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  • Minneapolis Market Report

    $447,163

    AVERAGE PRICE OF 1,555 HOMES

    $150,082

    AVERAGE PRICE OF 23 DISTRESSED HOMES

    $1,733,373

    AVERAGE PRICE OF 100 MULTI-MILLION DOLLAR HOMES

    $583,397

    AVERAGE PRICE OF 195 NEWLY BUILT HOMES

    $631,117

    AVERAGE PRICE OF 157 HOMES WITH A POOL

    $434,091

    AVERAGE PRICE OF 83 REDUCED PRICE HOMES

    Average Home

    Average Price $447,163
    Avg Bedrooms 2.76 beds
    Avg Bathrooms 2.07 baths

    Average Price by Bedrooms

    1 bedroom $252,222
    2 bedrooms $393,166
    3 bedrooms $382,924
    4 bedrooms $579,949
    5 bedrooms $907,056
    Minneapolis Home Price Trends
      6/2019 5/2019 4/2019 3/2019 2/2019
    Total Listings 1,616 1,551 1,287 1,126 1,092
    Average Price $448,496 $455,445 $468,496 $469,865 $454,867
    Avg Price Change -1.55% -2.87% -0.29% +3.30% +0.40%
    Median Price $329,364 $337,632 $348,329 $352,583 $342,526
    Med Price Change -2.51% -3.17% -1.22% +2.94% +2.10%
    Avg Bedrooms 2.78 beds 2.8 beds 2.75 beds 2.74 beds 2.72 beds
    Avg Bathrooms 2.07 baths 2.11 baths 2.11 baths 2.11 baths 2.1 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,555 $447,163 55 days
    Distressed Homes 23 $150,082 82 days
    Multi-Million Dollar Homes 100 $1,733,373 130 days
    Newly Built Homes 195 $583,397 120 days
    Homes with a Pool 157 $631,117 113 days
    Reduced Price Homes 83 $434,091 42 days