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

Housing Market Conditions



Gauge showing Blaine is a seller'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



Based on all homes sold in the last 12 months.

Difference Since May 2022


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
2 $265.6K$270.5K
3 $335.5K$350K
4 $385.8K$445K
5+ $535K$550K

Median Sold Price Compared To Nearby Cities

Circle Pines
Coon Rapids

How many homes are available in Blaine, MN?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

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

Number of Homes Sold

Apr 2023May 2023%

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.

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.