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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crosby is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Crosby has remained a Seller's Market.

Key Takeaway

Crosby is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Crosby, MN

How much do homes in Crosby, MN cost?

Median Sold Price

$229,750

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,750(+4.4%)

Key Takeaway

Homes in Crosby have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Crosby was $229,750 in November 2024, up 4.4% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $68K$165K
+142.6%
2 $205K$195K
-4.9%
3 $194K$234.4K
+20.8%
4 $299.9K$255K
-15.0%
5+ $732.5K$470.7K
-35.7%

Summary: Crosby housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 142.6%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 20.8%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes decreased by 35.7%.

Housing Supply in Crosby, MN

How many homes are available in Crosby, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1920+5.3%

Summary: The Crosby real estate market had 20 homes for sale in November 2024, a 5.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 65
-16.7%
3 74
-42.9%
4 59
+80.0%
5+ 00
0.0%

Summary: The Crosby housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
660.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crosby, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Crosby in November 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Crosby, MN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days39 Days+686.7%

Summary: Homes in Crosby had an average of 39 days on market in Nov 2024, up by 686.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were 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 Crosby has remained consistent over time.

Summary: During November 2024, 6 homes were sold in Crosby; 33% of homes were sold within 30 days, 67% 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

Newest Listings in Crosby, MN

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