Is West Saint Paul, 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, West Saint Paul has remained a Seller's Market.
Housing Prices in West Saint Paul, MN
How much do homes in West Saint Paul, MN cost?
Median Sold Price
$300,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Saint Paul was $300,000 in April 2024, down 0.3% 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 | $190.5K | $165K | -13.4% |
2 Bedrooms | $217K | $225K | +3.7% |
3 Bedrooms | $300.5K | $324.2K | +7.9% |
4 Bedrooms | $373K | $361.5K | -3.1% |
5+ Bedrooms | $384.4K | $419K | +9.0% |
Summary: West Saint Paul housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.4%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 9%.
Median Sold Price Compared To Nearby Cities
Inver Grove Heights | $330K | $371.4K | +12.6% |
Saint Paul | $275K | $281.2K | +2.3% |
South Saint Paul | $280K | $285K | +1.8% |
West Saint Paul | $301K | $300K | -0.3% |
Housing Supply in West Saint Paul, MN
How many homes are available in West Saint Paul, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 43 | +13.2% |
Summary: The West Saint Paul real estate market had 43 homes for sale in April 2024, a 13.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 12 | 16 | +33.3% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The West Saint Paul housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 13 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in West Saint Paul in April 2024, the same as the previous month. Of the 13 sold homes, 15% were sold under asking, 8% were sold at asking, and 77% were sold over asking.
Days on Market for West Saint Paul, MN
How long does it take to sell a home in West Saint Paul, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 8 Days | -61.4% |
Summary: Homes in West Saint Paul had an average of 8 days on market in Apr 2024, down by 61.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in West Saint Paul; 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.