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Minneapolis Market Report

$569,126

AVERAGE PRICE OF 1,524 HOMES

$249,452

AVERAGE PRICE OF 20 DISTRESSED HOMES

$2,111,895

AVERAGE PRICE OF 164 MULTI-MILLION DOLLAR HOMES

$1,611,877

AVERAGE PRICE OF 52 NEWLY BUILT HOMES

$723,831

AVERAGE PRICE OF 143 HOMES WITH A POOL

$424,103

AVERAGE PRICE OF 95 REDUCED PRICE HOMES

Average Home

Average Price $569,126
Avg Bedrooms 2.2 beds
Avg Bathrooms 1.69 baths

Average Price by Bedrooms

1 bedroom $240,624
2 bedrooms $462,480
3 bedrooms $482,844
4 bedrooms $714,532
5 bedrooms $1,013,659
Minneapolis Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 1,588 1,532 1,424 1,366 1,196
Average Price $574,369 $574,334 $581,378 $564,765 $561,050
Avg Price Change +0.01% -1.23% +2.94% +0.66% +1.39%
Median Price $375,807 $375,000 $375,515 $363,605 $338,133
Med Price Change +0.22% -0.14% +3.28% +7.53% +2.52%
Avg Bedrooms 2.23 beds 2.24 beds 2.29 beds 2.28 beds 2.25 beds
Avg Bathrooms 1.72 baths 1.74 baths 1.76 baths 1.71 baths 1.64 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,524 $569,126 61 days
Distressed Homes 20 $249,452 93 days
Multi-Million Dollar Homes 164 $2,111,895 119 days
Newly Built Homes 52 $1,611,877 133 days
Homes with a Pool 143 $723,831 72 days
Reduced Price Homes 95 $424,103 53 days
RE/MAX Results
Kerby Skurat
1143 South Shore Dr.
Plymouth, MN 55441
612-444-1110

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 Kerby Skurat - searchhousesinminneapolis.com 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. Copyright2024Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated July 18, 2024
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