| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $439,450 | -1.9% YoY |
| Median price per sq ft | $212 | 2,021 sq ft median |
| Median days on market | 37 | +0% YoY |
| Active listings | 8,904 | +13% YoY |
| New listings this month | 6,638 | June 2026 |
| Listings with a price cut | 16% | Share of active |
| Median sale price (closed) | $390,772 | +0.2% YoY |
| Sale-to-list ratio | 99.5% | Closed sales |
| Gross rental yield | 4.6% | 2BR fair market rent |
Major metropolitan market · Minnesota · June 2026 data
Minneapolis Real Estate Market
As of June 2026, the median home listed in Minneapolis, MN asks $439,450 — down 1.9% year over year. Homes sell in a median of 37 days, with 8,904 active listings and 16% carrying a price cut — a seller-leaning market. Figures come from public records and industry data, updated monthly.
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
Minneapolis housing market statistics
The table summarizes Minneapolis's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.
How have home prices changed in Minneapolis?
Minneapolis home prices are down 1.9% year over year and +1.1% month over month as of June 2026, at a $439,450 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Minneapolis MN · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Minneapolis MN · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Minneapolis?
Minneapolis has 8,904 active listings, 6,638 new this month, 7,098 pending as of June 2026. About 16% of active listings have cut their price, and inventory sits at 77% of its 2019 level — a seller-leaning market by pace.
Is Minneapolis a good real estate investment?
Minneapolis scores 66/100 on WealthyBud's composite Investor Score, ranking #153 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
66/100
#153 of 932 covered metros
Price volatility
Medium
σ 5.6% · 20-yr price-index swings
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.
How much is a monthly mortgage payment in Minneapolis?
A home at Minneapolis's $439,450 median listing runs about $2,206 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.
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.
What is driving the Minneapolis housing market?
Longer-run demand in Minneapolis shows up in 14,353 homes permitted in 2025; net migration of -4,204 residents; +0.3% job growth. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.
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.
What is the latest Minneapolis real estate news?
Cities With the Fastest-growing Home Prices in MinnesotaStacker · 2026-06-29→Twin Cities metro sees more real estate activity but drop in home pricesFOX 9 Minneapolis-St. Paul · 2026-05-19→MN Housing Market Shows Shift Toward BuyersPatch · 2026-04-13→Home listings rose in Minnesota for April, but inventory remains lowMPR News · 2026-05-19→
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 by ZIP code
Median price, pace and inventory for 47 Minneapolis ZIPs — the spread behind the metro number.
Explore DirectoryTop agents in Minneapolis
The highest-producing real estate agents in Minneapolis, ranked by recent sales.
View DirectoryTop teams
The groups setting production records nationwide.
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Hours, exam and the commission that regulates Minnesota agents.
Read IncomeAgent salary in Minnesota
What real estate agents actually earn across Minnesota.
ReadMinneapolis housing market FAQ
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 much does it cost to buy a home in Minneapolis?
The median home listed in Minneapolis asks $439,450 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $2,206 a month in principal and interest, before taxes, insurance and HOA.
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 as of June 2026.
Is it a buyer's or seller's market in Minneapolis?
With a median 37 days on market and 16% of active listings carrying a price cut, Minneapolis reads as a seller-leaning market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Minneapolis a good place to invest in real estate?
Minneapolis scores 66/100 on WealthyBud's Investor Score, ranking #153 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
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, ranked by recent sales from public profile data.
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.
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