Is Osseo, 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, Osseo has remained a Seller's Market.
Key Takeaway
Osseo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Osseo, MN
How much do homes in Osseo, MN cost?
Median Sold Price
$539,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Osseo have sold for 34.8% more than they did a year ago.
Summary: The median home sold price in Osseo was $539,000 in April 2024, up 34.8% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $299.9K | $409.4K | +36.5% |
| 3 Bedrooms | $345K | $366.4K | +6.2% |
| 4 Bedrooms | $512.5K | $623.3K | +21.6% |
| 5+ Bedrooms | $590K | $618.9K | +4.9% |
Summary: Osseo housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.5%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 4.9%.
Median Sold Price Compared To Nearby Cities
| Osseo | $400K | $539K | +34.8% |
| Brooklyn Park | $335K | $335.9K | 0.3% |
| Maple Grove | $400K | $399.9K | 0% |
Housing Supply in Osseo, MN
How many homes are available in Osseo, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 35 | +40.0% |
Summary: The Osseo real estate market had 35 homes for sale in April 2024, a 40.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 13 | +44.4% |
| 4 Bedrooms | 12 | 15 | +25.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Osseo housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Osseo, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Osseo in April 2024, up by 50.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 67% were sold at asking, and 11% were sold over asking.
Days on Market for Osseo, MN
How long does it take to sell a home in Osseo, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 24 Days | +123.2% |
Summary: Homes in Osseo had an average of 24 days on market in Apr 2024, up by 123.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Osseo are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Osseo; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
