Is Greenfield, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Greenfield was a Seller's Market.
Housing Prices in Greenfield, MN
How much do homes in Greenfield, MN cost?
Median Sold Price
$1,000,000
$154/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Greenfield was $1,000,000 in May 2024, up 94.2% from last month, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | - | N/A |
4 Bedrooms | $547.5K | $1.0M | +82.6% |
5+ Bedrooms | $515K | - | N/A |
Summary: Greenfield housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 82.6%, and 5+ bedroom homes did not change.
Housing Supply in Greenfield, MN
How many homes are available in Greenfield, MN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 19 | +46.2% |
Summary: The Greenfield real estate market had 19 homes for sale in May 2024, a 46.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 1 | 3 | +200.0% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Greenfield housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Greenfield in May 2024, down by 66.7% 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 Greenfield, MN
How long does it take to sell a home in Greenfield, MN?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
71 Days | 9 Days | -87.3% |
Summary: Homes in Greenfield had an average of 9 days on market in May 2024, down by 87.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Greenfield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.