$2,611 Closing Credit*
$219,900
1,092 SqFt
4 Beds
•2 Full Baths
Listing Office: RE/MAX Advantage Plus
Is Oakdale, 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, Oakdale has remained a Seller's Market.
Key Takeaway
Oakdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oakdale, MN
How much do homes in Oakdale, MN cost?
Median Sold Price
$340,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$3,990(-1.2%)
Key Takeaway
Homes in Oakdale have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in Oakdale was $340,000 in November 2024, down 1.2% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $230K | +64.3% |
| 2 Bedrooms | $250K | $240K | -4.0% |
| 3 Bedrooms | $349K | $330K | -5.4% |
| 4 Bedrooms | $403.5K | $426K | +5.6% |
| 5+ Bedrooms | $405K | $475K | +17.3% |
Summary: Oakdale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.3%, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 17.3%.
Median Sold Price Compared To Nearby Cities
| Lake Elmo | $644.9K | $675K | +4.7% |
| Oakdale | $343.9K | $340K | -1.2% |
| North Saint Paul | $325K | $310K | -4.6% |
Housing Supply in Oakdale, MN
How many homes are available in Oakdale, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 91 | 101 | +11.0% |
Summary: The Oakdale real estate market had 101 homes for sale in November 2024, a 11.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 24 | 27 | +12.5% |
| 3 Bedrooms | 29 | 35 | +20.7% |
| 4 Bedrooms | 33 | 35 | +6.1% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Oakdale 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 increased by 12.5%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oakdale, you could pay more than the asking price. 44% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Oakdale in November 2024, down by 7.4% month-over-month. Of the 25 sold homes, 28% were sold under asking, 28% were sold at asking, and 44% were sold over asking.
Days on Market for Oakdale, MN
How long does it take to sell a home in Oakdale, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 27 Days | -13.7% |
Summary: Homes in Oakdale had an average of 27 days on market in Nov 2024, down by 13.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Oakdale are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in Oakdale; 64% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
