$10,000 Closing Credit*
$1,569,000
4,013 SqFt
5 Beds
•2 Full Baths, 1 Partial
Listing Office: Bridge Realty, LLC
Is Pamela Park, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Pamela Park was a Neutral Market.
Key Takeaway
Pamela Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pamela Park, MN
How much do homes in Pamela Park, MN cost?
Median Sold Price
$575,000
$250/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$75,200(+15.0%)
Key Takeaway
Homes in Pamela Park have sold for 15% more than they did a month ago.
Summary: The median home sold price in Pamela Park was $575,000 in November 2024, up 15% from last month, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $449.8K | - | N/A |
| 4 Bedrooms | $875K | - | N/A |
| 5+ Bedrooms | - | $575K | N/A |
Summary: Pamela Park housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Pamela Park | $499.8K | $575K | +15.0% |
| Strachauer Park | $603.7K | $675K | +11.8% |
Housing Supply in Pamela Park, MN
How many homes are available in Pamela Park, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Summary: The Pamela Park real estate market had 17 homes for sale in November 2024, a 5.6% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Pamela Park 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pamela Park, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Pamela Park in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Pamela Park, MN
How long does it take to sell a home in Pamela Park, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 117 Days | 84 Days | -28.6% |
Summary: Homes in Pamela Park had an average of 84 days on market in Nov 2024, down by 28.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pamela Park has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Pamela Park; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
