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Minneapolis Market Report

$455,019

AVERAGE PRICE OF 1,045 HOMES

$168,152

AVERAGE PRICE OF 25 DISTRESSED HOMES

$1,933,025

AVERAGE PRICE OF 57 MULTI-MILLION DOLLAR HOMES

$562,654

AVERAGE PRICE OF 210 NEWLY BUILT HOMES

$590,776

AVERAGE PRICE OF 221 HOMES WITH A POOL

$402,715

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

Average Home

Average Price $455,019
Avg Bedrooms 2.78 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $219,385
2 bedrooms $415,326
3 bedrooms $408,856
4 bedrooms $561,167
5 bedrooms $747,361
Minneapolis Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 1,216 1,515 1,690 1,535 926
Average Price $435,791 $432,110 $436,336 $452,085 $497,817
Avg Price Change +0.85% -0.98% -3.61% -10.12% -3.46%
Median Price $318,678 $315,013 $317,878 $322,494 $328,234
Med Price Change +1.16% -0.91% -1.45% -1.78% -1.87%
Avg Bedrooms 2.78 beds 2.78 beds 2.77 beds 2.78 beds 2.87 beds
Avg Bathrooms 2.08 baths 2.07 baths 2.06 baths 2.09 baths 2.19 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,045 $455,019 81 days
Distressed Homes 25 $168,152 93 days
Multi-Million Dollar Homes 57 $1,933,025 197 days
Newly Built Homes 210 $562,654 116 days
Homes with a Pool 221 $590,776 111 days
Reduced Price Homes 26 $402,715 70 days
RE/MAX Advantage Plus - The Minnesota Real Estate Team
The Minnesota Real Estate Team
8809 Wood Cliff Road
Bloomington, MN 55438
952-649-1456

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Advantage Real Estate and Property Management are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.” Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.” Copyright2019Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated January 19, 2019
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.” Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.” Copyright2019Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated January 19, 2019
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