Is Carlton, 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, Carlton has remained a Seller's Market.
Key Takeaway
Carlton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carlton, MN
How much do homes in Carlton, MN cost?
Median Sold Price
$325,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Carlton have sold for 18.4% more than they did a year ago.
Summary: The median home sold price in Carlton was $325,000 in April 2024, up 18.4% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $137K | -31.5% |
| 2 Bedrooms | $179.9K | $190K | +5.6% |
| 3 Bedrooms | $400K | $367.5K | -8.1% |
| 4 Bedrooms | $367.5K | $370K | +0.7% |
| 5+ Bedrooms | - | $547K | N/A |
Summary: Carlton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.5%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes did not change.
Housing Supply in Carlton, MN
How many homes are available in Carlton, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Carlton real estate market had 14 homes for sale in April 2024, a 12.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Carlton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carlton, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Carlton in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Carlton, MN
How long does it take to sell a home in Carlton, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 133 Days | +393.5% |
Summary: Homes in Carlton had an average of 133 days on market in Apr 2024, up by 393.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carlton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Carlton; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
