$5,874 Closing Credit*
$494,660
2,271 SqFt
4 Beds
•1 Full Bath, 1 Partial
Listing Office: Lennar Sales Corp
Is Greenfield, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Greenfield was a Buyer's Market.
Key Takeaway
Greenfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greenfield, MN
How much do homes in Greenfield, MN cost?
Median Sold Price
$772,500
$243/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$219,500(+39.7%)
Key Takeaway
Homes in Greenfield have sold for 39.7% more than they did a month ago.
Summary: The median home sold price in Greenfield was $772,500 in October 2024, up 39.7% from last month, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $629K | N/A |
| 4 Bedrooms | $553K | $750K | +35.6% |
| 5+ Bedrooms | - | $965.4K | N/A |
Summary: Greenfield housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 35.6%, and 5+ bedroom homes did not change.
Housing Supply in Greenfield, MN
How many homes are available in Greenfield, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 20 | +81.8% |
Summary: The Greenfield real estate market had 20 homes for sale in October 2024, a 81.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 4 | 8 | +100.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Greenfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Greenfield, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Greenfield in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Greenfield, MN
How long does it take to sell a home in Greenfield, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 Days | 22 Days | -60.0% |
Summary: Homes in Greenfield had an average of 22 days on market in Oct 2024, down by 60% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Greenfield are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Greenfield; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
