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Sarah Mitchell

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Compass Real Estate · Fridley, MN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Fridley, MN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
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Fridley, MN Housing Market

Strong seller's market-0.2% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Fridley, MN is worth $322,440, held roughly flat 0.2% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $340,300, +2.0% year over year (through May 2026). With 1.5 months of supply and homes going under contract in about 18 days, Fridley is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $322,440 home is about $1,721/mo in principal and interest.

Key numbers for Fridley, MN

Typical home value

$322,440

-0.2% in 12 months

Zillow, August 2026

Typical asking rent

$1,424/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$340,300

+2.0% year over year

Redfin, through May 2026

Days on market

18

Fast-moving

Redfin, through May 2026

Active listings

33

1.5 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$79,274

Home costs 4.1x income

U.S. Census ACS, 2023

Sale-to-list ratio

102.7%

Selling above asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Fridley a buyer's or seller's market?

Strong seller's market1.5 months of supply18 days on market102.7% of asking

Fridley, MN is a strong seller's market, based on 1.5 months of supply and homes selling in about 18 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Fridley housing market data show?

Every row below is Redfin's final published month for Fridley, MN. Redfin, through May 2026

Housing market statistics for Fridley, MN, Redfin through May 2026
MetricValue
Median sale price$340,300
Median list price$349,450
Year-over-year price change+2.0%
Median price per sq ft$197/sq ft
Median days on market18 days
Active inventory33 listings
Months of supply1.5 months
Sale-to-list price ratio102.7%
Homes sold (that month)22
New listings (that month)34
Listings with a price cut30.3%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Fridley is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Fridley is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Fridley home prices moved?

Over the last three years the median sale price in Fridley, MN rose 5.7%, from $322,000 to $340,300. The live Zillow value series has held roughly flat 0.2% in the last 12 months, which is the more current read now that Redfin's series has stopped. 30.3% of Fridley listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.5 months while the sale-to-list ratio slips below its current 102.7%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Fridley?

Priced off the typical home value of $322,440 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Fridley, MN
Down paymentCash at closeLoan amountMonthly P&I
20%$64,488$257,952$1,721/mo
5%$16,122$306,318$2,044/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,721, that implies roughly $73,773 a year before you add taxes and insurance. The median household in Fridley earns $79,274, about $5,501 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.1x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Fridley in the next 12 months?

Tell us your timeline. We send the Fridley market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Fridley?

Typical asking rent in Fridley, MN is $1,424/mo, against a typical home value of $322,440. That is a price-to-rent ratio of 18.9x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $1,721 a month — $297 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Fridley?

Active listings in Fridley, MN went from 38 in May 2025 to 33 in May 2026, a -13.2% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Fridley, MN
MonthActive listingsNew listings
June 20252840
July 20253736
August 20254026
September 20254232
October 20254733
November 20254218
December 20252910
January 20263214
February 20264027
March 20263227
April 20263733
May 20263334

Redfin, through May 2026

How does Fridley compare to Minnesota and the U.S.?

Fridley homes sell for $340,300 — 9% below the Minnesota median of $372,300. Against the national median of $410,700, Fridley runs 17% lower. Year-over-year, Fridley moved +2.0% against Minnesota's +1.3% — a bigger swing than the state as a whole.

Fridley, MN compared with Minnesota and the United States
MarketMedian sale priceYoYDays on market
Fridley, MN$340,300+2.0%18 days
Minnesota statewide$372,300+1.3%25 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Fridley

What buyers should watch

  • Months of supply, currently 1.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 30.3%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $323 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $322,440 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Fridley listing goes under contract in 18 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 102.7% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Fridley added 34 new listings against 22 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -0.2% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Fridley varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Fridley

There are currently 33 homes listed for sale in Fridley, Minnesota. The median listing price is $349K. Featured listings range from $117,000 to $500,000.

1 bedroom condo for sale at 1601 N Innsbruck Dr Unit 102NE Fridley 55432 - $117,000
New Listing
32
$117,000

1601 N Innsbruck Dr Unit 102NE

Fridley, MN 55432

1 bd1 ba620 sqft$189/ft²
Condo
View photos & details
3 bedroom townhouse for sale at 1068 Fillmore Cir NE Fridley 55432 - $225,000
New Listing
25
$225,000

1068 Fillmore Cir NE

Fridley, MN 55432

3 bd2 ba1,368 sqft$164/ft²
Townhouse1,045 sqft lot

Fritz Bredenbeck · Coldwell Banker Realty

View photos & details
2 bedroom townhouse for sale at 6495 Christenson Ln NE Fridley 55432 - $265,000
New Listing
24
$265,000

6495 Christenson Ln NE

Fridley, MN 55432

2 bd2 ba1,468 sqft$181/ft²
Townhouse871 sqft lot

Jason Huerkamp · Keller Williams Preferred Rlty

View photos & details
3 bedroom house for sale at 143 Horizon Cir NE Fridley 55421 - $315,000
New Listing
42
$315,000

143 Horizon Cir NE

Fridley, MN 55421

3 bd1 ba1,390 sqft$227/ft²
House9,409 sqft lot
View photos & details
3 bedroom house for sale at 811 Pandora Dr NE Fridley 55432 - $320,000
New Listing
46
$320,000

