Is White Bear Township, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Bear Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, White Bear Township has remained a Seller's Market.

Key Takeaway

White Bear Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in White Bear Township, MN

How much do homes in White Bear Township, MN cost?

Median Sold Price

$398,500

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,500(+7.7%)

Key Takeaway

Homes in White Bear Township have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in White Bear Township was $398,500 in November 2024, up 7.7% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $196K-
N/A
2 $257.2K$260K
+1.1%
3 $365K$406K
+11.2%
4 $400K$402.5K
+0.6%
5+ $505K$749.9K
+48.5%

Summary: White Bear Township 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 increased by 1.1%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 48.5%.

Median Sold Price Compared To Nearby Cities

White Bear Township
+7.7%
White Bear Lake
+4.2%

Housing Supply in White Bear Township, MN

How many homes are available in White Bear Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4341-4.7%

Summary: The White Bear Township real estate market had 41 homes for sale in November 2024, a 4.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1116
+45.5%
3 1914
-26.3%
4 76
-14.3%
5+ 65
-16.7%

Summary: The White Bear Township 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 increased by 45.5%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
149-35.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Bear Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in White Bear Township in November 2024, down by 35.7% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.

Days on Market for White Bear Township, MN

How long does it take to sell a home in White Bear Township, MN?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days21 Days-39.6%

Summary: Homes in White Bear Township had an average of 21 days on market in Nov 2024, down by 39.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in White Bear Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in White Bear Township; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in White Bear Township, MN

Nearby Markets to White Bear Township, MN

What housing markets are near White Bear Township, MN?