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City / Town Overview

Minneapolis, MN

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

Market Analysis

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

The Minneapolis, MN real estate market currently shows 3,852 active listings, with 1,211 pending sales. Homes are averaging 39.3 days on the market before going under contract.

Inventory has increased compared to last year, with 407 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 39.3 days on market compared to 38.8 days last year.

The median listing price has fallen 3.8% year-over-year, from $424,588 to $408,458.

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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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
3,852
⇧ 11.8% vs 3,445 last year
Pending
1,211
31% pending ratio
Median Price
$408,458
⇩ 3.8% vs $424,588 last year
Average Price
$500,595
⇩ 4.8% vs $525,794 last year
Days on Market
39.3
⇧ 1.3% vs 39 days last year

Price Per Square Foot

Median $/sqft
$221
⇩ 1.8% vs $225/sqft last year
Median Home Size
1,763 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 %