Twin Cities (16-County Region) Real Estate Market Report: April 2026
In April 2026, the median sale price in Twin Cities (16-County Region) was $392,000, down 2.0% from a year earlier.
- Median Sales Price
- $392,000
- -2% vs. April 2025
- Homes for Sale
- 9,847
- +7.2% vs. April 2025
- Months Supply
- 2.6
- +8.3% vs. April 2025
- Seller's market
- Days on Market
- 57
- +14% vs. April 2025
- Closed Sales
- 3,800
- -3.4% vs. April 2025
- Percent of Original List Received
- 99.3%
- -0.4 pts vs. April 2025
What this means
The median sale price has decreased by 2% from last year to $392,000.
Homes are selling 7 days longer than last year, averaging 57 days on market, and sellers are receiving 99.3% of their original asking price.
The area is currently a seller's market with 2.6 months of supply. Active inventory is up 7% from last year to 9,847 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 Twin Cities market
Is Twin Cities (16-County Region) a buyer's or seller's market?
Twin Cities (16-County Region) was a seller's market in April 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 9,847 homes for sale.
How fast are homes selling in Twin Cities (16-County Region)?
Homes that sold in April 2026 spent an average of 57 days on market, 7 days slower than a year earlier. Sellers received 99.3% of their original list price on average.
Are home prices going up in Twin Cities (16-County Region)?
No. The median sale price fell 2.0% year over year to $392,000.
Market trends in Twin Cities (16-County Region)
| Month | Median sale price | Closed sales | Days on market | Months supply |
|---|---|---|---|---|
| August 2024 | $389,000 | 4,573 | 40 | 2.8 |
| 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 |
More to explore
Data: NorthstarMLS Local Market Update via 10K Research, published August 24, 2026.
Report published .
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