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Minneapolis

Why you'd want to live in Minneapolis

Minneapolis, Minnesota is a dynamic city that blends urban energy with natural beauty. Known for its thriving arts scene, diverse neighborhoods, and strong local identity, Minneapolis offers residents access to world-class theaters, music venues, and museums. The city is also home to an extensive park system and scenic lakes, making it easy to enjoy outdoor activities year-round. With a strong emphasis on sustainability and innovation, Minneapolis attracts people who value progressive thinking and community engagement.

Minneapolis Market Report

$519,684

AVERAGE PRICE OF 1,799 HOMES

$391,225

AVERAGE PRICE OF 16 DISTRESSED HOMES

$1,969,268

AVERAGE PRICE OF 171 MULTI-MILLION DOLLAR HOMES

$761,924

AVERAGE PRICE OF 50 NEWLY BUILT HOMES

$656,658

AVERAGE PRICE OF 143 HOMES WITH A POOL

$442,825

AVERAGE PRICE OF 111 REDUCED PRICE HOMES

Average Home

Average Price $519,684
Avg Bedrooms 2.98 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

1 bedroom $221,956
2 bedrooms $452,322
3 bedrooms $469,533
4 bedrooms $594,124
5 bedrooms $851,984
Minneapolis Home Price Trends
  7/2026 6/2026 5/2026 4/2026 3/2026
Total Listings 1,789 n/a n/a 1,617 1,376
Average Price $540,541 n/a n/a $547,186 $550,641
Avg Price Change n/a n/a n/a -0.63% +1.92%
Median Price $364,460 n/a n/a $350,642 $341,233
Med Price Change n/a n/a n/a +2.76% +2.78%
Avg Bedrooms 3.01 beds n/a n/a 2.91 beds 2.88 beds
Avg Bathrooms 2.07 baths n/a n/a 2.05 baths 2.03 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,799 $519,684 70 days
Distressed Homes 16 $391,225 75 days
Multi-Million Dollar Homes 171 $1,969,268 119 days
Newly Built Homes 50 $761,924 87 days
Homes with a Pool 143 $656,658 83 days
Reduced Price Homes 111 $442,825 64 days
Coldwell Banker
Jessica Wagner
3033 Excelsior Blvd
Minneapolis, MN 55416
651-249-1631

Based on information submitted to the MLS GRID as of August 17, 2026 3 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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