Minneapolis, MN housing market
The typical Minneapolis home is worth about $329,000, up 0.6% in a year, 6% below the Minnesota typical home. Homes typically sell in 20 days, a little above asking.
Home values, sales, trends and how Minneapolis compares with the towns next door — updated as new data is published.
Minneapolis at a glance
A seller's market
Supply is tight — about 2.3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Minneapolis | Minnesota |
|---|---|---|
| 2017 | $235,000 | $217,000 |
| 2018 | $256,000 | $232,000 |
| 2019 | $273,000 | $246,000 |
| 2020 | $283,000 | $259,000 |
| 2021 | $301,000 | $282,000 |
| 2022 | $313,000 | $313,000 |
| 2023 | $316,000 | $325,000 |
| 2024 | $320,000 | $331,000 |
| 2025 | $327,000 | $341,000 |
| 2026 | $331,000 | $349,000 |
| August 2026 | $329,000 | $351,000 |
Minneapolis and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Minneapolis | $329K | +0.6% | 20 | $80,846 |
| Richfield | $347K | +1.7% | 14 | $85,132 |
| St. Paul | $294K | +0.8% | 21 | $73,394 |
| St. Anthony | $400K | +0.9% | 11 | $97,363 |
| Golden Valley | $438K | +2.8% | 14 | $108,772 |
| St. Louis Park | $380K | +0.7% | 15 | $101,648 |
| Brooklyn Center | $298K | +0.4% | 28 | $72,535 |
4.1 years of income
The typical Minneapolis home costs about 4.1 years of the town's median household income, about the same as across Minnesota (3.9).
How Minneapolis ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.