Minneapolis, MN

Balanced market-7.2% YoY

Housing market overview · Updated weekly

$320,000median sale price

Homes sold

211

Last 12 weeks

Days on market

49

Average pace

Active listings

802

3.8 months supply

Sale-to-list

99.6%

Below asking

The Minneapolis housing market is currently classified as a balanced market with a median sale price of $320,000. Prices have fallen 7.2% compared to last year, with homes spending an average of 49 days on market, indicating 3.8 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 Minneapolis

There are currently 802 homes listed for sale in Minneapolis, Minnesota. The median listing price is $365K. Featured listings range from $40,000 to $900,000.

land for sale at 719 Russell Ave N Minneapolis - $40,000
$40,000

719 Russell Ave N

Minneapolis, MN

0 ba
Land5,663 sqft lot
More about this property
land for sale at 713 Russell Ave N Minneapolis - $40,000
$40,000

713 Russell Ave N

Minneapolis, MN

0 ba
Land5,663 sqft lot
More about this property
2 bedroom house for sale at 5053 Fremont Ave N Minneapolis - $199,000
$199,000

5053 Fremont Ave N

Minneapolis, MN

2 bd1 ba731 sqft
House6,098 sqft lot
More about this property
3 bedroom house for sale at 3650 Queen Ave N Minneapolis - $239,000
$239,000

3650 Queen Ave N

Minneapolis, MN

3 bd1 ba1,662 sqft
House5,227 sqft lot
More about this property
3 bedroom house for sale at 3247 Humboldt Ave N Minneapolis - $239,900
$239,900

3247 Humboldt Ave N

Minneapolis, MN

3 bd1 ba1,639 sqft
House8,276 sqft lot
More about this property
2 bedroom house for sale at 201 Bedford St SE Minneapolis - $285,000
$285,000

201 Bedford St SE

Minneapolis, MN

2 bd1 ba1,080 sqft
House6,098 sqft lot
More about this property
3 bedroom house for sale at 5340 Chicago Ave Minneapolis - $325,000
$325,000

5340 Chicago Ave

Minneapolis, MN

3 bd1 ba1,000 sqft
House4,792 sqft lot
More about this property
4 bedroom multi-family for sale at 2115-2117 Aldrich Ave N Minneapolis - $339,000
$339,000

2115-2117 Aldrich Ave N

Minneapolis, MN

4 bd2 ba2,392 sqft
Multi-family11,326 sqft lot
More about this property
3 bedroom house for sale at 2215 Saint Anthony Pkwy Minneapolis - $560,000
$560,000

2215 Saint Anthony Pkwy

Minneapolis, MN

3 bd3 ba2,322 sqft
House5,663 sqft lot
More about this property
2 bedroom condo for sale at 290 Market St Unit 314 Minneapolis - $595,000
$595,000

290 Market St Unit 314

Minneapolis, MN

2 bd2 ba1,997 sqft
Condo
More about this property
2 bedroom condo for sale at 401 S 1st St Unit 1812 Minneapolis - $729,000
$729,000

401 S 1st St Unit 1812

Minneapolis, MN

2 bd3 ba1,957 sqft
Condo1.62 acres
More about this property
4 bedroom house for sale at 5300 Logan Ave S Minneapolis - $900,000
$900,000

5300 Logan Ave S

Minneapolis, MN

4 bd3 ba2,860 sqft
House6,098 sqft lot
More about this property

Looking to buy in Minneapolis?

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Active listings

802

Homes on market

Median list price

$365K

Avg. days on market

49

Days until sale

New this week

409

Newly listed

Price drops:20.6%of listings
Sale-to-list:99.6%

Explore nearby cities in MN

Frequently asked questions

What is the average home price in Minneapolis?

The median home sale price in Minneapolis is $320,000, down 7.2% from last year.

How long do homes stay on market in Minneapolis?

Homes typically spend 49 days on market before going under contract.

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

With 3.8 months of supply, Minneapolis is currently a balanced market.

How many homes are for sale in Minneapolis?

There are currently 802 homes listed for sale in Minneapolis, MN.

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