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City / Town Overview

Minneapolis, MN

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Minneapolis, MN real estate market currently shows 3,815 active listings, with 880 pending sales. Homes are averaging 41.6 days on the market before going under contract.

Inventory has increased compared to last year, with 287 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 41.6 days on market compared to 39.5 days last year.

The median listing price has fallen 1.9% year-over-year, from $406,350 to $398,495.

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Market Context

Market Context

Population: 1,131,403  ·  Density: 2,114.0/mi²  ·  Median household income: $89,475

Typical home value: $338,672  ·  Homeownership: 62%

Included Areas

Minneapolis: 55403, 55407, 55408, 55412, 55417, 55418, 55420, 55421, 55422, 55423, 55424, 55425

North Loop: 55401, 55440

Downtown West: 55402

Ventura Village: 55404

Bryn Mawr: 55405

Howe: 55406

King Field: 55409

Fulton: 55410

Jordan: 55411

Beltrami: 55413

Prospect Park: 55414

Downtown East: 55415

Birchwood: 55416

Tangletown: 55419

Area Map

Market Overview

Active Listings
3,815
⇧ 8.1% vs 3,528 last year
Pending
880
23% pending ratio
Median Price
$398,495
⇩ 1.9% vs $406,350 last year
Average Price
$490,484
⇩ 5.1% vs $516,832 last year
Days on Market
41.6
⇧ 5.3% vs 40 days last year

Price Per Square Foot

Median $/sqft
$218
⇩ 2% vs $223/sqft last year
Median Home Size
1,747 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %