Ramsey Real Estate Market Report: August 2026

In August 2026, the median sale price in Ramsey was $399,900, up 8.7% from a year earlier.

Median Sales Price
$399,900
+8.7% vs. August 2025
Homes for Sale
105
+1% vs. August 2025
Months Supply
2.6
-7.1% vs. August 2025
Seller's market
Days on Market
36
+20% vs. August 2025
Closed Sales
43
+13.2% vs. August 2025
Percent of Original List Received
99.4%
+0 pts vs. August 2025

What this means

The median sale price has increased by 9% from last year to $399,900.

Homes are selling 6 days longer than last year, averaging 36 days on market, and sellers are receiving 99.4% of their original asking price.

The area is currently a seller's market with 2.6 months of supply. Active inventory is holding steady at 105 homes for sale.

In this seller's market, buyers should be prepared to act quickly, while sellers can generally expect strong interest if priced correctly.

Common questions about the Ramsey market

Is Ramsey a buyer's or seller's market?

Ramsey was a seller's market in August 2026, with 2.6 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 105 homes for sale.

How fast are homes selling in Ramsey?

Homes that sold in August 2026 spent an average of 36 days on market, 6 days slower than a year earlier. Sellers received 99.4% of their original list price on average.

Are home prices going up in Ramsey?

Yes. The median sale price rose 8.7% year over year to $399,900. Price per square foot moved the other way (from $186 to $185), which suggests the change mostly reflects the mix of homes sold.

Market trends in Ramsey

Ramsey monthly market data
MonthMedian sale priceClosed salesDays on marketMonths supply
September 2024$382,45026272.8
October 2024$348,98330402.7
November 2024$405,00043412.4
December 2024$418,00036512
January 2025$408,90025431.7
February 2025$359,90031582.1
March 2025$401,00031482.4
April 2025$334,50040302.4
May 2025$421,95048392.4
June 2025$422,45054502
July 2025$401,00041382.8
August 2025$368,00038302.8
September 2025$389,90037362.8
October 2025$367,00045342.8
November 2025$397,45026422.8
December 2025$353,00042552.1
January 2026$355,00025692
February 2026$374,90025652.2
March 2026$380,50036632.1
April 2026$394,95042532.4
May 2026$344,99041412.5
June 2026$395,00056422.6
July 2026$415,00044462.3
August 2026$399,90043362.6

How Ramsey compares with the Twin Cities region

In August 2026, the median sale price in Twin Cities (16-County Region) was $405,000, up 1.3% from a year earlier.

Read the August 2026 regional report

More to explore

Data: NorthstarMLS Local Market Update via 10K Research, published September 12, 2026.

Report published .

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