$4,749 Closing Credit*
$399,900
1,432 SqFt
3 Beds
•1 Full Bath
Listing Office: Semler Real Estate, Inc.
Is East Bethel, 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, East Bethel has remained a Seller's Market.
Key Takeaway
East Bethel is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Bethel, MN
How much do homes in East Bethel, MN cost?
Median Sold Price
$418,750
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,750(+9.3%)
Key Takeaway
Homes in East Bethel have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in East Bethel was $418,750 in November 2024, up 9.3% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | $244.7K | -5.9% |
| 2 Bedrooms | $323K | $315.9K | -2.2% |
| 3 Bedrooms | $355.5K | $410K | +15.3% |
| 4 Bedrooms | $425K | $455.5K | +7.2% |
| 5+ Bedrooms | $475.5K | $460K | -3.3% |
Summary: East Bethel housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.9%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes decreased by 3.3%.
Housing Supply in East Bethel, MN
How many homes are available in East Bethel, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 47 | -16.1% |
Summary: The East Bethel real estate market had 47 homes for sale in November 2024, a 16.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 24 | 25 | +4.2% |
| 4 Bedrooms | 16 | 11 | -31.3% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The East Bethel housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 37.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 8 | -65.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Bethel, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in East Bethel in November 2024, down by 65.2% month-over-month. Of the 8 sold homes, 13% were sold under asking, 13% were sold at asking, and 75% were sold over asking.
Days on Market for East Bethel, MN
How long does it take to sell a home in East Bethel, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 43 Days | +121.3% |
Summary: Homes in East Bethel had an average of 43 days on market in Nov 2024, up by 121.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Bethel are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in East Bethel; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
