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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Charles is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Saint Charles was a Seller's Market.

Key Takeaway

Saint Charles 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 Saint Charles, MN

How much do homes in Saint Charles, MN cost?

Median Sold Price

$300,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,500(+13.4%)

Key Takeaway

Homes in Saint Charles have sold for 13.4% more than they did a year ago.

Summary: The median home sold price in Saint Charles was $300,000 in November 2024, up 13.4% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $217.4K$219.5K
+0.9%
3 $250K$232.9K
-6.8%
4 $323K$315K
-2.5%
5+ $440K$440K
0.0%

Summary: Saint Charles 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 0.9%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes did not change.

Housing Supply in Saint Charles, MN

How many homes are available in Saint Charles, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2025+25.0%

Summary: The Saint Charles real estate market had 25 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 78
+14.3%
4 810
+25.0%
5+ 11
0.0%

Summary: The Saint Charles 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 increased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Charles, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Saint Charles in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Saint Charles, MN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days65 Days+95.0%

Summary: Homes in Saint Charles had an average of 65 days on market in Nov 2024, up by 95% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saint Charles are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Saint Charles; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 2 Days Ago

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