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Eureka

EXCELSIOR, MN 55331

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

Neighborhoods in ZIP 55331

Eureka

Market Analysis

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

The EXCELSIOR, MN real estate market (55331) currently shows 142 active listings, with 60 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 64 days on market compared to 31 days last year.

The median listing price has risen 39.4% year-over-year, from $1,299,438 to $1,811,250.

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 Context

Market Context

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

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

Market Overview

Active Listings
142
⇧ 1.4% vs 140 last year
Pending
60
42% pending ratio
Median Price
$1,811,250
⇧ 39.4% vs $1,299,438 last year
Average Price
$2,429,109
⇧ 39% vs $1,748,099 last year
Days on Market
64
⇧ 106.5% vs 31 days last year

Price Per Square Foot

Median $/sqft
$450
⇧ 25.3% vs $359/sqft last year
Median Home Size
3,869 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 142 this year vs 140 last year
  • Days on market: 64 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $1,811,250 (+39.4% YoY)
  • Average: $2,429,109 (+39% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.2 miles — 869 listings ($916,857,156 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55331Excelsior, MN 553310.0 mi124$286,156,412$1,740,239$2,307,713
55386Victoria, MN 553864.1 mi31$21,498,097$654,400$693,487
55364Mound, MN 553644.2 mi68$72,876,484$489,975$1,071,713
55375Saint Bonifacius, MN 553756.0 mi1$399,900$399,900$399,900
55318Chaska, MN 553186.3 mi121$90,899,072$667,505$751,232
55356Long Lake, MN 553566.6 mi26$47,349,822$1,024,175$1,821,147
55347Eden Prairie, MN 553478.5 mi101$89,170,880$639,725$882,880
55447Minneapolis, MN 554479.0 mi38$20,945,790$422,475$551,205
55305Hopkins, MN 553059.4 mi74$57,577,032$331,250$778,068
55379Shakopee, MN 5537911.1 mi155$81,939,975$511,348$528,645
55436Minneapolis, MN 5543611.5 mi69$107,943,117$637,475$1,564,393
55439Minneapolis, MN 5543911.6 mi31$26,309,545$628,700$848,695
55388Watertown, MN 5538812.2 mi30$13,791,030$421,900$459,701

Frequently Asked Questions

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

As of March 2026, there are 142 active listings in EXCELSIOR, MN (zip code 55331), compared to 140 the prior year.

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

The median listing price in EXCELSIOR, MN 55331 is $1,811,250 as of March 2026, a 39.4% increase from $1,299,438 the prior year.

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

Homes in EXCELSIOR, MN 55331 spend an average of 64 days on the market before going under contract, compared to 31 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 March 2026, EXCELSIOR, MN 55331 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 64 days on market compared to 31 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 $36,225 compared to a typical 5% commission on the median listing price of $1,811,250. 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.