Is Whittier, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whittier is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Whittier was a Neutral Market.

Key Takeaway

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

Housing Prices in Whittier, MN

How much do homes in Whittier, MN cost?

Median Sold Price

$169,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$7,250(-4.1%)

Key Takeaway

Homes in Whittier have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in Whittier was $169,000 in November 2024, down 4.1% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $115K$124.5K
+8.3%
2 $182.5K$184K
+0.8%
3 $323.7K$351.5K
+8.6%
4 $406.6K$537.5K
+32.2%
5+ $489K$589K
+20.4%

Summary: Whittier housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 32.2%, and 5+ bedroom homes increased by 20.4%.

Median Sold Price Compared To Nearby Neighborhoods

Lowry Hill East
+12.1%
Whittier
-4.1%

Housing Supply in Whittier, MN

How many homes are available in Whittier, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3240+25.0%

Summary: The Whittier real estate market had 40 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1821
+16.7%
2 912
+33.3%
3 34
+33.3%
4 11
0.0%
5+ 12
+100.0%

Summary: The Whittier housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whittier, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Whittier in November 2024, up by 600.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Whittier, MN

How long does it take to sell a home in Whittier, MN?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days51 Days+82.0%

Summary: Homes in Whittier had an average of 51 days on market in Nov 2024, up by 82% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Whittier; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 22 Days Ago

Newest Listings in Whittier, MN

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