$7,113 Closing Credit*
$599,000
2,120 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Elite Real Estate Services
Is Saint Cloud, 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, Saint Cloud has remained a Seller's Market.
Key Takeaway
Saint Cloud is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Cloud, MN
How much do homes in Saint Cloud, MN cost?
Median Sold Price
$241,595
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,603(+2.8%)
Key Takeaway
Homes in Saint Cloud have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Saint Cloud was $241,595 in November 2024, up 2.8% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $105K | -22.2% |
| 2 Bedrooms | $173K | $199.5K | +15.3% |
| 3 Bedrooms | $230K | $223.3K | -2.9% |
| 4 Bedrooms | $255K | $275K | +7.8% |
| 5+ Bedrooms | $293.2K | $329.9K | +12.5% |
Summary: Saint Cloud housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 15.3%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Cities
| Saint Cloud | $234.9K | $241.5K | +2.8% |
| Sauk Rapids | $282.2K | $286.2K | +1.4% |
| Sauk Rapids Township | $282.5K | $286.2K | +1.3% |
| Waite Park | $235K | $232K | -1.3% |
Housing Supply in Saint Cloud, MN
How many homes are available in Saint Cloud, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 276 | 269 | -2.5% |
Summary: The Saint Cloud real estate market had 269 homes for sale in November 2024, a 2.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 37 | 38 | +2.7% |
| 3 Bedrooms | 99 | 94 | -5.1% |
| 4 Bedrooms | 90 | 88 | -2.2% |
| 5+ Bedrooms | 45 | 45 | 0.0% |
Summary: The Saint Cloud housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 62 | -7.5% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Cloud, you could pay more than the asking price. 38.7% of homes here sold above asking price last month.
Summary: A total of 62 homes were sold or pending in Saint Cloud in November 2024, down by 7.5% month-over-month. Of the 62 sold homes, 37% were sold under asking, 24% were sold at asking, and 39% were sold over asking.
Days on Market for Saint Cloud, MN
How long does it take to sell a home in Saint Cloud, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 33 Days | +59.6% |
Summary: Homes in Saint Cloud had an average of 33 days on market in Nov 2024, up by 59.6% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Cloud are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 62 homes were sold in Saint Cloud; 53% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
