$4,097 Closing Credit*
$345,000
1,918 SqFt
3 Beds
•1 Full Bath
Listing Office: eXp Realty
Is West Side, 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, West Side has remained a Seller's Market.
Key Takeaway
West Side is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Side, MN
How much do homes in West Side, MN cost?
Median Sold Price
$263,500
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,050(+3.2%)
Key Takeaway
Homes in West Side have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in West Side was $263,500 in October 2024, up 3.2% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155.9K | $196.5K | +26.0% |
| 2 Bedrooms | $210.5K | $222.7K | +5.8% |
| 3 Bedrooms | $256.8K | $261K | +1.6% |
| 4 Bedrooms | $290K | $300K | +3.4% |
| 5+ Bedrooms | $280K | $302K | +7.9% |
Summary: West Side housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 7.9%.
Median Sold Price Compared To Nearby Neighborhoods
| West Seventh | $285K | $300K | +5.3% |
| West Side | $255.4K | $263.5K | +3.2% |
| Downtown Saint Paul | $195K | $200K | +2.6% |
| Sunray-Battle Creek-Highwood | $285K | $292.2K | +2.5% |
| Dayton's Bluff | $236.9K | $237.5K | 0.3% |
Housing Supply in West Side, MN
How many homes are available in West Side, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 42 | +10.5% |
Summary: The West Side real estate market had 42 homes for sale in October 2024, a 10.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 20 | 24 | +20.0% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The West Side 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 50%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Side, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in West Side in October 2024, up by 57.1% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for West Side, MN
How long does it take to sell a home in West Side, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 43 Days | +105.2% |
Summary: Homes in West Side had an average of 43 days on market in Oct 2024, up by 105.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in West Side are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in West Side; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
