$7,719 Closing Credit*
$649,990
3,312 SqFt
4 Beds
•1 Full Bath
Listing Office: Lennar Sales Corp
Is Osseo, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Osseo was a Seller's Market.
Key Takeaway
Osseo is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Osseo, MN
How much do homes in Osseo, MN cost?
Median Sold Price
$460,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$52,500(-10.2%)
Key Takeaway
Homes in Osseo have sold for 10.2% less than they did a year ago.
Summary: The median home sold price in Osseo was $460,000 in November 2024, down 10.2% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $320K | $385K | +20.3% |
| 3 Bedrooms | $370K | $371.9K | 0.5% |
| 4 Bedrooms | $609.9K | $592K | -3.0% |
| 5+ Bedrooms | $590K | $645K | +9.3% |
Summary: Osseo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.3%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Cities
| Maple Grove | $389.9K | $409.9K | +5.1% |
| Brooklyn Park | $335K | $340K | +1.5% |
| Osseo | $512.5K | $460K | -10.2% |
Housing Supply in Osseo, MN
How many homes are available in Osseo, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 61 | +7.0% |
Summary: The Osseo real estate market had 61 homes for sale in November 2024, a 7.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 32 | 34 | +6.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Osseo housing inventory by bedroom type for November 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 11.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Osseo, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Osseo in November 2024, up by 80.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% were sold over asking.
Days on Market for Osseo, MN
How long does it take to sell a home in Osseo, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 23 Days | -7.4% |
Summary: Homes in Osseo had an average of 23 days on market in Nov 2024, down by 7.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Osseo has remained consistent over time.
Summary: During November 2024, 9 homes were sold in Osseo; 44% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
