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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blaine is a seller's market

Buyer's
Market

Difference Since May 2022

Since last year, Blaine has remained a Seller's Market.

Key Takeaway

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

How much do homes in Blaine, MN cost?

Median Sold Price

$366,611

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$24,937(+7.3%)

Key Takeaway

Homes in Blaine have sold for 7.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $242.4K$598.5K
+146.9%
2 $265.6K$270.5K
+1.8%
3 $335.5K$350K
+4.3%
4 $385.8K$445K
+15.3%
5+ $535K$550K
+2.8%

Median Sold Price Compared To Nearby Cities

Blaine
+7.3%
Shoreview
+5.8%
Circle Pines
+4.7%
Coon Rapids
+2.0%

How many homes are available in Blaine, MN?

Number of Homes For Sale

Apr 2023May 2023%
304328+7.9%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
0.0%
2 3535
0.0%
3 148160
+8.1%
4 8792
+5.7%
5+ 3441
+20.6%

Number of Homes Sold

Apr 2023May 2023%
8965-27.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

31 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blaine, you could pay more than the asking price. 47.7% of homes here sold above asking price last month.

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

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

Average Sale Time

May 2022May 2023%
13 Days30 Days+128.9%

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

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2 bedrooms, 1 full bath townhouse for sale

Coming Soon

$225,000

$3,206 Closing Credit

2

1

1,443 SqFt

404 Pleasure Creek Dr, Blaine MN, 55434

Listing Office:

EXIT Realty Nexus

#6312006

MLS logo
4 bedrooms, 1 full bath house for sale

Coming Soon

$325,000

$4,631 Closing Credit

4

1

2,136 SqFt

4948 105th Ln NE, Circle Pines MN, 55014

Listing Office:

Keller Williams Classic Realty

#6365529

MLS logo
3 bedrooms, 1 full bath, 1 partial townhouse for sale

$342,990

$4,888 Closing Credit

3

1 Full, 1 Partial

1,687 SqFt

3095 125th Ln NE Unit E, Blaine MN, 55449

Listing Office:

D.R. Horton, Inc.

#6380933

MLS logo
3 bedrooms, 1 full bath, 1 partial townhouse for sale

$345,490

$4,923 Closing Credit

3

1 Full, 1 Partial

1,687 SqFt

3095 125th Ln NE Unit B, Blaine MN, 55449

Listing Office:

D.R. Horton, Inc.

#6380366

MLS logo
4 bedrooms, 2 full baths, 1 partial house for sale

Coming Soon

$479,900

$6,839 Closing Credit

4

2 Full, 1 Partial

2,692 SqFt

12101 Coral Sea St NE, Blaine MN, 55449

Listing Office:

Bridge Realty, LLC

#6379681

MLS logo
4 bedrooms, 1 full bath, 1 partial house for sale

$429,980

$6,127 Closing Credit

4

1 Full, 1 Partial

1,989 SqFt

12660 Erskin St NE, Blaine MN, 55449

Listing Office:

D.R. Horton, Inc.

#6380780

MLS logo
2 bedrooms, 1 full bath townhouse for sale

$215,000

$3,064 Closing Credit

2

1

1,103 SqFt

9989 Fillmore St NE, Blaine MN, 55434

Listing Office:

Compass

#6379228

MLS logo
4 bedrooms, 1 full bath, 1 partial house for sale

$498,000

$7,097 Closing Credit

4

1 Full, 1 Partial

2,265 SqFt

12679 Marmon St NE, Blaine MN, 55449

Listing Office:

Pulte Homes Of Minnesota, LLC

#6380720

MLS logo
3 bedrooms, 1 full bath, 1 partial house for sale

Coming Soon

$379,900

$5,414 Closing Credit

3

1 Full, 1 Partial

2,040 SqFt

12562 Hastings St NE, Blaine MN, 55449

Listing Office:

RE/MAX Professionals

#6380658

MLS logo
4 bedrooms, 2 full baths townhouse for sale

Coming Soon

$550,000

$7,838 Closing Credit

4

2

3,516 SqFt

11047 Amen Ct NE, Blaine MN, 55449

Listing Office:

Empire Realty LLC

#6380456

MLS logo
4 bedrooms, 2 full baths, 1 partial house for sale

$430,000

$6,128 Closing Credit

4

2 Full, 1 Partial

2,709 SqFt

11958 Eldorado St NE, Blaine MN, 55449

Listing Office:

Realty Group LLC

#6375519

MLS logo
6 bedrooms, 2 full baths, 1 partial house for sale

$869,900

$10,000 Closing Credit

6

2 Full, 1 Partial

4,605 SqFt

13151 Coral Sea Ct NE, Blaine MN, 55449

Listing Office:

RE/MAX Results

#6380052

MLS logo

What housing markets are near Blaine, MN?

About Blaine, MN

Number of homes for sale in Blaine, MN real estate market have reached 328. The number of listings in Blaine, MN increased by 7.9% between April 2023 and May 2023. In May 2023, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $366,611. Real estate listing prices changed between April 2023 and May 2023: the cost of 1 bedroom properties went up by 146.9%, prices of 2 bedrooms properties went up by 1.8%, prices of 3 bedrooms properties went up by 4.3%, prices of 4 bedrooms properties went up by 15.3%, 5 bedrooms properties prices increased by 2.8%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes have not changed, volume of 3 bedrooms homes went up by 8.1%, 4 bedrooms homes became 5.7% more available, 5 bedrooms homes inventory increased by 20.6%. Over 31 listings were sold over their listed price in May 2023 in Blaine, MN. In the same period over 19 listings were sold below the listed price and 15 listings were sold for the listed price.

MLS Disclaimers and Copyright

Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., and Wisconsin Real Estate Exchange for the period 06/01/2021 - 06/01/2023

Broker Reciprocity Copyright © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2023, 9:22:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

© 2023 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2023, 9:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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