Twin Cities (16-County Region) Real Estate Market Reports
Published monthly figures and local context for Twin Cities (16-County Region).
Latest published report
August 2026
In August 2026, the median sale price in Twin Cities (16-County Region) was $405,000, up 1.3% from a year earlier.
The median sale price has increased by 1% from last year to $405,000.
Homes are selling 3 days longer than last year, averaging 45 days on market, and sellers are receiving 98.2% of their original asking price.
The area is currently a balanced market with 3 months of supply. Active inventory is up 8% from last year to 11,698 homes for sale.
Market trends in Twin Cities (16-County Region)
| Month | Median sale price | Closed sales | Days on market | Months supply |
|---|---|---|---|---|
| September 2024 | $379,999 | 3,807 | 39 | 2.9 |
| October 2024 | $381,950 | 4,102 | 45 | 2.8 |
| November 2024 | $376,000 | 3,470 | 50 | 2.5 |
| December 2024 | $370,000 | 3,358 | 56 | 2 |
| January 2025 | $370,000 | 2,435 | 66 | 2 |
| February 2025 | $380,000 | 2,429 | 69 | 2.1 |
| March 2025 | $380,000 | 3,330 | 59 | 2.2 |
| April 2025 | $399,900 | 3,935 | 50 | 2.4 |
| May 2025 | $395,000 | 4,712 | 44 | 2.7 |
| June 2025 | $401,500 | 5,060 | 39 | 2.7 |
| July 2025 | $395,000 | 4,591 | 40 | 2.8 |
| August 2025 | $400,000 | 4,695 | 42 | 2.8 |
| September 2025 | $390,000 | 4,092 | 44 | 2.7 |
| October 2025 | $389,900 | 4,116 | 48 | 2.7 |
| November 2025 | $387,000 | 3,275 | 50 | 2.4 |
| December 2025 | $380,000 | 3,419 | 58 | 1.9 |
| January 2026 | $375,000 | 2,003 | 63 | 1.9 |
| February 2026 | $380,000 | 2,200 | 69 | 2.1 |
| March 2026 | $380,000 | 3,242 | 62 | 2.3 |
| April 2026 | $392,000 | 3,800 | 57 | 2.6 |
| May 2026 | $399,000 | 4,713 | 45 | 2.8 |
| June 2026 | $410,000 | 5,602 | 42 | 2.8 |
| July 2026 | $408,000 | 5,071 | 40 | 3 |
| August 2026 | $405,000 | 4,627 | 45 | 3 |
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Data: NorthstarMLS Local Market Update via 10K Research, published September 12, 2026.