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City / Town Overview

Minneapolis, MN

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

Market Analysis

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

The Minneapolis, MN real estate market currently shows 2,420 active listings, with 965 pending sales. Homes are averaging 41.2 days on the market before going under contract.

Inventory has increased compared to last year, with 85 more homes available — giving buyers more choice.

Homes are selling faster, averaging 41.2 days on market compared to 41.6 days last year.

The median listing price has risen 0.1% year-over-year, from $406,494 to $406,912.

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: 55401, 55402, 55403, 55404, 55405, 55406, 55407, 55408, 55409, 55410, 55411, 55412

Area Map

Market Overview

Active Listings
2,420
⇧ 3.6% vs 2,335 last year
Pending
965
40% pending ratio
Median Price
$406,912
⇧ 0.1% vs $406,494 last year
Average Price
$525,710
⇧ 0.1% vs $525,092 last year
Days on Market
41.2
⇩ 1% vs 42 days last year

Price Per Square Foot

Median $/sqft
$222
⇩ 1% vs $224/sqft last year
Median Home Size
1,730 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 %