$60,000
Land
Listing Office: RE/MAX Results
Is North End, 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, 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
$247,966
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,966(+10.2%)
Key Takeaway
Homes in North End have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in North End was $247,966 in November 2024, up 10.2% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $137.4K | -5.2% |
| 2 Bedrooms | $185.5K | $199.9K | +7.8% |
| 3 Bedrooms | $240K | $250K | +4.2% |
| 4 Bedrooms | $251.5K | $300K | +19.3% |
| 5+ Bedrooms | $270.9K | $298.5K | +10.2% |
Summary: North End housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Neighborhoods
| North End | $225K | $247.9K | +10.2% |
| Payne-Phalen | $242.8K | $250K | +3.0% |
| Frogtown / Thomas-Dale | $237K | $235K | -0.8% |
| Como (Saint Paul) | $339.9K | $335K | -1.4% |
Housing Supply in North End, MN
How many homes are available in North End, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 63 | +5.0% |
Summary: The North End real estate market had 63 homes for sale in November 2024, a 5.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 18 | 18 | 0.0% |
| 3 Bedrooms | 28 | 32 | +14.3% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The North End 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 12 | -45.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North End, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in North End in November 2024, down by 45.5% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 33 Days | +20.4% |
Summary: Homes in North End had an average of 33 days on market in Nov 2024, up by 20.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North End are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in North End; 58% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
