$2,730 Closing Credit*
$229,900
1,540 SqFt
3 Beds
•1 Full Bath
Listing Office: RE/MAX Results
Is East Hillside, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$8,000(-3.8%)
Key Takeaway
Homes in East Hillside have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in East Hillside was $205,000 in October 2024, down 3.8% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $151K | N/A |
| 2 Bedrooms | $220K | $205.2K | -6.7% |
| 3 Bedrooms | $209.9K | $195K | -7.1% |
| 4 Bedrooms | - | $211.5K | N/A |
| 5+ Bedrooms | $320K | $190.5K | -40.5% |
Summary: East Hillside housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 7.1%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 26 | +30.0% |
Summary: The East Hillside real estate market had 26 homes for sale in October 2024, a 30.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 7 | +133.3% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Hillside 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 increased by 133.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Hillside, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in East Hillside in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 13 Days | -74.4% |
Summary: Homes in East Hillside had an average of 13 days on market in Oct 2024, down by 74.4% compared to last year.
Breakdown of Home Sale Times
4 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 October 2024, 5 homes were sold in East Hillside; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
