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Minneapolis Market Report

$447,163

AVERAGE PRICE OF 1,555 HOMES

$150,082

AVERAGE PRICE OF 23 DISTRESSED HOMES

$1,733,373

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

$434,091

AVERAGE PRICE OF 83 REDUCED PRICE HOMES

Average Home

Average Price $447,163
Avg Bedrooms 2.76 beds
Avg Bathrooms 2.07 baths

Average Price by Bedrooms

1 bedroom $252,222
2 bedrooms $393,166
3 bedrooms $382,924
4 bedrooms $579,949
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 1,555 $447,163 55 days
Distressed Homes 23 $150,082 82 days
Multi-Million Dollar Homes 100 $1,733,373 130 days
Newly Built Homes 195 $583,397 120 days
Homes with a Pool 157 $631,117 113 days
Reduced Price Homes 83 $434,091 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 21, 2019