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Eureka

EXCELSIOR, MN 55331

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 55331

Eureka

Market Analysis

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

The EXCELSIOR, MN real estate market (55331) currently shows 124 active listings, with 48 pending sales. Homes are averaging 88 days on the market before going under contract.

Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 88 days on market compared to 58 days last year.

The median listing price has risen 33.9% year-over-year, from $1,299,925 to $1,740,239.

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
124
⇧ 22.8% vs 101 last year
Pending
48
39% pending ratio
Median Price
$1,740,239
⇧ 33.9% vs $1,299,925 last year
Average Price
$2,307,713
⇧ 40.9% vs $1,638,392 last year
Days on Market
88
⇧ 51.7% vs 58 days last year

Price Per Square Foot

Median $/sqft
$447
⇧ 18.3% vs $378/sqft last year
Median Home Size
3,710 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 124 this year vs 101 last year
  • Days on market: 88 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $1,740,239 (+33.9% YoY)
  • Average: $2,307,713 (+40.9% 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 — 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 February 2026, there are 124 active listings in EXCELSIOR, MN (zip code 55331), compared to 101 the prior year.

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

The median listing price in EXCELSIOR, MN 55331 is $1,740,239 as of February 2026, a 33.9% increase from $1,299,925 the prior year.

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

Homes in EXCELSIOR, MN 55331 spend an average of 88 days on the market before going under contract, compared to 58 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 February 2026, EXCELSIOR, MN 55331 is currently a Buyer's Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 88 days on market compared to 58 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 $34,805 compared to a typical 5% commission on the median listing price of $1,740,239. 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.