$3,919 Closing Credit*
$330,000
1,416 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Exit Realty Nexus
Is Lauderdale, 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, Lauderdale was a Seller's Market.
Key Takeaway
Lauderdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lauderdale, MN
How much do homes in Lauderdale, MN cost?
Median Sold Price
$221,250
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$53,750(-19.5%)
Key Takeaway
Homes in Lauderdale have sold for 19.5% less than they did a year ago.
Summary: The median home sold price in Lauderdale was $221,250 in November 2024, down 19.5% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $148.7K | $156.5K | +5.2% |
| 2 Bedrooms | $190K | $189K | -0.5% |
| 3 Bedrooms | $295.5K | $287K | -2.9% |
| 4 Bedrooms | $290K | $317.5K | +9.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Lauderdale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Roseville | $340K | $360K | +5.9% |
| Falcon Heights | $409.5K | $400K | -2.3% |
| Lauderdale | $275K | $221.2K | -19.5% |
Housing Supply in Lauderdale, MN
How many homes are available in Lauderdale, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Lauderdale real estate market had 8 homes for sale in November 2024, a 14.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lauderdale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lauderdale, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Lauderdale in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lauderdale, MN
How long does it take to sell a home in Lauderdale, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 14 Days | -22.2% |
Summary: Homes in Lauderdale had an average of 14 days on market in Nov 2024, down by 22.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lauderdale are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Lauderdale; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
