RealTrends Market Report
Minnesota, MN
Single-Family Homes
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Minnesota, MN
Tue Mar 31 2026
This week the median list price for Minnesota, MN is $439,900 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has held steady at or around 8,495.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.
Real-Time Market Profile
| Median List Price | $439,900 | |
| Median Price of New Listings | $399,900 | |
| Per Square Foot | $206 | |
| Average Days on Market | 123 | |
| Median Days on Market | 63 | |
| Price Decreased | 23% | |
| Price Increased | 2% | |
| Relisted | 13% | |
| Inventory | 8,495 | |
| Median Rent | ||
| Market Action | 38 | |
| Slight Seller's Advantage | ||
While this week the median didn’t fluctuate much, prices continue to sit at all time highs. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $925,000 | 3,630 | 0.5 - 1 acre | 4 | 3 | 12 | 231 | 148 | 77 |
| $529,000 | 2,408 | 0.25 - 0.5 acre | 4 | 2.5 | 10 | 281 | 266 | 49 |
| $365,000 | 1,870 | 0.25 - 0.5 acre | 3 | 2 | 40 | 397 | 336 | 42 |
| $200,000 | 1,393 | 8,000 - 10,000 sqft | 3 | 1.5 | 78 | 309 | 287 | 63 |