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EXCELSIOR, MN 55331

Real Estate Market Report  ·  Hennepin County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
107
⇧ 13.8% vs 94 last year
Pending
43
40% pending ratio
Median Price
$1,695,000
⇧ 30.4% vs $1,299,875 last year
Average Price
$2,267,798
⇧ 41.7% vs $1,600,545 last year
Days on Market
86
⇧ 2.4% vs 84 days last year

Market Context

Population: 19,226  ·  Density: 454.9/mi²  ·  Median household income: $156,308

Typical home value: $676,627  ·  Homeownership: 87.1%

Market Analysis

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

The EXCELSIOR, MN real estate market (55331) currently shows 107 active listings, with 43 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 86 days on market compared to 84 days last year.

The median listing price has risen 30.4% year-over-year, from $1,299,875 to $1,695,000.

Whether you are buying or selling in EXCELSIOR, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 107 this year vs 94 last year
  • Days on market: 86 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $1,695,000 (+30.4% YoY)
  • Average: $2,267,798 (+41.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.2 miles — 765 listings ($794,063,259 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55331Excelsior, MN 553310.0 mi107$242,654,386$1,695,000$2,267,798
55386Victoria, MN 553864.1 mi26$19,372,756$729,900$745,106
55364Mound, MN 553644.2 mi57$60,323,955$492,500$1,058,315
55375Saint Bonifacius, MN 553756.0 mi3$1,410,000$470,000$470,000
55318Chaska, MN 553186.3 mi102$77,189,010$650,000$756,755
55356Long Lake, MN 553566.6 mi27$47,930,724$649,900$1,775,212
55347Eden Prairie, MN 553478.5 mi97$85,538,674$638,950$881,842
55447Minneapolis, MN 554479.0 mi30$14,926,140$394,950$497,538
55305Hopkins, MN 553059.4 mi62$45,492,438$260,000$733,749
55379Shakopee, MN 5537911.1 mi154$80,830,288$509,950$524,872
55436Minneapolis, MN 5543611.5 mi53$87,346,491$534,500$1,648,047
55439Minneapolis, MN 5543911.6 mi26$21,893,846$517,450$842,071
55388Watertown, MN 5538812.2 mi21$9,154,551$424,900$435,931

Frequently Asked Questions

How many homes are for sale in EXCELSIOR, MN 55331?

As of January 2026, there are 107 active listings in EXCELSIOR, MN (zip code 55331), compared to 94 the prior year.

What is the median home price in EXCELSIOR, MN 55331?

The median listing price in EXCELSIOR, MN 55331 is $1,695,000 as of January 2026, a 30.4% increase from $1,299,875 the prior year.

How long do homes stay on the market in EXCELSIOR, MN?

Homes in EXCELSIOR, MN 55331 spend an average of 86 days on the market before going under contract, compared to 84 days the prior year.

Is it a seller's or buyer's market in EXCELSIOR, MN 55331?

Based on current inventory and days-on-market data as of January 2026, EXCELSIOR, MN 55331 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 86 days on market compared to 84 days last year.

How much can I save on real estate commission in EXCELSIOR, MN?

With SELL123.com's maximum 3% commission, sellers in EXCELSIOR, MN 55331 save an estimated $33,900 compared to a typical 5% commission on the median listing price of $1,695,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.