Is Oakdale, 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, Oakdale has remained a Seller's Market.
Housing Prices in Oakdale, MN
How much do homes in Oakdale, MN cost?
Median Sold Price
$345,666
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oakdale was $345,666 in April 2024, up 5.9% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $202.5K | $185K | -8.6% |
2 Bedrooms | $259K | $242K | -6.6% |
3 Bedrooms | $337.4K | $349.4K | +3.6% |
4 Bedrooms | $402K | $406.8K | +1.2% |
5+ Bedrooms | $400K | $422.5K | +5.6% |
Summary: Oakdale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Cities
Lake Elmo | $635K | $680K | +7.1% |
Oakdale | $326.4K | $345.6K | +5.9% |
North Saint Paul | $315K | $322.5K | +2.4% |
Housing Supply in Oakdale, MN
How many homes are available in Oakdale, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 96 | +15.7% |
Summary: The Oakdale real estate market had 96 homes for sale in April 2024, a 15.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 25 | 26 | +4.0% |
3 Bedrooms | 28 | 27 | -3.6% |
4 Bedrooms | 24 | 33 | +37.5% |
5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The Oakdale 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 4%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 26 | +4.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Oakdale in April 2024, up by 4.0% month-over-month. Of the 26 sold homes, 19% were sold under asking, 31% were sold at asking, and 50% were sold over asking.
Days on Market for Oakdale, MN
How long does it take to sell a home in Oakdale, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 27 Days | -8.4% |
Summary: Homes in Oakdale had an average of 27 days on market in Apr 2024, down by 8.4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in Oakdale; 62% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.