$2,838 Closing Credit*
$239,000
1,408 SqFt
3 Beds
•1 Full Bath
Tiss Underdahl, Listing Office: Overman Co Realtors
Is East Hillside, 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 Hillside has remained a Seller's Market.
Key Takeaway
East Hillside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Hillside, MN
How much do homes in East Hillside, MN cost?
Median Sold Price
$205,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$11,000(-5.1%)
Key Takeaway
Homes in East Hillside have sold for 5.1% less than they did a year ago.
Summary: The median home sold price in East Hillside was $205,000 in November 2024, down 5.1% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $151K | N/A |
| 2 Bedrooms | $220K | $217.7K | -1.0% |
| 3 Bedrooms | $194K | $193K | -0.5% |
| 4 Bedrooms | - | $225.5K | N/A |
| 5+ Bedrooms | $320K | $190.5K | -40.5% |
Summary: East Hillside housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 40.5%.
Housing Supply in East Hillside, MN
How many homes are available in East Hillside, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 26 | +4.0% |
Summary: The East Hillside real estate market had 26 homes for sale in November 2024, a 4.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 11 | 16 | +45.5% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Hillside housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 45.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Hillside, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in East Hillside in November 2024, up by 120.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.
Days on Market for East Hillside, MN
How long does it take to sell a home in East Hillside, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 15 Days | -13.6% |
Summary: Homes in East Hillside had an average of 15 days on market in Nov 2024, down by 13.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Hillside are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in East Hillside; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
