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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Saint Paul is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in North Saint Paul, MN

How much do homes in North Saint Paul, MN cost?

Median Sold Price

$310,000

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$15,000(-4.6%)

Key Takeaway

Homes in North Saint Paul have sold for 4.6% less than they did a year ago.

Summary: The median home sold price in North Saint Paul was $310,000 in November 2024, down 4.6% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $194.9K$180K
-7.7%
2 $260.5K$244.7K
-6.0%
3 $315K$305K
-3.2%
4 $359.9K$367.5K
+2.1%
5+ $390K$440K
+12.8%

Summary: North Saint Paul housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.7%, 2 bedroom homes decreased by 6%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 12.8%.

Median Sold Price Compared To Nearby Cities

Maplewood
+1.7%
Oakdale
-1.2%
North Saint Paul
-4.6%

Housing Supply in North Saint Paul, MN

How many homes are available in North Saint Paul, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3431-8.8%

Summary: The North Saint Paul real estate market had 31 homes for sale in November 2024, a 8.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 97
-22.2%
3 1614
-12.5%
4 78
+14.3%
5+ 21
-50.0%

Summary: The North Saint Paul 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 22.2%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 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 Saint Paul, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in North Saint Paul in November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for North Saint Paul, MN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days10 Days-12.5%

Summary: Homes in North Saint Paul had an average of 10 days on market in Nov 2024, down by 12.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in North Saint Paul; 88% of homes were sold within 30 days, 13% 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 18 Days Ago

Newest Listings in North Saint Paul, MN

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