Is North End, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, North End has remained a Seller's Market.
Key Takeaway
North End is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North End, MN
How much do homes in North End, MN cost?
Median Sold Price
$235,250
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in North End have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in North End was $235,250 in April 2024, up 4.1% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $139.9K | -3.5% |
| 2 Bedrooms | $185.5K | $190.5K | +2.7% |
| 3 Bedrooms | $240K | $250K | +4.2% |
| 4 Bedrooms | $269.9K | $263K | -2.6% |
| 5+ Bedrooms | $259.9K | $273.9K | +5.4% |
Summary: North End housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Frogtown / Thomas-Dale | $223K | $237.5K | +6.5% |
| North End | $226K | $235.2K | +4.1% |
| Payne-Phalen | $240K | $242.1K | +0.9% |
| Como (Saint Paul) | $342.5K | $335K | -2.2% |
Housing Supply in North End, MN
How many homes are available in North End, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 56 | 68 | +21.4% |
Summary: The North End real estate market had 68 homes for sale in April 2024, a 21.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 26 | 31 | +19.2% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The North End housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 22 | +22.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North End, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in North End in April 2024, up by 22.2% month-over-month. Of the 22 sold homes, 18% were sold under asking, 18% were sold at asking, and 64% were sold over asking.
Days on Market for North End, MN
How long does it take to sell a home in North End, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 42 Days | 21 Days | -49.9% |
Summary: Homes in North End had an average of 21 days on market in Apr 2024, down by 49.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North End are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 22 homes were sold in North End; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
