Is Arden Hills, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Arden Hills was a Seller's Market.
Housing Prices in Arden Hills, MN
How much do homes in Arden Hills, MN cost?
Median Sold Price
$415,500
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Arden Hills was $415,500 in April 2024, up 2.6% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $133.5K | $144.7K | +8.4% |
2 Bedrooms | $240K | $263K | +9.6% |
3 Bedrooms | $394.9K | $332K | -15.9% |
4 Bedrooms | $450K | $545K | +21.1% |
5+ Bedrooms | $667.5K | $662.5K | -0.7% |
Summary: Arden Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes increased by 9.6%, 3 bedroom homes decreased by 15.9%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in Arden Hills, MN
How many homes are available in Arden Hills, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 23 | +53.3% |
Summary: The Arden Hills real estate market had 23 homes for sale in April 2024, a 53.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 6 | 11 | +83.3% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Arden Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 83.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Arden Hills in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Arden Hills, MN
How long does it take to sell a home in Arden Hills, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 30 Days | -27.7% |
Summary: Homes in Arden Hills had an average of 30 days on market in Apr 2024, down by 27.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Arden Hills; 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.