Randolph Real Estate Market Report: December 2024
In December 2024, the median sale price in Randolph was $388,000, down 52.8% from a year earlier.
- Median Sales Price
- $388,000
- -52.8% vs. December 2023
- Homes for Sale
- 1
- +0% vs. December 2023
- Months Supply
- 1
- +66.7% vs. December 2023
- Seller's market
- Days on Market
- 41
- +46.4% vs. December 2023
- Closed Sales
- 1
- +0% vs. December 2023
- Percent of Original List Received
- 98.2%
- +1.5 pts vs. December 2023
What this means
The median sale price has decreased by 53% from last year to $388,000, though an opposite trend in price per square foot suggests this change more likely reflects the mix of homes that sold.
Homes are selling 13 days longer than last year, averaging 41 days on market, and sellers are receiving 98.2% of their original asking price.
The area is currently a seller's market with 1 months of supply. Active inventory is holding steady at 1 homes for sale.
In this seller's market, buyers should be prepared to act quickly, while sellers can generally expect strong interest if priced correctly.
Common questions about the Randolph market
Is Randolph a buyer's or seller's market?
Randolph was a seller's market in December 2024, with 1 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 1 homes for sale.
How fast are homes selling in Randolph?
Homes that sold in December 2024 spent an average of 41 days on market, 13 days slower than a year earlier. Sellers received 98.2% of their original list price on average.
Are home prices going up in Randolph?
No. The median sale price fell 52.8% year over year to $388,000. Price per square foot moved the other way (from $200 to $205), which suggests the change mostly reflects the mix of homes sold.
Market trends in Randolph
| Month | Median sale price | Closed sales | Days on market | Months supply |
|---|---|---|---|---|
| December 2023 | $822,000 | 1 | 28 | 0.6 |
| January 2024 | $369,950 | 2 | 16 | 0.6 |
| December 2024 | $388,000 | 1 | 41 | 1 |
How Randolph compares with the Twin Cities region
In December 2024, the median sale price in Twin Cities (16-County Region) was $370,000.
More to explore
Data: NorthstarMLS Local Market Update via 10K Research, published October 21, 2026.
Report published .
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