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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crystal is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Crystal has remained a Seller's Market.

Key Takeaway

Crystal is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Crystal, MN

How much do homes in Crystal, MN cost?

Median Sold Price

$300,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$4,666(-1.5%)

Key Takeaway

Homes in Crystal have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in Crystal was $300,000 in February 2024, down 1.5% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $88.9K-
N/A
2 $239K$247.5K
+3.6%
3 $292.5K$295K
+0.9%
4 $330K$335K
+1.5%
5+ $395K$343K
-13.2%

Summary: Crystal housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 13.2%.

Median Sold Price Compared To Nearby Cities

Brooklyn Center
+3.6%
Golden Valley
+2.3%
New Hope
+1.5%
Robbinsdale
+1.0%
Crystal
-1.5%

Housing Supply in Crystal, MN

How many homes are available in Crystal, MN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5859+1.7%

Summary: The Crystal real estate market had 59 homes for sale in February 2024, a 1.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 118
-27.3%
3 2523
-8.0%
4 1821
+16.7%
5+ 47
+75.0%

Summary: The Crystal housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 27.3%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2111-47.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crystal, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Crystal in February 2024, down by 47.6% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.

Days on Market for Crystal, MN

How long does it take to sell a home in Crystal, MN?

Average Sale Time

Feb 2023Feb 2024CHANGE
48 Days26 Days-44.2%

Summary: Homes in Crystal had an average of 26 days on market in Feb 2024, down by 44.2% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Crystal are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 11 homes were sold in Crystal; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Crystal, MN

Nearby Markets to Crystal, MN

What housing markets are near Crystal, MN?