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  • Minneapolis Market Report

    $477,542

    AVERAGE PRICE OF 1,162 HOMES

    $175,231

    AVERAGE PRICE OF 29 DISTRESSED HOMES

    $1,922,110

    AVERAGE PRICE OF 72 MULTI-MILLION DOLLAR HOMES

    $608,666

    AVERAGE PRICE OF 190 NEWLY BUILT HOMES

    $596,932

    AVERAGE PRICE OF 208 HOMES WITH A POOL

    $410,969

    AVERAGE PRICE OF 26 REDUCED PRICE HOMES

    Average Home

    Average Price $477,542
    Avg Bedrooms 2.75 beds
    Avg Bathrooms 2.12 baths

    Average Price by Bedrooms

    1 bedroom $231,917
    2 bedrooms $421,332
    3 bedrooms $442,888
    4 bedrooms $595,131
    5 bedrooms $872,087
    Minneapolis Home Price Trends
      2/2019 1/2019 12/2018 11/2018 10/2018
    Total Listings 1,092 1,052 1,216 1,515 1,690
    Average Price $454,867 $453,040 $435,791 $432,110 $436,336
    Avg Price Change +0.40% +3.96% +0.85% -0.98% -3.61%
    Median Price $342,526 $335,489 $318,678 $315,013 $317,878
    Med Price Change +2.10% +5.28% +1.16% -0.91% -1.45%
    Avg Bedrooms 2.72 beds 2.76 beds 2.78 beds 2.78 beds 2.77 beds
    Avg Bathrooms 2.1 baths 2.11 baths 2.08 baths 2.07 baths 2.06 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,162 $477,542 73 days
    Distressed Homes 29 $175,231 86 days
    Multi-Million Dollar Homes 72 $1,922,110 166 days
    Newly Built Homes 190 $608,666 146 days
    Homes with a Pool 208 $596,932 132 days
    Reduced Price Homes 26 $410,969 42 days
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