Is Crystal, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Crystal has remained a Seller's Market.
Housing Prices in Crystal, MN
How much do homes in Crystal, MN cost?
Median Sold Price
$309,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Crystal was $309,000 in May 2024, up 3% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $88.9K | - | N/A |
2 Bedrooms | $248.5K | $245K | -1.4% |
3 Bedrooms | $289K | $300K | +3.8% |
4 Bedrooms | $335K | $340K | +1.5% |
5+ Bedrooms | $365K | $355K | -2.7% |
Summary: Crystal housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Cities
Brooklyn Center | $276K | $295K | +6.9% |
Crystal | $300K | $309K | +3.0% |
New Hope | $329.1K | $335K | +1.8% |
Robbinsdale | $309.5K | $311.5K | +0.6% |
Golden Valley | $429.2K | $425K | -1.0% |
Housing Supply in Crystal, MN
How many homes are available in Crystal, MN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
90 | 104 | +15.6% |
Summary: The Crystal real estate market had 104 homes for sale in May 2024, a 15.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 16 | +60.0% |
3 Bedrooms | 34 | 43 | +26.5% |
4 Bedrooms | 35 | 37 | +5.7% |
5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The Crystal housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 21 | -22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Crystal in May 2024, down by 22.2% month-over-month. Of the 21 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 23 Days | +159.2% |
Summary: Homes in Crystal had an average of 23 days on market in May 2024, up by 159.2% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 21 homes were sold in Crystal; 86% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.