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City / Town Overview

Minneapolis, MN

Aggregate real estate market report across all ZIPs in scope
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2,071
⇩ 2.7% vs 2,129 last year
Pending
704
34% pending ratio
Median Price
$388,824
⇩ 1.5% vs $394,909 last year
Average Price
$503,506
⇩ 2.9% vs $518,738 last year
Days on Market
62.3
⇧ 2.5% vs 61 days last year

Market Analysis

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

The Minneapolis, MN real estate market currently shows 2,071 active listings, with 704 pending sales. Homes are averaging 62.3 days on the market before going under contract.

Inventory has tightened compared to last year, with 58 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 62.3 days on market compared to 60.8 days last year.

The median listing price has fallen 1.5% year-over-year, from $394,909 to $388,824.

Whether you are buying or selling in Minneapolis, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Minneapolis: 55401, 55402, 55403, 55404, 55405, 55406, 55407, 55408, 55409, 55410, 55411, 55412

Market Context

ZIP coverage: 67  ·  Population: 1,131,403  ·  Median household income: $89,475

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

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings