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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint James is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Saint James has remained a Seller's Market.

Key Takeaway

Saint James is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Saint James, MN

How much do homes in Saint James, MN cost?

Median Sold Price

$134,500

$91/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$37,000(-21.6%)

Key Takeaway

Homes in Saint James have sold for 21.6% less than they did a month ago.

Summary: The median home sold price in Saint James was $134,500 in October 2024, down 21.6% from last month, and the median price per square foot was $91.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$134.5K
N/A
3 $171.5K-
N/A
4 --
N/A
5+ --
N/A

Summary: Saint James housing prices by bedroom type for October 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.

Housing Supply in Saint James, MN

How many homes are available in Saint James, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
109-10.0%

Summary: The Saint James real estate market had 9 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 31
-66.7%
4 23
+50.0%
5+ 11
0.0%

Summary: The Saint James housing inventory by bedroom type for October 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 66.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint James, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Saint James in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Saint James, MN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
43 Days45 Days+4.6%

Summary: Homes in Saint James had an average of 45 days on market in Oct 2024, up by 4.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Saint James has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Saint James; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Saint James, MN

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