Brian Leneweaver

Minneapolis-St. Paul-Bloomington, MN-WI

Single-Family Homes

Real Estate Professional - Minnesota & Wisconsin


Minneapolis-St. Paul-Bloomington, MN-WI

Wed Sep 09 2026
This week the median list price for Minneapolis-St. Paul-Bloomington, MN-WI is $499,900 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has increased to 6,772. Click here to stay informed with the Minneapolis-St. Paul-Bloomington market!

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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Minneapolis-St. Paul-Bloomington, MN-WI

Wed Sep 09 2026
This week the median list price for Minneapolis-St. Paul-Bloomington, MN-WI is $499,900 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has increased to 6,772. Click here to stay informed with the Minneapolis-St. Paul-Bloomington market!

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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Minneapolis-St. Paul-Bloomington market.
Median List Price $499,900
Median Price of New Listings $429,900
Per Square Foot $216
Average Days on Market 93
Median Days on Market 49
Price Decreased 40%
Price Increased 1%
Relisted 18%
Inventory 6,772
Median Rent
Market Action 41
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
$999,900 3,958 0.5 - 1 acre 4 3.3 15 109 149 77
$587,090 2,741 0.25 - 0.5 acre 4 2.8 13 152 195 56
$434,900 2,096 0.25 - 0.5 acre 4 2 33 162 224 42
$302,000 1,512 6,500 - 8,000 sqft 3 1.8 68 226 280 35