Is Calhoun-Isles, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Calhoun-Isles was a Seller's Market.
Housing Prices in Calhoun-Isles, MN
How much do homes in Calhoun-Isles, MN cost?
Median Sold Price
$399,950
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Calhoun-Isles was $399,950 in April 2024, down 8.1% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $169.9K | +6.2% |
2 Bedrooms | $310K | $330K | +6.5% |
3 Bedrooms | $525K | $569.5K | +8.5% |
4 Bedrooms | $720K | $910K | +26.4% |
5+ Bedrooms | $950K | $999.5K | +5.2% |
Summary: Calhoun-Isles housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes increased by 5.2%.
Median Sold Price Compared To Nearby Neighborhoods
Kenwood | $1.0M | $1.0M | -0.9% |
Calhoun-Isles | $435K | $399.9K | -8.1% |
Housing Supply in Calhoun-Isles, MN
How many homes are available in Calhoun-Isles, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
184 | 224 | +21.7% |
Summary: The Calhoun-Isles real estate market had 224 homes for sale in April 2024, a 21.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 39 | 54 | +38.5% |
2 Bedrooms | 45 | 47 | +4.4% |
3 Bedrooms | 34 | 36 | +5.9% |
4 Bedrooms | 33 | 42 | +27.3% |
5+ Bedrooms | 33 | 45 | +36.4% |
Summary: The Calhoun-Isles housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 38.5%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 26 | +13.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Calhoun-Isles in April 2024, up by 13.0% month-over-month. Of the 26 sold homes, 50% were sold under asking, 19% were sold at asking, and 31% were sold over asking.
Days on Market for Calhoun-Isles, MN
How long does it take to sell a home in Calhoun-Isles, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 37 Days | -16.5% |
Summary: Homes in Calhoun-Isles had an average of 37 days on market in Apr 2024, down by 16.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in Calhoun-Isles; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.