Minneapolis Market Report
$526,051
AVERAGE PRICE OF 1,513 HOMES$258,168
AVERAGE PRICE OF 37 DISTRESSED HOMES$2,013,520
AVERAGE PRICE OF 145 MULTI-MILLION DOLLAR HOMES$1,144,251
AVERAGE PRICE OF 36 NEWLY BUILT HOMES$686,569
AVERAGE PRICE OF 118 HOMES WITH A POOL$402,302
AVERAGE PRICE OF 64 REDUCED PRICE HOMESAverage Home
| Average Price | $526,051 |
| Avg Bedrooms | 2.12 beds |
| Avg Bathrooms | 1.55 baths |
Average Price by Bedrooms
| 1 bedroom | $216,684 |
| 2 bedrooms | $432,749 |
| 3 bedrooms | $486,145 |
| 4 bedrooms | $591,969 |
| 5 bedrooms | $1,164,591 |
Minneapolis Home Price Trends
| 10/2025 | 9/2025 | 8/2025 | 7/2025 | 6/2025 | |
|---|---|---|---|---|---|
| Total Listings | 1,583 | 1,634 | 1,587 | 1,574 | 1,673 |
| Average Price | $531,136 | $537,331 | $542,002 | $547,151 | $543,084 |
| Avg Price Change | -1.17% | -0.87% | -0.95% | +0.75% | -1.25% |
| Median Price | $352,461 | $357,333 | $358,013 | $365,342 | $365,916 |
| Med Price Change | -1.38% | -0.19% | -2.05% | -0.16% | +2.18% |
| Avg Bedrooms | 2.11 beds | 2.06 beds | 2.02 beds | 2.06 beds | 2.09 beds |
| Avg Bathrooms | 1.56 baths | 1.55 baths | 1.55 baths | 1.56 baths | 1.57 baths |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,513 | $526,051 | 78 days |
| Distressed Homes | 37 | $258,168 | 115 days |
| Multi-Million Dollar Homes | 145 | $2,013,520 | 146 days |
| Newly Built Homes | 36 | $1,144,251 | 115 days |
| Homes with a Pool | 118 | $686,569 | 116 days |
| Reduced Price Homes | 64 | $402,302 | 83 days |
