$6,797 Closing Credit*
$572,350
1,783 SqFt
3 Beds
•1 Full Bath
Listing Office: Lennar Sales Corp
Is Osseo, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Osseo was a Seller's Market.
Key Takeaway
Osseo is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Osseo, MN
How much do homes in Osseo, MN cost?
Median Sold Price
$505,000
$199/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since September 2023.
Key Takeaway
The sold price of homes in Osseo has remained the same since last year.
Summary: The median home sold price in Osseo was $505,000 in September 2024, the same as last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $387.7K | $333.5K | -14.0% |
| 3 Bedrooms | $368K | $368.2K | 0.1% |
| 4 Bedrooms | $614.1K | $592K | -3.6% |
| 5+ Bedrooms | $590K | $639.5K | +8.4% |
Summary: Osseo housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 8.4%.
Median Sold Price Compared To Nearby Cities
| Maple Grove | $389.9K | $402.6K | +3.2% |
| Brooklyn Park | $335K | $338.1K | +0.9% |
| Osseo | $505K | $505K | 0.0% |
Housing Supply in Osseo, MN
How many homes are available in Osseo, MN?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 33 | 58 | +75.8% |
Summary: The Osseo real estate market had 58 homes for sale in September 2024, a 75.8% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 13 | 19 | +46.2% |
| 4 Bedrooms | 16 | 30 | +87.5% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Osseo housing inventory by bedroom type for September 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 46.2%, 4 bedroom homes increased by 87.5%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Osseo, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Osseo in September 2024, up by 80.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 19 Days | 15 Days | -21.4% |
Summary: Homes in Osseo had an average of 15 days on market in Sep 2024, down by 21.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Osseo are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 9 homes were sold in Osseo; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
