RealTrends Market Report

Minnesota, MN

Single-Family Homes

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Minnesota, MN

Wed Jun 17 2026
This week the median list price for Minnesota, MN is $449,900 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has increased to 11,408. 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

Wed Jun 17 2026
This week the median list price for Minnesota, MN is $449,900 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has increased to 11,408. 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 $449,900
Median Price of New Listings $399,000
Per Square Foot $210
Average Days on Market 93
Median Days on Market 42
Price Decreased 35%
Price Increased 1%
Relisted 11%
Inventory 11,408
Median Rent
Market Action 43
Slight Seller's Advantage

Prices appear to be hovering around their high point. Look for a persistent down-shift 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
$913,581 3,559 0.5 - 1 acre 4 3.3 20 195 300 56
$542,795 2,496 0.25 - 0.5 acre 4 2.5 22 294 384 42
$375,250 1,875 0.25 - 0.5 acre 3 2 41 404 585 35
$218,000 1,344 8,000 - 10,000 sqft 3 1.5 72 360 477 42