Champlin MN Real Estate For Sale and Sold Market Update 55316
The Champlin Real Estate market of 2016 began with a bang! January was a steady stream of properties already hitting the market. By last year's Spring parade, the Champlin Real Estate market was already in full swing with 91 homes sold and closed. The Champlin Real Estate market kept full steam into the Summer
months with most homes being sold over list price AND in multiple offers.
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Just after the parade completed in March 2016, our average sale price was $235,835 with cumulative on market time of 45 days!
Rounding out the fall, our average price increased to $287,286 largely due to a low amount of inventory and an increase in demand for Champlin Homes For Sale. The Reserve at Elm Creek New Construction development also raised our average home sale pricing as well. The new construction of the Reserve project brought higher end homes to Champlin and increased our average home sale.
411 Champlin MN homes for sale SOLD in 2016 with a year average home sale price of $252,171 ~ What’s My Champlin Home Worth? ~ check out now at MyChamplinHomeValue.com ~ FREE & Instant! All these Champlin homes sold in an average of 48 days!
So…Where are we headed for 2017?!!
If you’re thinking about buying or selling in Champlin in 2017 you’re in luck!! The Champlin home sale pricing will continue to increase as demand is still there. Meaning, if you’re planning to you’re your Champlin home in 2017 you’re going to make a nice profit compared to the last previous years. Home pricing is on a steady increase as the housing shortage continues.
Curious what your Champlin home could sell for? Check out MyChamplinHomeValue.com for a free instant home value, or call our team for a FREE, in-home consultation so you can learn how we make sure your home sells for more money, in less time!
What about home buying? It’s a rare opportunity for both buyer’s and seller’s to make out like a bandit during a seller's market…. Why? Interest rates remain at all-time lows and will continue to slow increase as we head into the new year. Year over year comparison, your buying power is stretched when you consider what you can afford when buying your next home.
So consider this…. You’re a Champlin home seller, in a sellers market you will get the “MOST” money possible for your sale, but when you go to purchase your “forever home” the rates remain at bottom lows, this means that you can sell high and your dollar is stretched because interest rates remain so low. If you’re on the fence about a “move up” buy, NOW is the time. The rates will continue to rise as we head into 2017, nothing to freak out about BUT your payment will be much lower than our parent's rates or even buyers in the last 10 years.
Demand is a little low right now in Champlin, as a few of the homes are getting into longer marketing times, this will change quickly into February when new inventory hits the market and buyers that preferred not to move in the winter emerge! If you’re a Champlin buyer, get out there and get looking… I suspect inventory will increase and so will demand, so if you’re worried about competing with multiple offers or are afraid of quickly increasing prices… get going! Prices will go up in the next couple months and now is the time to score a Champlin home deal before they do. If you need help getting started, call us, we’re happy to meet at Champlin Caribou, we have great buyer guide that takes the stress and unknowns out of buying… really, it doesn’t have to be as scary as it sounds… not only that but lender requirements have changed and there are down payment assistance programs out there to help you into your new home, your first home or a move-up home! Call to get started 612.807.4858 or check out these Champlin home deals!!
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Regardless if you're a new homebuyer, or a seller looking for a "go-getter" real estate agent, I'm your gal! With 10 years Real Estate experience and an over and above service level, I want to make your Real Estate transaction the best it can be!
Don't forget to "Like" my Champlin Real Estate Facebook page for next weeks Champlin real Estate market update, get tips, tricks and just listed and just sold homes information!
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If you're thinking about selling your Champlin home soon, you have time to get your home on the market just in time for sales and demand to go crazy!
57 Champlin homes are now for sale in Champlin. The median amount for the active homes for sale in Champlin is $312,134.
Champlin, MN 55316 has 28 pending homes for sale with a median price of $315,510 and an average of 68 days listed on the market.
28 Champlin, MN homes sold and closed in the last month with an average of $302,946 for the price and an average of 68 days listed on the market.
Of those 28 Champlin homes sold and closed, 5 were Champlin townhomes for sale, with an average sale price of $155,340 and 25 days on the market.
What Makes Champlin Great?
