$4,036 Closing Credit*
$339,900
1,458 SqFt
3 Beds
•1 Full Bath
Listing Office: eXp Realty
Is Circle Pines, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Circle Pines has remained a Seller's Market.
Key Takeaway
Circle Pines is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Circle Pines, MN
How much do homes in Circle Pines, MN cost?
Median Sold Price
$359,924
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$9,924(+2.8%)
Key Takeaway
Homes in Circle Pines have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Circle Pines was $359,924 in September 2024, up 2.8% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $255K | $260K | +2.0% |
| 3 Bedrooms | $325.7K | $331K | +1.6% |
| 4 Bedrooms | $400K | $405K | +1.3% |
| 5+ Bedrooms | $465K | $470K | +1.1% |
Summary: Circle Pines housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Cities
| Lino Lakes | $420.1K | $450K | +7.1% |
| Circle Pines | $350K | $359.9K | +2.8% |
| Blaine | $371K | $381K | +2.7% |
Housing Supply in Circle Pines, MN
How many homes are available in Circle Pines, MN?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 94 | 81 | -13.8% |
Summary: The Circle Pines real estate market had 81 homes for sale in September 2024, a 13.8% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 37 | 34 | -8.1% |
| 4 Bedrooms | 35 | 26 | -25.7% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Circle Pines housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 25.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 33 | 20 | -39.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Circle Pines, you could pay more than the asking price. 45% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Circle Pines in September 2024, down by 39.4% month-over-month. Of the 20 sold homes, 35% were sold under asking, 20% were sold at asking, and 45% were sold over asking.
Days on Market for Circle Pines, MN
How long does it take to sell a home in Circle Pines, MN?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 31 Days | 13 Days | -57.5% |
Summary: Homes in Circle Pines had an average of 13 days on market in Sep 2024, down by 57.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Circle Pines are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 20 homes were sold in Circle Pines; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
