Is Sartell, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sartell is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Sartell was a Buyer's Market.

Key Takeaway

Sartell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sartell, MN

How much do homes in Sartell, MN cost?

Median Sold Price

$328,450

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$10,384(+3.3%)

Key Takeaway

Homes in Sartell have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Sartell was $328,450 in February 2024, up 3.3% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $128K-
N/A
2 $249.5K$256K
+2.6%
3 $275K$284K
+3.3%
4 $330K$349.9K
+6.0%
5+ $525K$460.5K
-12.3%

Summary: Sartell housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 12.3%.

Median Sold Price Compared To Nearby Cities

Sauk Rapids
+7.6%
Sauk Rapids Township
+7.5%
Saint Cloud
+4.1%
Sartell
+3.3%

Housing Supply in Sartell, MN

How many homes are available in Sartell, MN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5665+16.1%

Summary: The Sartell real estate market had 65 homes for sale in February 2024, a 16.1% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 1216
+33.3%
4 2225
+13.6%
5+ 1414
0.0%

Summary: The Sartell housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1011+10.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sartell, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Sartell in February 2024, up by 10.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.

Days on Market for Sartell, MN

How long does it take to sell a home in Sartell, MN?

Average Sale Time

Feb 2023Feb 2024CHANGE
13 Days46 Days+258.0%

Summary: Homes in Sartell had an average of 46 days on market in Feb 2024, up by 258% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sartell are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 11 homes were sold in Sartell; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Sartell, MN

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