The city of Champlin, MN 55316 is a great place to call home! Champlin is within the Hennepin County area and is serviced mainly by the Anoka-Hennepin School District. Champlin is situated along several major travel arteries making an easy commute to Minneapolis / St. Paul and surrounding North Metro areas. Traffic mostly utilizes Country Road 81 and Highway 169. Highway 10 is just over the Anoka bridges and opens up travel East and West of the North Metro Area as well as Highway 610, which also runs mainly East to West.
Champlin has a variety of Restaurants, Convenient Stores, and so much more. You can find maps, numbers, and listings of local Champlin stores.
Champlin also offers fun city-sponsored activities such as the recent Easter Egg Hunt, Movie night in the Park, Father Hennepin Days, a citywide garage Sale, and Andrew's Park Splash pad!
Champlin has several public schools and private schools. By clicking the link you can find local Champlin School ratings, important phone numbers, and School Websites.
Are you selling in Champlin? Find out what your Champlin Home is worth!
You'll be amazed at all the fun opportunities there are in the Champlin area!
Magnet Schools Special Programs in Engineering, Mathematics & Science
Northwest Suburban Integration School District (www.nws.k12.mn.us)
Homes For Sale Near Preparatory Schools
Why Do People Live in Champlin?
Champlin is snugly situated near the Mississippi River and offers a ton of affordable housing. Champlin has more than a handful of parks which include Andrew's Park Splash pad, Northland Park, Elm Creek Park Reserve, Oxbow Park and a Skate Park, Lifetime Fitness, ice rink, Mann Movie Theater, The Champlin Library and easy commuting access to Highway 169 and Highway 610 to help your morning commute. (Search all Champlin Community has to offer). Champlin is said to have a small town community feel by local Champlin homeowners.
Champlin also offers great restaurants such as Ruby Tuesday's, Willy McCoy's, Clive's Roadhouse, Buffalo Wild Wings, Maverick's and Coming soon...Chipotle, Leeann Chin, and Starbuck's!!, easy access to local grocery stores, Cub Foods, Caribou Coffee, Chinese Restaurant, and a few Fast Food locations, Wells Fargo, and Target are just around the corner. All the conveniences and a little smaller community feel than the neighboring Brooklyn Park and Maple Grove areas.
What Schools will the Kids Attend?
If you buy a home for sale in Champlin, it's likely that your kids will attend Oxbow Creek Elementary, serving grades K-5, located at 6505 109th Ave. N | Champlin, MN 55316 | P: 763-506-3800- See Oxbow Creek Elementary School Website (see all homes for sale near Oxbow Creek Elementary), Champlin-Brooklyn Park Academy, serving grades K-5, located at 6100 109th Ave N l Champlin, MN 55316 l (763) 506-2000, your other option for a local Elementary School is Dayton Elementary School, serving grades K-5, located at 12000 South Diamond Lake Rd. | Dayton, MN 55327 | P: 763-506-2200 - See Dayton Elementary School Website (see all homes for sale near Dayton Elementary School). Jackson Middle School, serving grades 6th-8th and located at 6000 109th Ave. N | Champlin, MN 55316 | P: 763-506-5200, See Jackson Middle School Website (see all homes for sale near Jackson Middle School), Champlin Park High School services grades 9th-12th and is located at 6025 109th Ave. N | Champlin, MN 55316 | P: 763-506-6800, See Champlin Park High School Website (see all homes for sale near Champlin Park High School).
If you're looking for specific specialty programs, Champlin offers access to magnet schools and unique school opportunities for elementary, middle school and high school students through Northwest Suburban Integration School District (www.nws.k12.mn.us). This is a great opportunity for children that excel in engineering, mathematics, and science. See more Champlin School information according to GreatSchools.org.
Local preparatory Schools also include Parnassus Preparatory School, Maple Grove (see homes for sale near Parnassus Preparatory School) and Athlos Leadership Academy, Brooklyn Park (see homes for sale near Athlos Leadership Academy).
If you're looking for a local, rigorous, Christian Academy, Maranatha Christian Academy is located at 9201 75th Avenue North, Brooklyn Park, MN 55428 | Phone: (763) 488-7900 - Maranatha Admissions Information, Find Homes For Sale near Maranatha Christian Academy.
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