Is East Bethel, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, East Bethel was a Neutral Market.
Housing Prices in East Bethel, MN
How much do homes in East Bethel, MN cost?
Median Sold Price
$391,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in East Bethel was $391,000 in March 2024, up 0.3% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199K | $260K | +30.7% |
2 Bedrooms | $343K | $310K | -9.6% |
3 Bedrooms | $375K | $351K | -6.4% |
4 Bedrooms | $425K | $432.5K | +1.8% |
5+ Bedrooms | $457K | $475.5K | +4.0% |
Summary: East Bethel housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.7%, 2 bedroom homes decreased by 9.6%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
Ham Lake | $479.2K | $515K | +7.5% |
Bethel | $385K | $405K | +5.2% |
East Bethel | $390K | $391K | 0.3% |
Housing Supply in East Bethel, MN
How many homes are available in East Bethel, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 37 | +23.3% |
Summary: The East Bethel real estate market had 37 homes for sale in March 2024, a 23.3% 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 | 5 | 5 | 0.0% |
3 Bedrooms | 12 | 16 | +33.3% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The East Bethel 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 2 | -71.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in East Bethel in March 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for East Bethel, MN
How long does it take to sell a home in East Bethel, MN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 25 Days | -37.4% |
Summary: Homes in East Bethel had an average of 25 days on market in Mar 2024, down by 37.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in East Bethel; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.