Is Columbia Heights, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Columbia Heights has remained a Seller's Market.
Housing Prices in Columbia Heights, MN
How much do homes in Columbia Heights, MN cost?
Median Sold Price
$284,666
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Columbia Heights was $284,666 in April 2024, down 2.2% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $152.2K | $164.9K | +8.3% |
2 Bedrooms | $205K | $239.9K | +17.0% |
3 Bedrooms | $285K | $288.2K | +1.1% |
4 Bedrooms | $328.5K | $324.9K | -1.1% |
5+ Bedrooms | $350K | $359.5K | +2.7% |
Summary: Columbia Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Cities
Saint Anthony | $367.5K | $382.5K | +4.1% |
Fridley | $308K | $315K | +2.3% |
New Brighton | $363K | $370K | +1.9% |
Columbia Heights | $291K | $284.6K | -2.2% |
Housing Supply in Columbia Heights, MN
How many homes are available in Columbia Heights, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 69 | +1.5% |
Summary: The Columbia Heights real estate market had 69 homes for sale in April 2024, a 1.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 17 | +13.3% |
3 Bedrooms | 34 | 32 | -5.9% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Columbia Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 25 | -7.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Columbia Heights in April 2024, down by 7.4% month-over-month. Of the 25 sold homes, 28% were sold under asking, 32% were sold at asking, and 40% were sold over asking.
Days on Market for Columbia Heights, MN
How long does it take to sell a home in Columbia Heights, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 18 Days | +35.1% |
Summary: Homes in Columbia Heights had an average of 18 days on market in Apr 2024, up by 35.1% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Columbia Heights; 88% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.