MinneapolisHousing Market

Live market data for Minneapolis, Minnesota. Median prices, inventory, days on market, and AI-powered trend analysis — backed by Redfin MLS data.

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Median Sale Price

+7.3% YoY

$289,975

Prices in Minneapolis have appreciated +7.3% compared to last year.

Days on Market

Typical selling pace for this market.

Active Listings

218

71 sold (30d)

Price / Sq Ft

$145

Median listing PPSF

Months of Inventory

1.2

Seller's Market

Sold (30 days)

In ZIP 55401

AI Market Analysis

WHAT'S HAPPENING IN MINNEAPOLIS RIGHT NOW

The Minneapolis, MN housing market currently shows a median sale price of $289,975 — up +7.3% year-over-year. Homes are selling in an average of 47 days, with 218 active listings available.

With 1.2 months of inventory, Minneapolis is currently a seller's market. Sellers hold the leverage — well-priced homes move fast and often attract multiple offers. Buyers should be ready to act decisively and lead with strong offers. Price per square foot sits at $145.

In the last 30 days, 71 homes have sold in this market. Real estate agents in Minneapolis use MarketPulse to send branded weekly market updates to past clients, helping them stay top-of-mind and earn repeat business.

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COMMON QUESTIONS ABOUT MINNEAPOLIS

Quick answers based on the latest market data.

What's the median home price in Minneapolis, MN?+

As of June 2026, the median home sale price in Minneapolis, MN is $289,975. This is up +7.3% year-over-year.

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

Minneapolis currently has 1.2 months of inventory, making it a seller's market. Inventory is tight (under 4 months) which favors sellers — homes move quickly and often attract multiple offers.

How long do homes take to sell in Minneapolis?+

Homes in Minneapolis are currently selling in an average of 47 days. This is a typical pace for the market.

How is this data calculated?+

Market data is aggregated from Redfin's public MLS feeds and updated daily. Median prices reflect closed sales, days on market measures listing-to-contract time, and inventory is calculated from active listings divided by the recent sales pace.

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