Is Carver County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Carver County has remained a Seller's Market.
Housing Prices in Carver County, MN
How much do homes in Carver County, MN cost?
Median Sold Price
$436,788
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Carver County was $436,788 in March 2024, up 0.8% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180.1K | $180K | -0.1% |
2 Bedrooms | $275K | $279.7K | +1.7% |
3 Bedrooms | $374.9K | $385K | +2.7% |
4 Bedrooms | $498.1K | $495.9K | -0.4% |
5+ Bedrooms | $655.2K | $637.5K | -2.7% |
Summary: Carver County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.1%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Counties
Wright County | $360.1K | $377.3K | +4.8% |
Hennepin County | $369.7K | $375K | +1.4% |
Carver County | $433.3K | $436.7K | +0.8% |
Scott County | $412.8K | $409.9K | -0.7% |
Sibley County | $225K | $215K | -4.4% |
Housing Supply in Carver County, MN
How many homes are available in Carver County, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
418 | 499 | +19.4% |
Summary: The Carver County real estate market had 499 homes for sale in March 2024, a 19.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 7 | +133.3% |
2 Bedrooms | 53 | 66 | +24.5% |
3 Bedrooms | 140 | 172 | +22.9% |
4 Bedrooms | 139 | 160 | +15.1% |
5+ Bedrooms | 83 | 94 | +13.3% |
Summary: The Carver County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 133.3%, 2 bedroom homes increased by 24.5%, 3 bedroom homes increased by 22.9%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
88 | 85 | -3.4% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 85 homes were sold or pending in Carver County in March 2024, down by 3.4% month-over-month. Of the 85 sold homes, 45% were sold under asking, 28% were sold at asking, and 27% were sold over asking.
Days on Market for Carver County, MN
How long does it take to sell a home in Carver County, MN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 41 Days | -5.2% |
Summary: Homes in Carver County had an average of 41 days on market in Mar 2024, down by 5.2% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During March 2024, 85 homes were sold in Carver County; 58% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.