Is Saint Cloud, 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, Saint Cloud has remained a Seller's Market.
Key Takeaway
Saint Cloud is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Cloud, MN
How much do homes in Saint Cloud, MN cost?
Median Sold Price
$235,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Saint Cloud have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Saint Cloud was $235,000 in March 2024, up 3.7% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.4K | $90K | -20.0% |
| 2 Bedrooms | $176K | $189.7K | +7.8% |
| 3 Bedrooms | $205.7K | $231.1K | +12.4% |
| 4 Bedrooms | $260K | $256.6K | -1.3% |
| 5+ Bedrooms | $287K | $298.2K | +3.9% |
Summary: Saint Cloud housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 3.9%.
Median Sold Price Compared To Nearby Cities
| Sauk Rapids | $265K | $283.2K | +6.9% |
| Sauk Rapids Township | $267K | $283.2K | +6.1% |
| Waite Park | $225K | $235K | +4.4% |
| Saint Cloud | $226.6K | $235K | +3.7% |
Housing Supply in Saint Cloud, MN
How many homes are available in Saint Cloud, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 214 | 228 | +6.5% |
Summary: The Saint Cloud real estate market had 228 homes for sale in March 2024, a 6.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 42 | 37 | -11.9% |
| 3 Bedrooms | 85 | 87 | +2.4% |
| 4 Bedrooms | 61 | 70 | +14.8% |
| 5+ Bedrooms | 23 | 31 | +34.8% |
Summary: The Saint Cloud 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 decreased by 11.9%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 34.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 52 | +10.6% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Cloud, you may be able to get a good deal. 40.4% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in Saint Cloud in March 2024, up by 10.6% month-over-month. Of the 52 sold homes, 40% were sold under asking, 29% were sold at asking, and 31% were sold over asking.
Days on Market for Saint Cloud, MN
How long does it take to sell a home in Saint Cloud, MN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 50 Days | +30.1% |
Summary: Homes in Saint Cloud had an average of 50 days on market in Mar 2024, up by 30.1% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Cloud are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 52 homes were sold in Saint Cloud; 52% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
