• Minneapolis Market Report

    $451,366

    AVERAGE PRICE OF 1,616 HOMES

    $150,252

    AVERAGE PRICE OF 23 DISTRESSED HOMES

    $1,824,579

    AVERAGE PRICE OF 91 MULTI-MILLION DOLLAR HOMES

    $597,377

    AVERAGE PRICE OF 194 NEWLY BUILT HOMES

    $592,468

    AVERAGE PRICE OF 192 HOMES WITH A POOL

    $405,199

    AVERAGE PRICE OF 61 REDUCED PRICE HOMES

    Average Home

    Average Price $451,366
    Avg Bedrooms 2.78 beds
    Avg Bathrooms 2.09 baths

    Average Price by Bedrooms

    1 bedroom $259,772
    2 bedrooms $400,721
    3 bedrooms $386,520
    4 bedrooms $563,017
    5 bedrooms $916,392
    Minneapolis Home Price Trends
      4/2019 3/2019 2/2019 1/2019 12/2018
    Total Listings 1,287 1,126 1,092 1,052 1,216
    Average Price $468,496 $469,865 $454,867 $453,040 $435,791
    Avg Price Change -0.29% +3.30% +0.40% +3.96% +0.85%
    Median Price $348,329 $352,583 $342,526 $335,489 $318,678
    Med Price Change -1.22% +2.94% +2.10% +5.28% +1.16%
    Avg Bedrooms 2.75 beds 2.74 beds 2.72 beds 2.76 beds 2.78 beds
    Avg Bathrooms 2.11 baths 2.11 baths 2.1 baths 2.11 baths 2.08 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,616 $451,366 53 days
    Distressed Homes 23 $150,252 70 days
    Multi-Million Dollar Homes 91 $1,824,579 144 days
    Newly Built Homes 194 $597,377 118 days
    Homes with a Pool 192 $592,468 120 days
    Reduced Price Homes 61 $405,199 35 days