Is Carlton County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Carlton County has remained a Seller's Market.
Key Takeaway
Carlton County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carlton County, MN
How much do homes in Carlton County, MN cost?
Median Sold Price
$275,000
$173/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Carlton County have sold for 5.2% less than they did a month ago.
Summary: The median home sold price in Carlton County was $275,000 in April 2024, down 5.2% from last month, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $141K | N/A |
| 2 Bedrooms | $275K | $200K | -27.3% |
| 3 Bedrooms | $295K | $376K | +27.5% |
| 4 Bedrooms | $279K | $345K | +23.7% |
| 5+ Bedrooms | $450K | $312.5K | -30.6% |
Summary: Carlton County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.3%, 3 bedroom homes increased by 27.5%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes decreased by 30.6%.
Housing Supply in Carlton County, MN
How many homes are available in Carlton County, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 112 | 124 | +10.7% |
Summary: The Carlton County real estate market had 124 homes for sale in April 2024, a 10.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 23 | 22 | -4.3% |
| 3 Bedrooms | 48 | 54 | +12.5% |
| 4 Bedrooms | 25 | 29 | +16.0% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Carlton County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 25 | -13.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carlton County, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Carlton County in April 2024, down by 13.8% month-over-month. Of the 24 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% were sold over asking.
Days on Market for Carlton County, MN
How long does it take to sell a home in Carlton County, MN?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 42 Days | 48 Days | +13.9% |
Summary: Homes in Carlton County had an average of 48 days on market in Apr 2024, up by 13.9% compared to last month.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carlton County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 25 homes were sold in Carlton County; 64% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
