Brooklyn Park, MN Housing Market & Real Estate

Balanced market-13.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Brooklyn Park, MN is $298,700, down 13.4% year-over-year. Homes sell in an average of 64 days with 97 active listings. The market is currently a balanced market.

$298,700median sale price

Is Brooklyn Park a buyer's or seller's market?

Balanced market2.0 months of supply64 avg. days on market

Brooklyn Park, MN is currently a balanced market, based on 2.0 months of supply and homes selling in about 64 days. How we determine this →

Homes sold

48

Last 12 weeks

Days on market

64

Average pace

Active listings

97

2.0 months supply

Sale-to-list

99.6%

Below asking

Brooklyn Park, MN market data

Current housing market statistics for Brooklyn Park, MN
MetricValue
Median sale price$298,700
Median list price$350,000
Year-over-year price change-13.4%
Average days on market64 days
Active inventory97 listings
Months of supply2.0 months
Sale-to-list price ratio99.6%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Brooklyn Park housing market is currently classified as a balanced market with a median sale price of $298,700. Prices have fallen 13.4% compared to last year, with homes spending an average of 64 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Brooklyn Park

There are currently 97 homes listed for sale in Brooklyn Park, Minnesota. The median listing price is $350K.

Active listings

97

Homes on market

Median list price

$350K

Avg. days on market

64

Days until sale

New this week

54

Newly listed

Price drops:27.8%of listings
Sale-to-list:99.6%

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Frequently asked questions

What is the average home price in Brooklyn Park?

The median home sale price in Brooklyn Park is $298,700, down 13.4% from last year.

How long do homes stay on market in Brooklyn Park?

Homes typically spend 64 days on market before going under contract.

Is Brooklyn Park a buyer's or seller's market?

With 2.0 months of supply, Brooklyn Park is currently a balanced market.

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