Major metropolitan market · Minnesota · June 2026 data

Minneapolis Real Estate Market

The Minneapolis, MN housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Minneapolis report in a click.

Median listing price
$439,450
▼ 1.9% YoY
Median $ / sq ft
$212
2,021 sq ft median
Median days on market
37
June 2026
Active listings
8,904
For sale now
New listings
6,638
June 2026
Listings with price cuts
16%
Share of active
Median sale price (closed)
$390,772
▲ 0.2% YoY · closed sales
Sale-to-list ratio
99.5%
Closed sales
Homes sold / month
4,043
Closed sales
Median listing price trend
$448K$437K$425K$414K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Minneapolis MN · trailing 8 quarters · source: public records and industry data.

The 10-year view
$460K$432K$404K$375K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Minneapolis MN · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
8,904
New this month
6,638
Pending
7,098
Price-reduced
1,465

As of June 2026, the median home listed in Minneapolis, MN asks $439,450 — down 1.9% from a year ago. Homes are taking a median of 37 days to go under contract, and 16% of the 8,904 active listings have taken a price cut, which points to a seller-leaning market. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
66/100
#153 of 932 covered metros
12-month outlook
+1.5%
Flat · model output, not advice
Price volatility
Medium
σ 5.6% · 20-yr price-index swings
Momentum
54
Value
66
Rental yield
73
Supply risk
42
Market heat
86

Minneapolis scores 66/100 on our composite Investor Score (#153 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 32% over five years and +74% over ten, leaving prices 47% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,700/mo for a two-bedroom, the gross rental yield on the median listing is about 4.6%; active inventory sits at 77% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 1.9% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Minneapolis ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,981/mo
−$225/mo vs today
At today's rate · 6.43%
$2,206/mo
National weekly average
If rates rise 1% · 7.43%
$2,441/mo
+$235/mo vs today

Principal & interest on the $439,450 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
14,353
▼ 3.2% vs 2024
3.9 per 1,000 residents
Net migration (2022–2023)
-4,204
▼ people, via tax-return records
net income flow −$1201.4M/yr
Job growth (YoY)
+0.3%
▲ 2,022.9k nonfarm jobs · May 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

Minneapolis market news

Minneapolis sees increased real estate activity and some price drops, but low inventory persists despite rising listings, signaling a potential shift towards buyers. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Minneapolis market FAQs

What is the median home price in Minneapolis?
As of June 2026, the median listing price in Minneapolis, MN is $439,450, down 1.9% year over year (source: public records and industry data).
How fast are homes selling in Minneapolis?
The median property in Minneapolis spends 37 days on the market, with 8,904 homes actively listed and 16% of them carrying a price cut — a seller-leaning market by pace.
Who are the top real estate agents in Minneapolis?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Minneapolis and the wider Minnesota market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.