The Cedar Knolls housing market is very competitive. The median sale price of a home in Cedar Knolls was $551K last month, down 11.9% since last year. The median sale price per square foot in Cedar Knolls is $160, down 6.4% since last year.
What is the housing market like in Cedar Knolls today?
In March 2024, Cedar Knolls home prices were down 11.9% compared to last year, selling for a median price of $551K. On average, homes in Cedar Knolls sell after 39 days on the market compared to 33 days last year. There were 2 homes sold in March this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$550,500
-11.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cedar Knolls, MN
$550,500
-11.9%
United States
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How hot is the Cedar Knolls housing market?
Cedar Knolls is very competitive. Homes sell in 14 days.
0
100
86
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 14 days.
Hot homes
can sell for about 6% above list price and go pending in around 10 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
103.7%
+2.7 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cedar Knolls, MN
103.7%
+2.7 pt
United States
Home offer insights for Cedar Knolls
Explore recent offers and recently sold homes in Cedar Knolls
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cedar Knolls housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cedar Knolls.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cedar Knolls has a moderate risk of flooding. 44 properties in Cedar Knolls are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Cedar Knolls. Flood risk is increasing slower than the national average.
15% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cedar Knolls has a moderate risk of wildfire. There are 129 properties in Cedar Knolls that have some risk of being affected by wildfire over the next 30 years. This represents 15% of all properties in Cedar Knolls.
Cedar Knolls has minimal risk of severe winds over the next 30 years
Wind Factor
Cedar Knolls has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.