$6,293 Closing Credit*
$529,900
2,190 SqFt
5 Beds
•2 Full Baths, 1 Partial
Listing Office: Semler Real Estate, Inc.
Is Saint Francis, 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, Saint Francis was a Neutral Market.
Key Takeaway
Saint Francis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Francis, MN
How much do homes in Saint Francis, MN cost?
Median Sold Price
$358,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,150(+5.3%)
Key Takeaway
Homes in Saint Francis have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Saint Francis was $358,000 in November 2024, up 5.3% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $289.9K | N/A |
| 2 Bedrooms | $280.5K | $297.4K | +6.0% |
| 3 Bedrooms | $338K | $352.5K | +4.3% |
| 4 Bedrooms | $352.5K | $365K | +3.5% |
| 5+ Bedrooms | $418.3K | $458.5K | +9.6% |
Summary: Saint Francis 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 6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Cities
| Oak Grove | $450K | $475K | +5.6% |
| Bethel | $388.1K | $410K | +5.6% |
| Saint Francis | $339.8K | $358K | +5.3% |
Housing Supply in Saint Francis, MN
How many homes are available in Saint Francis, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 36 | +9.1% |
Summary: The Saint Francis real estate market had 36 homes for sale in November 2024, a 9.1% 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 | 4 | 7 | +75.0% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Saint Francis 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 75%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Francis, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Saint Francis in November 2024, up by 28.6% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Saint Francis, MN
How long does it take to sell a home in Saint Francis, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 68 Days | 27 Days | -59.0% |
Summary: Homes in Saint Francis had an average of 27 days on market in Nov 2024, down by 59% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Francis are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Saint Francis; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
