$4,274 Closing Credit*
$359,900
2,460 SqFt
3 Beds
•1 Full Bath
Listing Office: Coldwell Banker Realty
Is Manor Park, 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, Manor Park has remained a Seller's Market.
Key Takeaway
Manor Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Manor Park, MN
How much do homes in Manor Park, MN cost?
Median Sold Price
$317,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,050(-1.3%)
Key Takeaway
Homes in Manor Park have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Manor Park was $317,000 in November 2024, down 1.3% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $189.9K | $254.9K | +34.2% |
| 3 Bedrooms | $305K | $305K | 0.0% |
| 4 Bedrooms | $340K | $330K | -2.9% |
| 5+ Bedrooms | $406K | $417.5K | +2.8% |
Summary: Manor Park 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 increased by 34.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 2.8%.
Housing Supply in Manor Park, MN
How many homes are available in Manor Park, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 21 | -22.2% |
Summary: The Manor Park real estate market had 21 homes for sale in November 2024, a 22.2% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 11 | 8 | -27.3% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Manor Park 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 50%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Manor Park, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Manor Park in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 13% were sold under asking, 50% were sold at asking, and 38% were sold over asking.
Days on Market for Manor Park, MN
How long does it take to sell a home in Manor Park, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 40 Days | +21.2% |
Summary: Homes in Manor Park had an average of 40 days on market in Nov 2024, up by 21.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Manor Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Manor Park; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
