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Featured local agent — New Brighton, MN
Sarah Mitchell
Compass Real Estate · New Brighton, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Brighton, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$385,000median sale price
How is the New Brighton, MN housing market right now?
The median home sale price in New Brighton, MN is $385,000, down 3.9% year-over-year. Homes sell in an average of 22 days with 47 active listings. The market is currently a 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 New Brighton a buyer's or seller's market?
New Brighton, MN is currently a seller's market, based on 2.8 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
22
Average pace
Active listings
47
2.8 months supply
Sale-to-list
101.9%
Above asking
What does the New Brighton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $385,000 |
| Median list price | $379,000 |
| Year-over-year price change | -3.9% |
| Average days on market | 22 days |
| Active inventory | 47 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 101.9% |
| Median price per sq ft | $212/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 22 |
| Listings with a price cut | 31.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in New Brighton by property type?
How the New Brighton, 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 | $440,000 | $249/sq ft | 13 | 17 days |
| Condo / Co-op | $184,500 | $183/sq ft | 2 | 80 days |
| Townhouse | $285,000 | $178/sq ft | 1 | 111 days |
Source: Redfin · Updated monthly
The New Brighton housing market is currently classified as a seller's market with a median sale price of $385,000. Prices have fallen 3.9% compared to last year, with homes spending an average of 22 days on market, indicating 2.8 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 4.5x provides context for how home values compare to local earning capacity.
Homes for sale in New Brighton
There are currently 47 homes listed for sale in New Brighton, Minnesota. The median listing price is $379K.
Active listings
47
Homes on market
Median list price
$379K
Avg. days on market
22
Days until sale
New this week
22
Newly listed
Who lives in New Brighton?
Population
22,900
Median income
$87,272/yr
Median age
37.1 years
Owner-occupied
64.1%
College grads
49.0%
Avg commute
21.1 min
Source: U.S. Census Bureau ACS
What are homes worth in New Brighton?
Zillow home value
$391,226
Zillow rent index
$1,416/mo
Price-to-rent ratio
23.0x
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in New Brighton?
New Brighton is a community of approximately 23K residents with a median age of 37.1 years.The median household income is $87,272, which reflects a relatively affluent area with strong earning potential. 49.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 64.1%, showing a blend of owner and renter-occupied properties. The average commute time is 21.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Brighton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve New Brighton?
9 schools tracked · 5,028 students
The largest public schools serving New Brighton, 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.
IRONDALE SENIOR HIGH
Grades 9-12 · 1,732 students
Highview Middle School
Grades 6-8 · 822 students
BEL AIR ELEMENTARY
Grades 1-5 · 723 students
Pike Lake Kindergarten Center
Grades PK-K · 564 students
SUNNYSIDE ELEMENTARY
Grades 1-5 · 488 students
GLOBAL ACADEMY
Grades K-8 · 444 students
ECSE PROGRAM
Grades PK · 120 students
BIRTH TO TWO ECSE
Grades PK · 91 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 New Brighton, MN?
Want a head-to-head view? Compare New Brighton side-by-side with any other U.S. city using our market-comparison tool.
Is New Brighton a good real estate investment market?
For investors evaluating New Brighton, the price-to-rent ratio of 23.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 3.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on New Brighton's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using New Brighton's median home price.
Frequently asked questions
What is the average home price in New Brighton?
The median home sale price in New Brighton is $385,000, down 3.9% from last year.
How long do homes stay on market in New Brighton?
Homes typically spend 22 days on market before going under contract.
What is the median income in New Brighton?
The median household income is $87,272 per year.
Is New Brighton a buyer's or seller's market?
With 2.8 months of supply, New Brighton is currently a seller's market.
What is the Zillow home value estimate for New Brighton?
The Zillow Home Value Index (ZHVI) for New Brighton is $391,226, representing the typical home value in the area.
What is the median condo price in New Brighton?
The median condo/co-op sale price in New Brighton, MN is $184,500, compared to $440,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in New Brighton?
The median single-family home price in New Brighton, MN is $440,000 (about $249 per square foot).
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