$2,363 Closing Credit*
$199,000
2,250 SqFt
4 Beds
•1 Full Bath, 1 Partial
Listing Office: Strong Realty
Is Wheaton, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Wheaton was a Seller's Market.
Key Takeaway
Wheaton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wheaton, MN
How much do homes in Wheaton, MN cost?
Median Sold Price
$92,500
$49/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,250(+9.8%)
Key Takeaway
Homes in Wheaton have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Wheaton was $92,500 in November 2024, up 9.8% from last year, and the median price per square foot was $49.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $71K | $62K | -12.7% |
| 3 Bedrooms | $55K | $72.9K | +32.5% |
| 4 Bedrooms | $157K | $123.5K | -21.3% |
| 5+ Bedrooms | $199.9K | $475K | +137.6% |
Summary: Wheaton 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 12.7%, 3 bedroom homes increased by 32.5%, 4 bedroom homes decreased by 21.3%, and 5+ bedroom homes increased by 137.6%.
Housing Supply in Wheaton, MN
How many homes are available in Wheaton, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Wheaton real estate market had 12 homes for sale in November 2024, a 7.7% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Wheaton 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wheaton, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Wheaton in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Wheaton, MN
How long does it take to sell a home in Wheaton, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 87 Days | 31 Days | -64.4% |
Summary: Homes in Wheaton had an average of 31 days on market in Nov 2024, down by 64.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wheaton has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Wheaton; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
