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Featured local agent — Empire, MN
Sarah Mitchell
Compass Real Estate · Empire, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Empire, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$445,750median sale price
How is the Empire, MN housing market right now?
The median home sale price in Empire, MN is $445,750, up 22.0% year-over-year. Homes sell in an average of 10 days with 7 active listings. The market is currently a strong seller's 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 Empire a buyer's or seller's market?
Empire, MN is currently a strong seller's market, based on 1.2 months of supply and homes selling in about 10 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
10
Fast-moving
Active listings
7
1.2 months supply
Sale-to-list
101.4%
Above asking
What does the Empire housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $445,750 |
| Median list price | $549,900 |
| Year-over-year price change | +22.0% |
| Average days on market | 10 days |
| Active inventory | 7 listings |
| Months of supply | 1.2 months |
| Sale-to-list price ratio | 101.4% |
| Median price per sq ft | $192/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 3 |
| Listings with a price cut | 28.6% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Empire by property type?
How the Empire, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $445,750 | $192/sq ft | 6 | 10 days |
| Townhouse | $240,000 | $173/sq ft | 1 | 87 days |
Source: Redfin · Updated monthly
The Empire housing market is currently classified as a strong seller's market with a median sale price of $445,750. Prices have risen 22.0% compared to last year, with homes spending an average of 10 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Empire
There are currently 7 homes listed for sale in Empire, Minnesota. The median listing price is $550K.
Active listings
7
Homes on market
Median list price
$550K
Avg. days on market
10
Days until sale
New this week
3
Newly listed
Which cities are near Empire, MN?
Want a head-to-head view? Compare Empire side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Empire?
The median home sale price in Empire is $445,750, up 22.0% from last year.
How long do homes stay on market in Empire?
Homes typically spend 10 days on market before going under contract.
Is Empire a buyer's or seller's market?
With 1.2 months of supply, Empire is currently a strong seller's market.
How much does a single-family home cost in Empire?
The median single-family home price in Empire, MN is $445,750 (about $192 per square foot).
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