Minneapolis Real Estate Market Reports
Published monthly figures and local context for Minneapolis.
Latest published report
September 2026
In September 2026, the median sale price in Minneapolis was $350,750, essentially unchanged from a year earlier.
Home values are holding steady within one percent of last year, with a median sale price of $350,750.
Homes are selling 5 days longer than last year, averaging 55 days on market, and sellers are receiving 97.4% of their original asking price.
The area is currently a balanced market with 3.4 months of supply. Active inventory is up 11% from last year to 1,136 homes for sale.
Market trends in Minneapolis
| Month | Median sale price | Closed sales | Days on market | Months supply |
|---|---|---|---|---|
| October 2024 | $325,000 | 342 | 55 | 3 |
| November 2024 | $335,000 | 318 | 60 | 2.5 |
| December 2024 | $311,750 | 336 | 58 | 2 |
| January 2025 | $315,000 | 230 | 75 | 2.1 |
| February 2025 | $336,250 | 220 | 81 | 2.2 |
| March 2025 | $330,000 | 325 | 71 | 2.3 |
| April 2025 | $353,000 | 374 | 54 | 2.6 |
| May 2025 | $380,000 | 452 | 50 | 2.8 |
| June 2025 | $349,000 | 465 | 45 | 2.7 |
| July 2025 | $354,000 | 407 | 44 | 2.8 |
| August 2025 | $345,000 | 393 | 48 | 2.7 |
| September 2025 | $350,000 | 343 | 50 | 2.9 |
| October 2025 | $333,000 | 336 | 50 | 2.7 |
| November 2025 | $335,850 | 271 | 54 | 2.4 |
| December 2025 | $340,000 | 261 | 63 | 1.8 |
| January 2026 | $319,000 | 157 | 64 | 1.9 |
| February 2026 | $317,250 | 180 | 73 | 2.2 |
| March 2026 | $355,500 | 276 | 55 | 2.5 |
| April 2026 | $350,000 | 347 | 62 | 2.9 |
| May 2026 | $370,000 | 445 | 50 | 3.2 |
| June 2026 | $370,000 | 506 | 49 | 3.1 |
| July 2026 | $375,000 | 475 | 43 | 3.1 |
| August 2026 | $368,000 | 369 | 53 | 3.1 |
| September 2026 | $350,750 | 352 | 55 | 3.4 |
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Data: NorthstarMLS Local Market Update via 10K Research, published October 12, 2026.