The Cedar Knolls housing market is very competitive. The median sale price of a home in Cedar Knolls was $615K last month, down 4.7% since last year. The median sale price per square foot in Cedar Knolls is $167, up 9.2% since last year.
What is the housing market like in Cedar Knolls today?
In December 2024, Cedar Knolls home prices were down 4.7% compared to last year, selling for a median price of $615K. On average, homes in Cedar Knolls sell after 68 days on the market compared to 129 days last year. There were 3 homes sold in December this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$615,000
-4.7% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Cedar Knolls, MN
$615,000
-4.7%
United States
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How hot is the Cedar Knolls housing market?
Cedar Knolls is very competitive. Homes sell in 18 days.
0
100
83
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 18 days.
Hot homes
can sell for about 5% above list price and go pending in around 9 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.9%
-1.8 pt YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
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.
Flood Factor - Minor
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cedar Knolls has a minor risk of flooding. 38 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.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cedar Knolls has a moderate risk of wildfire. There are 50 properties in Cedar Knolls that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in Cedar Knolls.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Cedar Knolls has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cedar Knolls is most at risk from tornadoes. 810 properties in Cedar Knolls have some risk of being in a severe wind event within the next 30 years.