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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

$539,475

AVERAGE PRICE OF 1,151 HOMES

$262,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,260,071

AVERAGE PRICE OF 114 MULTI-MILLION DOLLAR HOMES

$1,252,422

AVERAGE PRICE OF 30 NEWLY BUILT HOMES

$655,632

AVERAGE PRICE OF 99 HOMES WITH A POOL

$407,087

AVERAGE PRICE OF 40 REDUCED PRICE HOMES

Average Home

Average Price $539,475
Avg Bedrooms 2.81 beds
Avg Bathrooms 1.98 baths

Average Price by Bedrooms

1 bedroom $206,564
2 bedrooms $442,023
3 bedrooms $424,710
4 bedrooms $587,968
5 bedrooms $1,220,781
Minneapolis Home Price Trends
  1/2026 12/2025 11/2025 10/2025 9/2025
Total Listings 1,021 1,198 1,473 1,583 1,634
Average Price $522,327 $525,600 $523,804 $531,136 $537,331
Avg Price Change -0.63% +0.34% -1.40% -1.17% -0.87%
Median Price $328,096 $337,983 $348,435 $352,461 $357,333
Med Price Change -3.01% -3.09% -1.16% -1.38% -0.19%
Avg Bedrooms 2.62 beds 2.28 beds 2.11 beds 2.11 beds 2.06 beds
Avg Bathrooms 1.84 baths 1.63 baths 1.54 baths 1.56 baths 1.55 baths
Total Homes Average Price Avg Days on Site
All Homes 1,151 $539,475 87 days
Distressed Homes 2 $262,500 170 days
Multi-Million Dollar Homes 114 $2,260,071 140 days
Newly Built Homes 30 $1,252,422 117 days
Homes with a Pool 99 $655,632 96 days
Reduced Price Homes 40 $407,087 70 days
Coldwell Banker
Jessica Wagner
3033 Excelsior Blvd
Minneapolis, MN 55416
651-249-1631

Based on information submitted to the MLS GRID as of February 13, 2026 8 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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