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Minneapolis Market Report

$433,361

AVERAGE PRICE OF 1,685 HOMES

$203,158

AVERAGE PRICE OF 31 DISTRESSED HOMES

$1,774,477

AVERAGE PRICE OF 90 MULTI-MILLION DOLLAR HOMES

$581,083

AVERAGE PRICE OF 290 NEWLY BUILT HOMES

$589,264

AVERAGE PRICE OF 319 HOMES WITH A POOL

$401,136

AVERAGE PRICE OF 588 REDUCED PRICE HOMES

Average Home

Average Price $433,361
Avg Bedrooms 2.76 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $213,772
2 bedrooms $400,698
3 bedrooms $401,239
4 bedrooms $526,353
5 bedrooms $740,290
Minneapolis Home Price Trends
  9/2018 8/2018 7/2018 6/2018 5/2018
Total Listings 1,535 926 830 759 701
Average Price $452,085 $497,817 $515,053 $547,421 $549,758
Avg Price Change -10.12% -3.46% -6.28% -0.43% n/a
Median Price $322,494 $328,234 $334,376 $354,720 $351,512
Med Price Change -1.78% -1.87% -6.08% +0.91% n/a
Avg Bedrooms 2.78 beds 2.87 beds 2.85 beds 2.87 beds 2.77 beds
Avg Bathrooms 2.09 baths 2.19 baths 2.21 baths 2.26 baths 2.25 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,685 $433,361 49 days
Distressed Homes 31 $203,158 64 days
Multi-Million Dollar Homes 90 $1,774,477 151 days
Newly Built Homes 290 $581,083 52 days
Homes with a Pool 319 $589,264 51 days
Reduced Price Homes 588 $401,136 74 days