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Minneapolis Market Report

$454,494

AVERAGE PRICE OF 1,050 HOMES

$168,152

AVERAGE PRICE OF 25 DISTRESSED HOMES

$1,943,455

AVERAGE PRICE OF 56 MULTI-MILLION DOLLAR HOMES

$557,676

AVERAGE PRICE OF 211 NEWLY BUILT HOMES

$588,292

AVERAGE PRICE OF 220 HOMES WITH A POOL

$314,795

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $454,494
Avg Bedrooms 2.76 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $221,256
2 bedrooms $415,325
3 bedrooms $410,685
4 bedrooms $558,557
5 bedrooms $771,290
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 1,050 $454,494 80 days
Distressed Homes 25 $168,152 95 days
Multi-Million Dollar Homes 56 $1,943,455 199 days
Newly Built Homes 211 $557,676 115 days
Homes with a Pool 220 $588,292 111 days
Reduced Price Homes 28 $314,795 59 days
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