Is North Saint Paul, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, North Saint Paul has remained a Seller's Market.
Housing Prices in North Saint Paul, MN
How much do homes in North Saint Paul, MN cost?
Median Sold Price
$320,000
$187/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Summary: The median home sold price in North Saint Paul was $320,000 in March 2024, the same as last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $189.9K | N/A |
2 Bedrooms | $246K | $260.5K | +5.9% |
3 Bedrooms | $317.5K | $321K | +1.1% |
4 Bedrooms | $350K | $365K | +4.3% |
5+ Bedrooms | $399K | $390K | -2.3% |
Summary: North Saint Paul 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 5.9%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 2.3%.
Housing Supply in North Saint Paul, MN
How many homes are available in North Saint Paul, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 39 | +5.4% |
Summary: The North Saint Paul real estate market had 39 homes for sale in March 2024, a 5.4% 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 | 7 | 9 | +28.6% |
3 Bedrooms | 21 | 17 | -19.0% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The North Saint Paul 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 28.6%, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in North Saint Paul in March 2024, up by 8.3% month-over-month. Of the 13 sold homes, 15% were sold under asking, 31% were sold at asking, and 54% were sold over asking.
Days on Market for North Saint Paul, MN
How long does it take to sell a home in North Saint Paul, MN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 29 Days | +19.7% |
Summary: Homes in North Saint Paul had an average of 29 days on market in Mar 2024, up by 19.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in North Saint Paul; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.