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 September 2023

Since last year, Sartell has remained a Seller'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

$324,950

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$5,050(-1.5%)

Key Takeaway

Homes in Sartell have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in Sartell was $324,950 in September 2024, down 1.5% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $128K-
N/A
2 $262.5K$258.7K
-1.4%
3 $285K$284.5K
-0.2%
4 $349.9K$342.5K
-2.1%
5+ $490K$383.5K
-21.7%

Summary: Sartell 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 1.4%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 21.7%.

Median Sold Price Compared To Nearby Cities

Sauk Rapids Township
+3.6%
Sauk Rapids
+3.6%
Saint Cloud
+1.7%
Sartell
-1.5%

Housing Supply in Sartell, MN

How many homes are available in Sartell, MN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
10498-5.8%

Summary: The Sartell real estate market had 98 homes for sale in September 2024, a 5.8% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 119
-18.2%
3 3225
-21.9%
4 4144
+7.3%
5+ 2020
0.0%

Summary: The Sartell 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 decreased by 18.2%, 3 bedroom homes decreased by 21.9%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2820-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

9 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% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Sartell in September 2024, down by 28.6% month-over-month. Of the 20 sold homes, 20% were sold under asking, 35% 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

Sep 2023Sep 2024CHANGE
32 Days23 Days-28.3%

Summary: Homes in Sartell had an average of 23 days on market in Sep 2024, down by 28.3% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 September 2024, 20 homes were sold in Sartell; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% 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 Sep 1, 2024

Newest Listings in Sartell, MN

Nearby Markets to Sartell, MN

What housing markets are near Sartell, MN?