$4,738 Closing Credit*
$399,000
1,563 SqFt
2 Beds
•2 Full Baths, 1 Partial
Listing Office: Real Broker, LLC
Is Lowry Hill East, 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, Lowry Hill East has remained a Buyer's Market.
Key Takeaway
Lowry Hill East is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lowry Hill East, MN
How much do homes in Lowry Hill East, MN cost?
Median Sold Price
$325,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,000(+12.1%)
Key Takeaway
Homes in Lowry Hill East have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in Lowry Hill East was $325,000 in November 2024, up 12.1% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $113.7K | $178K | +56.5% |
| 2 Bedrooms | $339.9K | $330K | -2.9% |
| 3 Bedrooms | $544.9K | $481.1K | -11.7% |
| 4 Bedrooms | $397.4K | $408.7K | +2.9% |
| 5+ Bedrooms | $640K | $630K | -1.6% |
Summary: Lowry Hill East housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.5%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 1.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Lowry Hill East | $290K | $325K | +12.1% |
| Whittier | $176.2K | $169K | -4.1% |
Housing Supply in Lowry Hill East, MN
How many homes are available in Lowry Hill East, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The Lowry Hill East real estate market had 22 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 11 | +22.2% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Lowry Hill East housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lowry Hill East, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lowry Hill East in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Lowry Hill East, MN
How long does it take to sell a home in Lowry Hill East, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 60 Days | 31 Days | -48.3% |
Summary: Homes in Lowry Hill East had an average of 31 days on market in Nov 2024, down by 48.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lowry Hill East has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Lowry Hill East; 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.
