$3,443 Closing Credit*
$289,900
1,337 SqFt
3 Beds
•1 Full Bath
Listing Office: Keller Williams Classic Realty
Is Saint Paul, 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 Paul has remained a Seller's Market.
Key Takeaway
Saint Paul is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Paul, MN
How much do homes in Saint Paul, MN cost?
Median Sold Price
$290,028
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,511(+4.1%)
Key Takeaway
Homes in Saint Paul have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Saint Paul was $290,028 in November 2024, up 4.1% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $155.5K | -2.8% |
| 2 Bedrooms | $237.1K | $240K | +1.2% |
| 3 Bedrooms | $282.8K | $298.6K | +5.6% |
| 4 Bedrooms | $330K | $354.3K | +7.4% |
| 5+ Bedrooms | $404.9K | $400.5K | -1.1% |
Summary: Saint Paul housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 1.1%.
Median Sold Price Compared To Nearby Cities
| Lilydale | $441K | $485K | +10.0% |
| Mendota Heights | $474.2K | $521.5K | +10.0% |
| West Saint Paul | $300K | $315K | +5.0% |
| Saint Paul | $278.5K | $290K | +4.1% |
| Falcon Heights | $409.5K | $400K | -2.3% |
Housing Supply in Saint Paul, MN
How many homes are available in Saint Paul, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 870 | 824 | -5.3% |
Summary: The Saint Paul real estate market had 824 homes for sale in November 2024, a 5.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 84 | 85 | +1.2% |
| 2 Bedrooms | 200 | 198 | -1.0% |
| 3 Bedrooms | 332 | 315 | -5.1% |
| 4 Bedrooms | 176 | 157 | -10.8% |
| 5+ Bedrooms | 78 | 69 | -11.5% |
Summary: The Saint Paul housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 1.2%, 2 bedroom homes decreased by 1%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 11.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 238 | 213 | -10.5% |
Asking Price vs. Sold Price
105 Homes Were Sold
Under Asking
45 Homes Were Sold
At Asking
63 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Paul, you may be able to get a good deal. 49.3% of homes here sold below asking price last month.
Summary: A total of 213 homes were sold or pending in Saint Paul in November 2024, down by 10.5% month-over-month. Of the 213 sold homes, 49% were sold under asking, 21% were sold at asking, and 30% were sold over asking.
Days on Market for Saint Paul, MN
How long does it take to sell a home in Saint Paul, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 36 Days | +25.0% |
Summary: Homes in Saint Paul had an average of 36 days on market in Nov 2024, up by 25% compared to last year.
Breakdown of Home Sale Times
127 Homes Were Sold
Under 30 Days
64 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Paul are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 213 homes were sold in Saint Paul; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
