Is North End, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North End is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, North End has remained a Seller's Market.

Key Takeaway

North End is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North End, MN

How much do homes in North End, MN cost?

Median Sold Price

$249,350

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,350(+10.3%)

Key Takeaway

Homes in North End have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in North End was $249,350 in October 2024, up 10.3% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $145K$137.4K
-5.2%
2 $185.5K$204.1K
+10.1%
3 $241K$250K
+3.7%
4 $256.5K$300K
+17.0%
5+ $259.9K$298.5K
+14.9%

Summary: North End housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 14.9%.

Median Sold Price Compared To Nearby Neighborhoods

North End
+10.3%
Payne-Phalen
+3.1%
Frogtown / Thomas-Dale
+1.6%
Como (Saint Paul)
-2.1%

Housing Supply in North End, MN

How many homes are available in North End, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5765+14.0%

Summary: The North End real estate market had 65 homes for sale in October 2024, a 14.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1818
0.0%
3 2532
+28.0%
4 911
+22.2%
5+ 43
-25.0%

Summary: The North End housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 28%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1419+35.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North End, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in North End in October 2024, up by 35.7% month-over-month. Of the 19 sold homes, 47% were sold under asking, 21% were sold at asking, and 32% were sold over asking.

Days on Market for North End, MN

How long does it take to sell a home in North End, MN?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days26 Days+30.3%

Summary: Homes in North End had an average of 26 days on market in Oct 2024, up by 30.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North End are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 19 homes were sold in North End; 68% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in North End, MN

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