If you need assistance, please call 612-314-6330

Minneapolis Market Report

$446,984

AVERAGE PRICE OF 1,554 HOMES

$152,365

AVERAGE PRICE OF 23 DISTRESSED HOMES

$1,733,573

AVERAGE PRICE OF 100 MULTI-MILLION DOLLAR HOMES

$583,397

AVERAGE PRICE OF 195 NEWLY BUILT HOMES

$631,117

AVERAGE PRICE OF 157 HOMES WITH A POOL

$417,433

AVERAGE PRICE OF 81 REDUCED PRICE HOMES

Average Home

Average Price $446,984
Avg Bedrooms 2.75 beds
Avg Bathrooms 2.07 baths

Average Price by Bedrooms

1 bedroom $252,135
2 bedrooms $392,151
3 bedrooms $382,521
4 bedrooms $585,008
5 bedrooms $907,056
Minneapolis Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 1,616 1,551 1,287 1,126 1,092
Average Price $448,496 $455,445 $468,496 $469,865 $454,867
Avg Price Change -1.55% -2.87% -0.29% +3.30% +0.40%
Median Price $329,364 $337,632 $348,329 $352,583 $342,526
Med Price Change -2.51% -3.17% -1.22% +2.94% +2.10%
Avg Bedrooms 2.78 beds 2.8 beds 2.75 beds 2.74 beds 2.72 beds
Avg Bathrooms 2.07 baths 2.11 baths 2.11 baths 2.11 baths 2.1 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,554 $446,984 54 days
Distressed Homes 23 $152,365 81 days
Multi-Million Dollar Homes 100 $1,733,573 129 days
Newly Built Homes 195 $583,397 119 days
Homes with a Pool 157 $631,117 112 days
Reduced Price Homes 81 $417,433 42 days
Jason Huerkamp
14300 Nicollet Court # 208
Burnsville, MN 55306
612-314-6330

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.” Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.” Copyright2019Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated July 20, 2019