Is Sartell, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Sartell was a Seller's Market.
Key Takeaway
Sartell is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sartell, MN
How much do homes in Sartell, MN cost?
Median Sold Price
$320,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Sartell has remained the same since last year.
Summary: The median home sold price in Sartell was $320,000 in May 2024, up 0.1% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $128K | - | N/A |
| 2 Bedrooms | $266.9K | $252.5K | -5.4% |
| 3 Bedrooms | $275K | $280K | +1.8% |
| 4 Bedrooms | $335.2K | $345K | +2.9% |
| 5+ Bedrooms | $550K | $440K | -20.0% |
Summary: Sartell 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 5.4%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 20%.
Median Sold Price Compared To Nearby Cities
| Sauk Rapids | $267.2K | $282.4K | +5.7% |
| Sauk Rapids Township | $268.3K | $282.4K | +5.2% |
| Saint Cloud | $230.6K | $235K | +1.9% |
| Sartell | $319.8K | $320K | 0.1% |
Housing Supply in Sartell, MN
How many homes are available in Sartell, MN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 84 | 109 | +29.8% |
Summary: The Sartell real estate market had 109 homes for sale in May 2024, a 29.8% 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 | 12 | 15 | +25.0% |
| 3 Bedrooms | 25 | 23 | -8.0% |
| 4 Bedrooms | 34 | 58 | +70.6% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Sartell 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 25%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 70.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sartell, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Sartell in May 2024, the same as the previous month. Of the 17 sold homes, 41% were sold under asking, 24% were sold at asking, and 35% were sold over asking.
Days on Market for Sartell, MN
How long does it take to sell a home in Sartell, MN?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 33 Days | +25.7% |
Summary: Homes in Sartell had an average of 33 days on market in May 2024, up by 25.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sartell are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 17 homes were sold in Sartell; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
