$6,139 Closing Credit*
$517,000
2,802 SqFt
5 Beds
•2 Full Baths, 1 Partial
Listing Office: Inspire Access Realty, LLC
Is Maplewood, 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, Maplewood has remained a Seller's Market.
Key Takeaway
Maplewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maplewood, MN
How much do homes in Maplewood, MN cost?
Median Sold Price
$330,555
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,588(+1.7%)
Key Takeaway
Homes in Maplewood have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Maplewood was $330,555 in November 2024, up 1.7% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $148.5K | $143K | -3.7% |
| 2 Bedrooms | $270.1K | $250K | -7.4% |
| 3 Bedrooms | $315K | $322K | +2.2% |
| 4 Bedrooms | $422.5K | $388.9K | -8.0% |
| 5+ Bedrooms | $430K | $439.9K | +2.3% |
Summary: Maplewood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 2.3%.
Median Sold Price Compared To Nearby Cities
| Little Canada | $325K | $350K | +7.7% |
| Maplewood | $324.9K | $330.5K | +1.7% |
| Vadnais Heights | $350K | $350K | 0.0% |
| Oakdale | $343.9K | $340K | -1.2% |
| North Saint Paul | $325K | $310K | -4.6% |
Housing Supply in Maplewood, MN
How many homes are available in Maplewood, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 132 | 119 | -9.8% |
Summary: The Maplewood real estate market had 119 homes for sale in November 2024, a 9.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 27 | 27 | 0.0% |
| 3 Bedrooms | 65 | 52 | -20.0% |
| 4 Bedrooms | 29 | 30 | +3.4% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Maplewood 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 30 | -30.2% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maplewood, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Maplewood in November 2024, down by 30.2% month-over-month. Of the 30 sold homes, 53% were sold under asking, 17% were sold at asking, and 30% were sold over asking.
Days on Market for Maplewood, MN
How long does it take to sell a home in Maplewood, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 37 Days | +46.7% |
Summary: Homes in Maplewood had an average of 37 days on market in Nov 2024, up by 46.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Maplewood are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 30 homes were sold in Maplewood; 57% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
