$2,730 Closing Credit*
$229,900
1,592 SqFt
3 Beds
•1 Full Bath
Listing Office: RE/MAX Results
Is Jordan, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Jordan was a Seller's Market.
Key Takeaway
Jordan is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Jordan, MN
How much do homes in Jordan, MN cost?
Median Sold Price
$217,500
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$500(+0.2%)
Key Takeaway
The sold price of homes in Jordan has remained the same since last year.
Summary: The median home sold price in Jordan was $217,500 in November 2024, up 0.2% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $175K | $164.9K | -5.7% |
| 3 Bedrooms | $218.7K | $222.6K | +1.8% |
| 4 Bedrooms | $225.5K | $232.5K | +3.1% |
| 5+ Bedrooms | $228.2K | $239.9K | +5.1% |
Summary: Jordan 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 5.7%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Willard-Hay | $223.4K | $242K | +8.3% |
| Jordan | $217K | $217.5K | 0.2% |
| Forest Heights | $229.9K | $221K | -3.9% |
| Highland Park | $247.4K | $215K | -13.1% |
Housing Supply in Jordan, MN
How many homes are available in Jordan, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 29 | -17.1% |
Summary: The Jordan real estate market had 29 homes for sale in November 2024, a 17.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 6 | -40.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jordan housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jordan, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Jordan in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Jordan, MN
How long does it take to sell a home in Jordan, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 44 Days | +3.5% |
Summary: Homes in Jordan had an average of 44 days on market in Nov 2024, up by 3.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jordan has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Jordan; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
