Is Crystal, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Crystal has remained a Seller's Market.
Key Takeaway
Crystal is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crystal, MN
How much do homes in Crystal, MN cost?
Median Sold Price
$306,266
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Crystal have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Crystal was $306,266 in April 2024, up 2.1% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $88.9K | - | N/A |
| 2 Bedrooms | $241.1K | $250K | +3.7% |
| 3 Bedrooms | $290K | $299.5K | +3.3% |
| 4 Bedrooms | $330K | $338K | +2.4% |
| 5+ Bedrooms | $360K | $359K | -0.3% |
Summary: Crystal housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 0.3%.
Median Sold Price Compared To Nearby Cities
| Brooklyn Center | $276.5K | $292K | +5.6% |
| New Hope | $325K | $338.5K | +4.2% |
| Crystal | $300K | $306.2K | +2.1% |
| Robbinsdale | $308.4K | $315K | +2.1% |
| Golden Valley | $425K | $432.5K | +1.8% |
Housing Supply in Crystal, MN
How many homes are available in Crystal, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 73 | 90 | +23.3% |
Summary: The Crystal real estate market had 90 homes for sale in April 2024, a 23.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 11 | +37.5% |
| 3 Bedrooms | 28 | 33 | +17.9% |
| 4 Bedrooms | 27 | 35 | +29.6% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Crystal housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 27 | +28.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crystal, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in Crystal in April 2024, up by 28.6% month-over-month. Of the 27 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.
Days on Market for Crystal, MN
How long does it take to sell a home in Crystal, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 24 Days | +47.9% |
Summary: Homes in Crystal had an average of 24 days on market in Apr 2024, up by 47.9% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Crystal are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 27 homes were sold in Crystal; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
