Is Como (Saint Paul), MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Como (Saint Paul) is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Como (Saint Paul) has remained a Seller's Market.

Key Takeaway

Como (Saint Paul) is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Como (Saint Paul), MN

How much do homes in Como (Saint Paul), MN cost?

Median Sold Price

$335,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$4,900(-1.4%)

Key Takeaway

Homes in Como (Saint Paul) have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Como (Saint Paul) was $335,000 in November 2024, down 1.4% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $160K$140.5K
-12.2%
2 $274.9K$280K
+1.9%
3 $347.5K$340K
-2.2%
4 $367.4K$385K
+4.8%
5+ $511K$401K
-21.5%

Summary: Como (Saint Paul) housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.2%, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 21.5%.

Median Sold Price Compared To Nearby Neighborhoods

North End
+10.2%
Frogtown / Thomas-Dale
-0.8%
Como (Saint Paul)
-1.4%

Housing Supply in Como (Saint Paul), MN

How many homes are available in Como (Saint Paul), MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3332-3.0%

Summary: The Como (Saint Paul) real estate market had 32 homes for sale in November 2024, a 3.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 55
0.0%
3 1920
+5.3%
4 75
-28.6%
5+ 11
0.0%

Summary: The Como (Saint Paul) 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 remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Como (Saint Paul), you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Como (Saint Paul) in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.

Days on Market for Como (Saint Paul), MN

How long does it take to sell a home in Como (Saint Paul), MN?

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days11 Days-50.9%

Summary: Homes in Como (Saint Paul) had an average of 11 days on market in Nov 2024, down by 50.9% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Como (Saint Paul) are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Como (Saint Paul); 100% of homes were sold within 30 days, 0% 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 17 Days Ago

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