If you need assistance, please call 612-599-3484

Minneapolis Market Report

$467,143

AVERAGE PRICE OF 1,382 HOMES

$352,318

AVERAGE PRICE OF 20 DISTRESSED HOMES

$1,972,360

AVERAGE PRICE OF 101 MULTI-MILLION DOLLAR HOMES

$978,304

AVERAGE PRICE OF 53 NEWLY BUILT HOMES

$532,268

AVERAGE PRICE OF 93 HOMES WITH A POOL

$409,118

AVERAGE PRICE OF 32 REDUCED PRICE HOMES

Average Home

Average Price $467,143
Avg Bedrooms 2.76 beds
Avg Bathrooms 1.86 baths

Average Price by Bedrooms

1 bedroom $214,001
2 bedrooms $379,016
3 bedrooms $449,704
4 bedrooms $504,236
5 bedrooms $631,841
Minneapolis Home Price Trends
  10/2022 9/2022 8/2022 7/2022 6/2022
Total Listings 1,650 1,728 1,813 1,827 n/a
Average Price $476,652 $483,071 $478,770 $483,076 n/a
Avg Price Change -1.35% +0.90% -0.90% n/a n/a
Median Price $330,554 $339,405 $345,692 $350,000 n/a
Med Price Change -2.68% -1.85% -1.25% n/a n/a
Avg Bedrooms 2.23 beds 2.21 beds 2.26 beds 2.27 beds n/a
Avg Bathrooms 1.61 baths 1.59 baths 1.64 baths 1.66 baths n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,382 $467,143 65 days
Distressed Homes 20 $352,318 95 days
Multi-Million Dollar Homes 101 $1,972,360 89 days
Newly Built Homes 53 $978,304 91 days
Homes with a Pool 93 $532,268 78 days
Reduced Price Homes 32 $409,118 45 days
RE/MAX Results - The Change Agents Group
Lisa Dunn
7700 France Avenue Suite #230
Edina, MN 55435
612-599-3484
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Kelly Kelly
401 E. 8th St, Suite 203
Sioux Falls, SD 57103
605-376-3482

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 Lisa Dunn - RE/MAX Results are marked with the Broker ReciprocitySM logo or the Broker Reciprocity 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. Copyright2022Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated November 29, 2022
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