$6,888 Closing Credit*
$580,000
2,680 SqFt
4 Beds
•2 Full Baths, 2 Partial
Listing Office: Keller Williams Integrity Realty
Is Vadnais Heights, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Vadnais Heights has remained a Seller's Market.
Key Takeaway
Vadnais Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vadnais Heights, MN
How much do homes in Vadnais Heights, MN cost?
Median Sold Price
$340,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,500(-2.2%)
Key Takeaway
Homes in Vadnais Heights have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in Vadnais Heights was $340,000 in October 2024, down 2.2% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $185K | N/A |
| 2 Bedrooms | $249.5K | $240K | -3.8% |
| 3 Bedrooms | $365K | $365K | 0.0% |
| 4 Bedrooms | $436.1K | $455K | +4.3% |
| 5+ Bedrooms | $539K | $675K | +25.2% |
Summary: Vadnais Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 25.2%.
Median Sold Price Compared To Nearby Cities
| White Bear Township | $370K | $397K | +7.3% |
| White Bear Lake | $335K | $350K | +4.5% |
| North Oaks | $885K | $897.2K | +1.4% |
| Vadnais Heights | $347.5K | $340K | -2.2% |
Housing Supply in Vadnais Heights, MN
How many homes are available in Vadnais Heights, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 73 | +30.4% |
Summary: The Vadnais Heights real estate market had 73 homes for sale in October 2024, a 30.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 25 | +38.9% |
| 3 Bedrooms | 20 | 24 | +20.0% |
| 4 Bedrooms | 9 | 15 | +66.7% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Vadnais Heights 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 increased by 38.9%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vadnais Heights, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Vadnais Heights in October 2024, up by 36.4% month-over-month. Of the 15 sold homes, 53% were sold under asking, 20% were sold at asking, and 27% were sold over asking.
Days on Market for Vadnais Heights, MN
How long does it take to sell a home in Vadnais Heights, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 36 Days | -3.3% |
Summary: Homes in Vadnais Heights had an average of 36 days on market in Oct 2024, down by 3.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Vadnais Heights are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Vadnais Heights; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
