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Featured local agent — Minneapolis, KS
Sarah Mitchell
Compass Real Estate · Minneapolis, KS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Minneapolis, KS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$92,000median sale price
How is the Minneapolis, KS housing market right now?
The median home sale price in Minneapolis, KS is $92,000, down 71.7% year-over-year. Homes sell in an average of 70 days with 8 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Minneapolis a buyer's or seller's market?
Minneapolis, KS is currently a balanced market, based on 1.6 months of supply and homes selling in about 70 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
70
Average pace
Active listings
8
1.6 months supply
Sale-to-list
88.8%
Below asking
What does the Minneapolis housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $92,000 |
| Median list price | $175,000 |
| Year-over-year price change | -71.7% |
| Average days on market | 70 days |
| Active inventory | 8 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 88.8% |
| Median price per sq ft | $91/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 1 |
| Listings with a price cut | 37.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Minneapolis by property type?
How the Minneapolis, KS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $92,000 | $91/sq ft | 5 | 70 days |
Source: Redfin · Updated monthly
The Minneapolis housing market is currently classified as a balanced market with a median sale price of $92,000. Prices have fallen 71.7% compared to last year, with homes spending an average of 70 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.5x provides context for how home values compare to local earning capacity.
Homes for sale in Minneapolis
There are currently 8 homes listed for sale in Minneapolis, Kansas. The median listing price is $175K.
Active listings
8
Homes on market
Median list price
$175K
Avg. days on market
70
Days until sale
New this week
1
Newly listed
Who lives in Minneapolis?
Population
2,101
Median income
$65,694/yr
Median age
39.6 years
Owner-occupied
66.5%
College grads
21.9%
Avg commute
21.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Minneapolis?
Zillow home value
$165,434
Price-to-income
2.5x
Source: Zillow Research
What is it like to live in Minneapolis?
Minneapolis is a community of approximately 2K residents with a median age of 39.6 years.The median household income is $65,694, which represents a working-class community with solid middle-income opportunities. 21.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 66.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Minneapolis offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Minneapolis?
2 schools tracked · 621 students
The largest public schools serving Minneapolis, KS by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Minneapolis Elementary
Grades PK-6 · 314 students
Minneapolis Jr-Sr High School
Grades 7-12 · 307 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Minneapolis, KS?
Want a head-to-head view? Compare Minneapolis side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Minneapolis?
The median home sale price in Minneapolis is $92,000, down 71.7% from last year.
How long do homes stay on market in Minneapolis?
Homes typically spend 70 days on market before going under contract.
What is the median income in Minneapolis?
The median household income is $65,694 per year.
Is Minneapolis a buyer's or seller's market?
With 1.6 months of supply, Minneapolis is currently a balanced market.
What is the Zillow home value estimate for Minneapolis?
The Zillow Home Value Index (ZHVI) for Minneapolis is $165,434, representing the typical home value in the area.
How much does a single-family home cost in Minneapolis?
The median single-family home price in Minneapolis, KS is $92,000 (about $91 per square foot).
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