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 October 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

$229,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,000(+6.5%)

Key Takeaway

Homes in Crosby have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Crosby was $229,000 in October 2024, up 6.5% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $68K$165K
+142.6%
2 $220K$195K
-11.4%
3 $180K$237.4K
+31.9%
4 $249.9K$280K
+12.0%
5+ $732.5K$470.7K
-35.7%

Summary: Crosby housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 142.6%, 2 bedroom homes decreased by 11.4%, 3 bedroom homes increased by 31.9%, 4 bedroom homes increased by 12%, 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

Sep 2024Oct 2024CHANGE
22220.0%

Summary: The Crosby real estate market had 22 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 77
0.0%
4 78
+14.3%
5+ 00
0.0%

Summary: The Crosby 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 decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crosby, 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 Crosby in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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

Oct 2023Oct 2024CHANGE
23 Days30 Days+31.7%

Summary: Homes in Crosby had an average of 30 days on market in Oct 2024, up by 31.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Crosby are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Crosby; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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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