$4,809 Closing Credit*
$405,000
2,523 SqFt
5 Beds
•1 Full Bath
Listing Office: Kris Lindahl Real Estate
Is Vadnais Heights, 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, 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
$350,000
$195/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Vadnais Heights has remained the same since last year.
Summary: The median home sold price in Vadnais Heights was $350,000 in November 2024, the same as last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $185K | N/A |
| 2 Bedrooms | $247.1K | $245K | -0.9% |
| 3 Bedrooms | $374K | $365K | -2.4% |
| 4 Bedrooms | $451K | $460K | +2.0% |
| 5+ Bedrooms | $539K | $720K | +33.6% |
Summary: Vadnais Heights 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 decreased by 0.9%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 33.6%.
Median Sold Price Compared To Nearby Cities
| North Oaks | $838.5K | $933.6K | +11.3% |
| White Bear Township | $370K | $398.5K | +7.7% |
| White Bear Lake | $336K | $350K | +4.2% |
| Vadnais Heights | $350K | $350K | 0.0% |
Housing Supply in Vadnais Heights, MN
How many homes are available in Vadnais Heights, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 64 | -3.0% |
Summary: The Vadnais Heights real estate market had 64 homes for sale in November 2024, a 3.0% decrease 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 | 23 | 19 | -17.4% |
| 3 Bedrooms | 21 | 23 | +9.5% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Vadnais Heights 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 decreased by 17.4%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 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. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Vadnais Heights in November 2024, the same as the previous month. Of the 16 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 22 Days | -12.9% |
Summary: Homes in Vadnais Heights had an average of 22 days on market in Nov 2024, down by 12.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Vadnais Heights are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in Vadnais Heights; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
