Is Northeast Saint Louis, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast Saint Louis is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Northeast Saint Louis has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Northeast Saint Louis, MN

How much do homes in Northeast Saint Louis, MN cost?

Median Sold Price

$991,250

$624/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$103,750(-9.5%)

Key Takeaway

Homes in Northeast Saint Louis have sold for 9.5% less than they did a month ago.

Summary: The median home sold price in Northeast Saint Louis was $991,250 in October 2024, down 9.5% from last month, and the median price per square foot was $624.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$435K
N/A
3 $265K$1.5M
+484.0%
4 $1.9M-
N/A
5+ --
N/A

Summary: Northeast Saint Louis housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 484%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Portage Township
+10.0%
Northeast Saint Louis
-9.5%
Breitung Township
-68.8%
Eagles Nest Township
-70.0%

Housing Supply in Northeast Saint Louis, MN

How many homes are available in Northeast Saint Louis, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
75-28.6%

Summary: The Northeast Saint Louis real estate market had 5 homes for sale in October 2024, a 28.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 21
-50.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Northeast Saint Louis 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 decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast Saint Louis, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Northeast Saint Louis in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Northeast Saint Louis, MN

How long does it take to sell a home in Northeast Saint Louis, MN?

Average Sale Time

Sep 2024Oct 2024CHANGE
65 Days20 Days-69.5%

Summary: Homes in Northeast Saint Louis had an average of 20 days on market in Oct 2024, down by 69.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Northeast Saint Louis are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Northeast Saint Louis; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in Northeast Saint Louis, MN

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