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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Saint Paul is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, West Saint Paul has remained a Seller's Market.

Key Takeaway

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

Housing Prices in West Saint Paul, MN

How much do homes in West Saint Paul, MN cost?

Median Sold Price

$315,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+5.0%)

Key Takeaway

Homes in West Saint Paul have sold for 5% more than they did a year ago.

Summary: The median home sold price in West Saint Paul was $315,000 in November 2024, up 5% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $175K$136K
-22.3%
2 $225K$215K
-4.4%
3 $307K$334.7K
+9.0%
4 $367.5K$384K
+4.5%
5+ $425K$465K
+9.4%

Summary: West Saint Paul housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.3%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 9.4%.

Median Sold Price Compared To Nearby Cities

West Saint Paul
+5.0%
Saint Paul
+4.1%
South Saint Paul
+2.3%
Inver Grove Heights
-0.5%

Housing Supply in West Saint Paul, MN

How many homes are available in West Saint Paul, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7068-2.9%

Summary: The West Saint Paul real estate market had 68 homes for sale in November 2024, a 2.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 31
-66.7%
2 2019
-5.0%
3 2727
0.0%
4 1414
0.0%
5+ 67
+16.7%

Summary: The West Saint Paul housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1514-6.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Saint Paul, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in West Saint Paul in November 2024, down by 6.7% month-over-month. Of the 14 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.

Days on Market for West Saint Paul, MN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days33 Days+29.1%

Summary: Homes in West Saint Paul had an average of 33 days on market in Nov 2024, up by 29.1% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West Saint Paul are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 14 homes were sold in West Saint Paul; 64% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% 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 17 Days Ago

Newest Listings in West Saint Paul, MN

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