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Featured local agent — Nowthen, MN
Sarah Mitchell
Compass Real Estate · Nowthen, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Nowthen, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$593,750median sale price
How is the Nowthen, MN housing market right now?
The median home sale price in Nowthen, MN is $593,750, up 56.3% year-over-year. Homes sell in an average of 50 days with 8 active listings. The market is currently a balanced 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 Nowthen a buyer's or seller's market?
Nowthen, MN is currently a balanced market, based on 4.0 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
50
Average pace
Active listings
8
4.0 months supply
Sale-to-list
101.5%
Above asking
What does the Nowthen housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $593,750 |
| Median list price | $750,000 |
| Year-over-year price change | +56.3% |
| Average days on market | 50 days |
| Active inventory | 8 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 101.5% |
| Median price per sq ft | $216/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 5 |
| Listings with a price cut | 25.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Nowthen by property type?
How the Nowthen, 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 | $593,750 | $216/sq ft | 2 | 50 days |
Source: Redfin · Updated monthly
The Nowthen housing market is currently classified as a balanced market with a median sale price of $593,750. Prices have risen 56.3% compared to last year, with homes spending an average of 50 days on market, indicating 4.0 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 Nowthen
There are currently 8 homes listed for sale in Nowthen, Minnesota. The median listing price is $750K.
Active listings
8
Homes on market
Median list price
$750K
Avg. days on market
50
Days until sale
New this week
5
Newly listed
Who lives in Nowthen?
Population
4,539
Median income
$134,491/yr
Median age
40.5 years
Owner-occupied
97.5%
College grads
40.3%
Avg commute
25.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Nowthen?
Nowthen is a community of approximately 5K residents with a median age of 40.5 years.The median household income is $134,491, which reflects a relatively affluent area with strong earning potential. 40.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 97.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Nowthen offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Nowthen, MN?
Want a head-to-head view? Compare Nowthen side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Nowthen?
The median home sale price in Nowthen is $593,750, up 56.3% from last year.
How long do homes stay on market in Nowthen?
Homes typically spend 50 days on market before going under contract.
What is the median income in Nowthen?
The median household income is $134,491 per year.
Is Nowthen a buyer's or seller's market?
With 4.0 months of supply, Nowthen is currently a balanced market.
How much does a single-family home cost in Nowthen?
The median single-family home price in Nowthen, MN is $593,750 (about $216 per square foot).
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