St. Cloud is a central Minnesota city with a population of nearly 70,000 people, making it one of the larger communities in the state. Like many other real estate markets in Minnesota and throughout the entire Midwest, the St. Cloud MN real estate market is experiencing unprecedented conditions.
What You Need to Know About the Saint Cloud MN Real Estate Market
The Saint Cloud MN real estate market is currently (2022) considered a seller’s market, which means that there are more buyers in the market than there are homes available to purchase. Like many other markets throughout the country, Saint Cloud has experienced low inventory levels. As a result, home prices have increased steadily over the past year. In fact, the current median sales price in Saint Cloud is nearly $205,000, which is almost 14 percent higher than it was just a year ago.
Learn More About the Homes for Sale in Saint Cloud
One of the things that buyers love about the Saint Cloud real estate market is that there is a vast range of homes for sale in Saint Cloud. There are charming ranches on the market that were built in the mid-20th century that make idyllic starter homes. In addition, there are new construction homes for those who are looking for a touch of luxury in the heart of the Midwest.
Begin Your Saint Cloud MN Real Estate Journey Today
For the past year, the market in Saint Cloud has been a seller’s market — but don’t let that intimidate you. When you hire the right real estate agent such as Shannon Lindstrom with RE/MAX Results, you will benefit from expert advice and local knowledge. A professional real estate agent will be able to assist you with locating amazing homes for sale in Saint Cloud.
To learn more about the current real estate market conditions in Saint Cloud and to have a custom home search performed for you, contact us today.