RealTrends Market Report

Minnesota, MN

Single-Family Homes

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Minnesota, MN

Fri Apr 12 2024
This week the median list price for Minnesota, MN is $450,000 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has held steady at or around 6,456. 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

Minnesota, MN

Fri Apr 12 2024
This week the median list price for Minnesota, MN is $450,000 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has held steady at or around 6,456. 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

Real-Time Market Profile

Never miss important changes in the Minnesota market.
Median List Price $450,000
Median Price of New Listings $375,000
Per Square Foot $207
Average Days on Market 108
Median Days on Market 42
Price Decreased 23%
Price Increased 3%
Relisted 13%
Inventory 6,456
Median Rent
Market Action 44
Slight Seller's Advantage

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 3,716 0.5 - 1 acre 4 3 12 118 155 63
$535,990 2,495 0.25 - 0.5 acre 4 2.5 4 144 258 42
$379,995 1,898 0.25 - 0.5 acre 3 2 28 236 406 35
$215,000 1,447 8,000 - 10,000 sqft 3 1.8 74 249 335 42