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City / Town Overview

Minneapolis, MN

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

Market Analysis

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

The Minneapolis, MN real estate market currently shows 3,287 active listings, with 1,411 pending sales. Homes are averaging 30.8 days on the market before going under contract.

Inventory has increased compared to last year, with 120 more homes available — giving buyers more choice.

Homes are selling faster, averaging 30.8 days on market compared to 31.2 days last year.

The median listing price has fallen 2.9% year-over-year, from $422,016 to $409,756.

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: 55402, 55412, 55413, 55420, 55421, 55422, 55423, 55424, 55425, 55427, 55428, 55429

Cedar-Riverside: 55404, 55415

St Anthony West: 55401

Loring Park: 55403

Bryn Mawr: 55405

Howe: 55406

Powderhorn Park: 55407

South Uptown: 55408

King Field: 55409

Fulton: 55410

Near-North: 55411

Prospect Park - East River Road: 55414

Birchwood: 55416

Keewaydin: 55417

Area Map

Market Overview

Active Listings
3,287
⇧ 3.8% vs 3,167 last year
Pending
1,411
43% pending ratio
Median Price
$409,756
⇩ 2.9% vs $422,016 last year
Average Price
$527,702
⇩ 0.5% vs $530,476 last year
Days on Market
30.8
⇩ 1.3% vs 31 days last year

Price Per Square Foot

Median $/sqft
$229
⇧ 1.2% vs $226/sqft last year
Median Home Size
1,732 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 %