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.
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
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
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
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.