Minneapolis Real Estate Market Reports
Published monthly figures and local context for Minneapolis.
Latest published report
August 2026
In August 2026, the median sale price in Minneapolis was $368,000, up 6.7% from a year earlier.
The median sale price has increased by 7% from last year to $368,000.
Homes are selling 5 days longer than last year, averaging 53 days on market, and sellers are receiving 98.5% of their original asking price.
The area is currently a balanced market with 3.1 months of supply. Active inventory is up 9% from last year to 1,051 homes for sale.
Market trends in Minneapolis
| Month | Median sale price | Closed sales | Days on market | Months supply |
|---|---|---|---|---|
| September 2024 | $315,000 | 321 | 43 | 3.1 |
| October 2024 | $325,000 | 342 | 55 | 3 |
| November 2024 | $335,000 | 318 | 60 | 2.5 |
| December 2024 | $311,750 | 336 | 58 | 2 |
| January 2025 | $315,000 | 230 | 75 | 2.1 |
| February 2025 | $336,250 | 220 | 81 | 2.2 |
| March 2025 | $330,000 | 325 | 71 | 2.3 |
| April 2025 | $353,000 | 374 | 54 | 2.6 |
| May 2025 | $380,000 | 452 | 50 | 2.8 |
| June 2025 | $349,000 | 465 | 45 | 2.7 |
| July 2025 | $354,000 | 407 | 44 | 2.8 |
| August 2025 | $345,000 | 393 | 48 | 2.7 |
| September 2025 | $350,000 | 337 | 50 | 2.8 |
| October 2025 | $333,000 | 336 | 50 | 2.7 |
| November 2025 | $335,850 | 271 | 54 | 2.4 |
| December 2025 | $340,000 | 261 | 63 | 1.8 |
| January 2026 | $319,000 | 157 | 64 | 1.9 |
| February 2026 | $317,250 | 180 | 73 | 2.2 |
| March 2026 | $355,500 | 276 | 55 | 2.5 |
| April 2026 | $350,000 | 347 | 62 | 2.9 |
| May 2026 | $370,000 | 445 | 50 | 3.2 |
| June 2026 | $370,000 | 506 | 49 | 3.1 |
| July 2026 | $375,000 | 475 | 43 | 3.1 |
| August 2026 | $368,000 | 369 | 53 | 3.1 |
All monthly reports
2024
2025
Continue exploring
Data: NorthstarMLS Local Market Update via 10K Research, published September 12, 2026.