$3,563 Closing Credit*
$300,000
1,651 SqFt
3 Beds
•1 Full Bath
Listing Office: Lakes Area Realty G.V.
Is Robbinsdale, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Robbinsdale has remained a Seller's Market.
Key Takeaway
Robbinsdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Robbinsdale, MN
How much do homes in Robbinsdale, MN cost?
Median Sold Price
$310,000
$185/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 Robbinsdale has remained the same since last year.
Summary: The median home sold price in Robbinsdale was $310,000 in September 2024, the same as last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $65K | N/A |
| 2 Bedrooms | $242K | $270K | +11.6% |
| 3 Bedrooms | $303K | $310.5K | +2.5% |
| 4 Bedrooms | $385K | $334.1K | -13.2% |
| 5+ Bedrooms | $350K | $380K | +8.6% |
Summary: Robbinsdale 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 increased by 11.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Cities
| Crystal | $297.7K | $311.6K | +4.7% |
| Minneapolis | $335.4K | $348.4K | +3.9% |
| Brooklyn Center | $285K | $293.5K | +3.0% |
| Robbinsdale | $310K | $310K | 0.0% |
Housing Supply in Robbinsdale, MN
How many homes are available in Robbinsdale, MN?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 52 | 59 | +13.5% |
Summary: The Robbinsdale real estate market had 59 homes for sale in September 2024, a 13.5% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 24 | 26 | +8.3% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Robbinsdale housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Robbinsdale, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Robbinsdale in September 2024, down by 25.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% were sold over asking.
Days on Market for Robbinsdale, MN
How long does it take to sell a home in Robbinsdale, MN?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 12 Days | 23 Days | +89.8% |
Summary: Homes in Robbinsdale had an average of 23 days on market in Sep 2024, up by 89.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Robbinsdale are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 12 homes were sold in Robbinsdale; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
