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Minneapolis Market Report

$465,073

AVERAGE PRICE OF 1,389 HOMES

$356,965

AVERAGE PRICE OF 21 DISTRESSED HOMES

$1,969,084

AVERAGE PRICE OF 100 MULTI-MILLION DOLLAR HOMES

$978,304

AVERAGE PRICE OF 53 NEWLY BUILT HOMES

$530,165

AVERAGE PRICE OF 95 HOMES WITH A POOL

$405,706

AVERAGE PRICE OF 31 REDUCED PRICE HOMES

Average Home

Average Price $465,073
Avg Bedrooms 2.77 beds
Avg Bathrooms 1.86 baths

Average Price by Bedrooms

1 bedroom $217,131
2 bedrooms $377,884
3 bedrooms $447,847
4 bedrooms $508,542
5 bedrooms $628,843
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 1,389 $465,073 63 days
Distressed Homes 21 $356,965 92 days
Multi-Million Dollar Homes 100 $1,969,084 89 days
Newly Built Homes 53 $978,304 88 days
Homes with a Pool 95 $530,165 75 days
Reduced Price Homes 31 $405,706 51 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. Copyright2022Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated November 26, 2022
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