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East Bethel, MN is an expanding rural community in northern Anoka County off of HWY 65 about 15 miles north of Blaine.  East Bethel home buyers have typically made the move to find a nice home on acreage, or a larger home for a more affordable price. One of the main attractions in East Bethel is its Movie Theater.

East Bethel MN Real Estate Market Update

When I judge how well a a real estate market is doing I like to look at sale price (median) current year vs last year and also how many homes have sold in the past 6 months compared to how many are listed for sale.

In East Bethel there are currently about 50 homes for sale.  A few of these active listings are short sales with accepted offers.  In the past 6 months there have been about 75 closed sales on East Bethel homes.  Thus, with 150% sales to listings in the last 6 months that tells us the market is doing well.

Then you look at the price increases with data for 2013 compared to 2012 and most of the year to year increases each month were close to 15% or higher.  This is all in line with the overall north metro area of the Twin Cities Real Estate market.

Whats for Sale In East Bethel MN?

Bank owned listings are starting to disappear. At the time of this post there are only about 5 active bank owned listings for sale.   Also there are only 5 active short sale listings in East Bethel too.  Leaving the remaining 40 or so home listings in the East Bethel area being traditional sales.

The median listing price in East Bethel is currently $200,000.  Thus a buyer looking for more of a starter home should expect to pay around that amount for a home.

New construction home building in East Bethel is starting to pick up.  A few of the active listings are new construction homes. For a 3 BR/ 1BA new construction home the prices are starting at just below $180,000.

A big reason why buyers look in East Bethel is the availability of acreage properties.  Currently 31 of the listings have 1+ acres.  Making East Bethel homes a great place for buyers looking for space and privacy.

If you have questions or want a showing on any East Bethel MN home for sale contact Chuck Carstensen with RE/MAX Results at 612-290-3809 or chuck.carstensen@results.net.