RealTrends Market Report

Minnesota, MN

Single-Family Homes

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Minnesota, MN

Sun Apr 26 2026
This week the median list price for Minnesota, MN is $437,000 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has increased to 10,259. Click here to stay informed with the Minnesota market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Minnesota, MN

Sun Apr 26 2026
This week the median list price for Minnesota, MN is $437,000 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has increased to 10,259. Click here to stay informed with the Minnesota market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Minnesota market.
Median List Price $437,000
Median Price of New Listings $389,000
Per Square Foot $206
Average Days on Market 100
Median Days on Market 35
Price Decreased 23%
Price Increased 3%
Relisted 10%
Inventory 10,259
Median Rent
Market Action 40
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$899,900 3,542 0.5 - 1 acre 4 3 18 309 196 49
$525,000 2,421 0.25 - 0.5 acre 4 2.5 20 424 358 35
$364,900 1,848 0.25 - 0.5 acre 3 2 38 554 467 28
$209,900 1,350 6,500 - 8,000 sqft 3 1.5 73 520 436 28