia Heights, MN cost?
Median Sold Price
$290,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+1.8%)
Key Takeaway
Homes in Columbia Heights have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Columbia Heights was $290,000 in November 2024, up 1.8% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $186.2K | $145K | -22.1% |
| 2 Bedrooms | $230K | $245K | +6.5% |
| 3 Bedrooms | $290K | $300K | +3.4% |
| 4 Bedrooms | $321.5K | $320K | -0.5% |
| 5+ Bedrooms | $369K | $350K | -5.1% |
Summary: Columbia Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.1%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 5.1%.
Median Sold Price Compared To Nearby Cities
| New Brighton | $365K | $385K | +5.5% |
| Columbia Heights | $285K | $290K | +1.8% |
| Fridley | $315.3K | $315K | -0.1% |
| Saint Anthony | $384K | $316K | -17.7% |
Housing Supply in Columbia Heights, MN
How many homes are available in Columbia Heights, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 82 | 82 | 0.0% |
Summary: The Columbia Heights real estate market had 82 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 15 | 13 | -13.3% |
| 3 Bedrooms | 42 | 42 | 0.0% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Columbia Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 22 | +69.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Columbia Heights, you could pay more than the asking price. 40.9% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in Columbia Heights in November 2024, up by 69.2% month-over-month. Of the 22 sold homes, 36% were sold under asking, 23% were sold at asking, and 41% were sold over asking.
Days on Market for Columbia Heights, MN
How long does it take to sell a home in Columbia Heights, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 23 Days | -5.8% |
Summary: Homes in Columbia Heights had an average of 23 days on market in Nov 2024, down by 5.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Columbia Heights are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 22 homes were sold in Columbia Heights; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
