Is Carver County, 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, Carver County has remained a Seller's Market.
Key Takeaway
Carver County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carver County, MN
How much do homes in Carver County, MN cost?
Median Sold Price
$435,128
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Carver County has remained the same since last year.
Summary: The median home sold price in Carver County was $435,128 in April 2024, up 0.4% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180.1K | $185K | +2.7% |
| 2 Bedrooms | $275K | $279.4K | +1.6% |
| 3 Bedrooms | $375K | $384.9K | +2.7% |
| 4 Bedrooms | $499.9K | $499.7K | 0% |
| 5+ Bedrooms | $658.6K | $637.2K | -3.3% |
Summary: Carver County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Counties
| Wright County | $363.6K | $375.7K | +3.3% |
| Hennepin County | $368.9K | $375.2K | +1.7% |
| Carver County | $433.2K | $435.1K | 0.4% |
| Scott County | $411.7K | $410K | -0.4% |
| Sibley County | $220K | $218K | -0.9% |
Housing Supply in Carver County, MN
How many homes are available in Carver County, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 501 | 612 | +22.2% |
Summary: The Carver County real estate market had 612 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 9 | +28.6% |
| 2 Bedrooms | 68 | 73 | +7.4% |
| 3 Bedrooms | 171 | 206 | +20.5% |
| 4 Bedrooms | 154 | 201 | +30.5% |
| 5+ Bedrooms | 101 | 123 | +21.8% |
Summary: The Carver County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 30.5%, and 5+ bedroom homes increased by 21.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 100 | 131 | +31.0% |
Asking Price vs. Sold Price
52 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
49 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carver County, you may be able to get a good deal. 39.7% of homes here sold below asking price last month.
Summary: A total of 131 homes were sold or pending in Carver County in April 2024, up by 31.0% month-over-month. Of the 131 sold homes, 40% were sold under asking, 23% were sold at asking, and 37% were sold over asking.
Days on Market for Carver County, MN
How long does it take to sell a home in Carver County, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 27 Days | -12.3% |
Summary: Homes in Carver County had an average of 27 days on market in Apr 2024, down by 12.3% compared to last year.
Breakdown of Home Sale Times
98 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carver County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 131 homes were sold in Carver County; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
