Is White Bear Township, 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, White Bear Township has remained a Seller's Market.
Key Takeaway
White Bear Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in White Bear Township, MN
How much do homes in White Bear Township, MN cost?
Median Sold Price
$380,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in White Bear Township have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in White Bear Township was $380,000 in March 2024, down 2.8% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $320K | $196K | -38.8% |
| 2 Bedrooms | $290K | $277K | -4.5% |
| 3 Bedrooms | $376K | $370K | -1.6% |
| 4 Bedrooms | $430K | $400K | -7.0% |
| 5+ Bedrooms | $501.2K | $535K | +6.7% |
Summary: White Bear Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.8%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
| White Bear Lake | $330K | $346.3K | +5.0% |
| White Bear Township | $391K | $380K | -2.8% |
Housing Supply in White Bear Township, MN
How many homes are available in White Bear Township, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 30 | 0.0% |
Summary: The White Bear Township real estate market had 30 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The White Bear Township 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 10%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in White Bear Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in White Bear Township in March 2024, the same as the previous month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.
Days on Market for White Bear Township, MN
How long does it take to sell a home in White Bear Township, MN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 127 Days | 33 Days | -73.3% |
Summary: Homes in White Bear Township had an average of 33 days on market in Mar 2024, down by 73.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in White Bear Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in White Bear Township; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
