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 October 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

$397,000

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,000(+7.3%)

Key Takeaway

Homes in White Bear Township have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in White Bear Township was $397,000 in October 2024, up 7.3% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $196K-
N/A
2 $259K$277K
+6.9%
3 $363.7K$415K
+14.1%
4 $400K$400K
0.0%
5+ $505K$634.9K
+25.7%

Summary: White Bear Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 14.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 25.7%.

Median Sold Price Compared To Nearby Cities

White Bear Township
+7.3%
White Bear Lake
+4.5%

Housing Supply in White Bear Township, MN

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
47470.0%

Summary: The White Bear Township real estate market had 47 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1213
+8.3%
3 2021
+5.0%
4 97
-22.2%
5+ 66
0.0%

Summary: The White Bear Township 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 8.3%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

5 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 White Bear Township, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in White Bear Township in October 2024, down by 7.7% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% 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

Oct 2023Oct 2024CHANGE
16 Days31 Days+87.1%

Summary: Homes in White Bear Township had an average of 31 days on market in Oct 2024, up by 87.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

6 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 October 2024, 12 homes were sold in White Bear Township; 50% of homes were sold within 30 days, 50% 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?