Is Saint Stephen, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Saint Stephen has remained a Seller's Market.
Key Takeaway
Saint Stephen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Stephen, MN
How much do homes in Saint Stephen, MN cost?
Median Sold Price
$349,750
$179/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Saint Stephen have sold for 58.3% more than they did a month ago.
Summary: The median home sold price in Saint Stephen was $349,750 in May 2024, up 58.3% from last month, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220.9K | - | N/A |
| 3 Bedrooms | - | $420K | N/A |
| 4 Bedrooms | - | $279.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Saint Stephen housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Saint Stephen, MN
How many homes are available in Saint Stephen, MN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Saint Stephen real estate market had 4 homes for sale in May 2024, a 20.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Saint Stephen housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Stephen, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Saint Stephen in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Saint Stephen, MN
How long does it take to sell a home in Saint Stephen, MN?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 13 Days | +22.7% |
Summary: Homes in Saint Stephen had an average of 13 days on market in May 2024, up by 22.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Stephen are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Saint Stephen; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