811 Pandora Dr NE

Fridley, MN 55432

3 bd2 ba1,779 sqft$180/ft²
House9,148 sqft lot
View photos & details
3 bedroom house for sale at 7516 Arthur St NE Fridley 55432 - $330,000
New Listing
13
$330,000

7516 Arthur St NE

Fridley, MN 55432

3 bd2 ba1,749 sqft$189/ft²
House10,019 sqft lot

Amy Behning · Fathom Realty MN, LLC

View photos & details
4 bedroom house for sale at 7596 Jackson St NE Fridley 55432 - $339,900
New Listing
5
$339,900

7596 Jackson St NE

Fridley, MN 55432

4 bd3 ba2,050 sqft$166/ft²
House9,148 sqft lot

Jeff Tollefson · RE MAX Advantage Plus

View photos & details
3 bedroom house for sale at 520 57th Ave NE Fridley 55432 - $350,000
New Listing
57
$350,000

520 57th Ave NE

Fridley, MN 55432

3 bd3 ba1,885 sqft$186/ft²
House10,149 sqft lot
View photos & details
4 bedroom house for sale at 7424 Able St NE Fridley 55432 - $396,900
New Listing
42
$396,900

7424 Able St NE

Fridley, MN 55432

4 bd2 ba1,986 sqft$200/ft²
House15,246 sqft lot

Tab Nesser · RE MAX Results

View photos & details
4 bedroom house for sale at 220 Rice Creek Ter NE Fridley 55432 - $399,900
New Listing
7
$399,900

220 Rice Creek Ter NE

Fridley, MN 55432

4 bd4 ba2,822 sqft$142/ft²
House11,326 sqft lot
View photos & details
4 bedroom house for sale at 171 Rice Creek Ter NE Fridley 55432 - $415,000
New Listing
40
$415,000

171 Rice Creek Ter NE

Fridley, MN 55432

4 bd3 ba2,236 sqft$186/ft²
House11,761 sqft lot

Kristofor Lindahl · Kris Lindahl Real Estate

View photos & details
4 bedroom multi-family for sale at 5347 4th St NE Fridley 55421 - $500,000
New Listing
44
$500,000

5347 4th St NE

Fridley, MN 55421

4 bd3 ba2,670 sqft$187/ft²
Multi-family8,712 sqft lot

Amy Foss · LaBelle Real Estate Group Inc

View photos & details

Looking to buy in Fridley?

Get connected with a local real estate expert — free, no obligation.

Active listings

33

Homes on market

Median list price

$349K

Avg. days on market

18

Days until sale

New this week

34

Newly listed

Price drops:30.3%of listings
Sale-to-list:102.7%

How much do homes cost in Fridley by property type?

How the Fridley, MN market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Fridley, MN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$350,000$200/sq ft1912 days
Condo / co-op$127,500$163/sq ft114 days
Townhouse$275,000$165/sq ft377 days

Who lives in Fridley?

American Community Survey estimates for Fridley. U.S. Census ACS, 2023

Population

29,944

Households

11,923

Median income

$79,274/yr

Median age

34.9 years

Owner-occupied

63.2%

Median home value

$277,100

Median gross rent

$1,270/mo

Mean commute

23.5 min

63.2% of occupied homes in Fridley are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $277,100 against Zillow's $322,440 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,270/mo, below Zillow's $1,424/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Fridley?

14 schools tracked · 3,779 students

The largest public schools serving Fridley, MN 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.

FRIDLEY SENIOR HIGH

Grades 9-12 · 799 students

Public

FRIDLEY MIDDLE

Grades 5-8 · 632 students

Public

Woodcrest El. Spanish Immersion

Grades K-4 · 555 students

Public

STEVENSON ELEMENTARY

Grades PK-4 · 446 students

Public

HAYES ELEMENTARY

Grades PK-4 · 431 students

Public

North Park School for Innovation

Grades PK-5 · 401 students

Public

Metro Heights Academy

Grades 9-12 · 190 students

Alternative

Voluntary Prekindergarten School

Grades PK · 134 students

Public

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 Fridley, MN?

Ordered by distance from Fridley, not by size. Compare Fridley side by side with any of them.

Which ZIP codes are in Fridley?

These are the ZIP codes we see on active Fridley listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Fridley housing market FAQ

Is Fridley a buyer's or seller's market?

Fridley, MN is currently a strong seller's market. That read comes from 1.5 months of supply, homes going under contract in about 18 days, and sellers getting 102.7% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Fridley?

The typical home in Fridley, MN is worth $322,440 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $340,300, about $197 per square foot.

Is Fridley cheaper than the rest of Minnesota?

Fridley's median sale price of $340,300 is 9% lower than the Minnesota statewide median of $372,300, and 17% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Fridley?

Homes in Fridley, MN spent a median of 18 days on market before going under contract, versus 25 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)

What income do you need to buy a home in Fridley?

At the current 30-year fixed rate of 7.03%, 20% down on a $322,440 home is about $1,721 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $73,773 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $79,274.

Are home prices rising in Fridley?

The typical home value in Fridley, MN held roughly flat 0.2% over the last 12 months, from $323,047 to $322,440 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Fridley?

Fridley ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Fridley?

That depends on your timeline, not on a headline. What the data says today: Fridley, MN is a strong seller's market with 1.5 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 18.9x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.

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