$9,369 Closing Credit*
$789,000
3,572 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Weekley Homes, LLC
Is Maple Grove, 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, Maple Grove has remained a Seller's Market.
Key Takeaway
Maple Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maple Grove, MN
How much do homes in Maple Grove, MN cost?
Median Sold Price
$409,986
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,997(+5.1%)
Key Takeaway
Homes in Maple Grove have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Maple Grove was $409,986 in November 2024, up 5.1% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $269.9K | +5.9% |
| 2 Bedrooms | $280K | $285K | +1.8% |
| 3 Bedrooms | $360K | $362K | +0.6% |
| 4 Bedrooms | $479.7K | $483.5K | +0.8% |
| 5+ Bedrooms | $706K | $680K | -3.7% |
Summary: Maple Grove housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 3.7%.
Median Sold Price Compared To Nearby Cities
| Corcoran | $563.7K | $596.4K | +5.8% |
| Maple Grove | $389.9K | $409.9K | +5.1% |
| Brooklyn Park | $335K | $340K | +1.5% |
| Champlin | $365.5K | $364.9K | -0.2% |
| Osseo | $512.5K | $460K | -10.2% |
Housing Supply in Maple Grove, MN
How many homes are available in Maple Grove, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 397 | 393 | -1.0% |
Summary: The Maple Grove real estate market had 393 homes for sale in November 2024, a 1.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 73 | 67 | -8.2% |
| 3 Bedrooms | 121 | 133 | +9.9% |
| 4 Bedrooms | 128 | 117 | -8.6% |
| 5+ Bedrooms | 75 | 75 | 0.0% |
Summary: The Maple Grove 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 decreased by 8.2%, 3 bedroom homes increased by 9.9%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 101 | 78 | -22.8% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maple Grove, you may be able to get a good deal. 39.7% of homes here sold below asking price last month.
Summary: A total of 78 homes were sold or pending in Maple Grove in November 2024, down by 22.8% month-over-month. Of the 78 sold homes, 40% were sold under asking, 26% were sold at asking, and 35% were sold over asking.
Days on Market for Maple Grove, MN
How long does it take to sell a home in Maple Grove, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 27 Days | +2.9% |
Summary: Homes in Maple Grove had an average of 27 days on market in Nov 2024, up by 2.9% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Maple Grove are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 78 homes were sold in Maple Grove; 64% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
