Housing Prices in Cedar, MN
How much do homes in Cedar, MN cost?
Median List Price
$449,900
$218/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Cedar has increased by 1.1% since last year.
Summary: The median home list price in Cedar was $449,900 in March 2024, up 1.1% from the previous year, and the median price per square foot was $218.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $352.4K | $450.9K | +27.9% |
| 3 Bedrooms | $394.4K | $405K | +2.7% |
| 4 Bedrooms | $449.9K | $489.9K | +8.9% |
| 5+ Bedrooms | $487.4K | $474.9K | -2.6% |
Summary: Cedar housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.9%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 2.6%.
Median List Price Compared To Nearby Cities
| Ham Lake | $482.4K | $549.9K | +14.0% |
| East Bethel | $395K | $415K | +5.1% |
| Andover | $439.7K | $459.9K | +4.6% |
| Cedar | $445K | $449.9K | +1.1% |
| Oak Grove | $488.4K | $482.5K | -1.2% |
Housing Supply in Cedar, MN
How many homes are available in Cedar, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 34 | +25.9% |
Summary: The Cedar real estate market had 34 homes for sale in March 2024, a 25.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Cedar housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 200%.
Days on Market for Cedar, MN
How long does it take to sell a home in Cedar, MN?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 85 Days | 68 Days | -20.0% |
Summary: Homes in Cedar had an average listing age of 68 days in Mar 2024, down by 20% compared to the previous year.
