$3,266 Closing Credit*
$275,000
1,365 SqFt
2 Beds
•1 Full Bath
Listing Office: Edina Realty, Inc.
Is Robbinsdale, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Robbinsdale has remained a Seller's Market.
Key Takeaway
Robbinsdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Robbinsdale, MN
How much do homes in Robbinsdale, MN cost?
Median Sold Price
$313,650
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,650(+1.2%)
Key Takeaway
Homes in Robbinsdale have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Robbinsdale was $313,650 in October 2024, up 1.2% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $59.4K | N/A |
| 2 Bedrooms | $244.5K | $259K | +5.9% |
| 3 Bedrooms | $305.7K | $313K | +2.4% |
| 4 Bedrooms | $382.5K | $333.3K | -12.9% |
| 5+ Bedrooms | $350K | $380K | +8.6% |
Summary: Robbinsdale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Cities
| Crystal | $297.6K | $315K | +5.8% |
| Minneapolis | $337.8K | $349.8K | +3.6% |
| Robbinsdale | $310K | $313.6K | +1.2% |
| Brooklyn Center | $290K | $290K | 0.0% |
Housing Supply in Robbinsdale, MN
How many homes are available in Robbinsdale, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 63 | +14.5% |
Summary: The Robbinsdale real estate market had 63 homes for sale in October 2024, a 14.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 12 | 10 | -16.7% |
| 3 Bedrooms | 24 | 31 | +29.2% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Robbinsdale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 29.2%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Robbinsdale, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Robbinsdale in October 2024, up by 21.4% month-over-month. Of the 17 sold homes, 47% were sold under asking, 18% were sold at asking, and 35% were sold over asking.
Days on Market for Robbinsdale, MN
How long does it take to sell a home in Robbinsdale, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 34 Days | +41.6% |
Summary: Homes in Robbinsdale had an average of 34 days on market in Oct 2024, up by 41.6% compared to last year.
Breakdown of Home Sale Times
10 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 Robbinsdale are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Robbinsdale; 59% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
