Is Saint Cloud, 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, Saint Cloud has remained a Seller's Market.
Key Takeaway
Saint Cloud is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Cloud, MN
How much do homes in Saint Cloud, MN cost?
Median Sold Price
$235,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Saint Cloud have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Saint Cloud was $235,000 in April 2024, up 2.3% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.4K | $97.5K | -13.3% |
| 2 Bedrooms | $175.5K | $192K | +9.4% |
| 3 Bedrooms | $208.2K | $230K | +10.4% |
| 4 Bedrooms | $260K | $260.5K | 0.2% |
| 5+ Bedrooms | $290K | $289.9K | 0% |
Summary: Saint Cloud housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Waite Park | $224.5K | $238K | +6.0% |
| Sauk Rapids | $267.2K | $280.4K | +4.9% |
| Sauk Rapids Township | $268.3K | $280.4K | +4.5% |
| Saint Cloud | $229.6K | $235K | +2.3% |
Housing Supply in Saint Cloud, MN
How many homes are available in Saint Cloud, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 230 | 259 | +12.6% |
Summary: The Saint Cloud real estate market had 259 homes for sale in April 2024, a 12.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 38 | 43 | +13.2% |
| 3 Bedrooms | 89 | 90 | +1.1% |
| 4 Bedrooms | 68 | 84 | +23.5% |
| 5+ Bedrooms | 33 | 40 | +21.2% |
Summary: The Saint Cloud 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 13.2%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 21.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 56 | 71 | +26.8% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Cloud, you could pay more than the asking price. 43.7% of homes here sold above asking price last month.
Summary: A total of 71 homes were sold or pending in Saint Cloud in April 2024, up by 26.8% month-over-month. Of the 71 sold homes, 39% were sold under asking, 17% were sold at asking, and 44% were sold over asking.
Days on Market for Saint Cloud, MN
How long does it take to sell a home in Saint Cloud, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 40 Days | 47 Days | +15.8% |
Summary: Homes in Saint Cloud had an average of 47 days on market in Apr 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Cloud are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 71 homes were sold in Saint Cloud; 62% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
