If you need assistance, please call 952-649-1456

Minneapolis Market Report

$477,998

AVERAGE PRICE OF 1,154 HOMES

$198,720

AVERAGE PRICE OF 30 DISTRESSED HOMES

$1,932,070

AVERAGE PRICE OF 71 MULTI-MILLION DOLLAR HOMES

$607,188

AVERAGE PRICE OF 187 NEWLY BUILT HOMES

$591,442

AVERAGE PRICE OF 206 HOMES WITH A POOL

$524,987

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $477,998
Avg Bedrooms 2.76 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $233,856
2 bedrooms $417,473
3 bedrooms $445,727
4 bedrooms $597,094
5 bedrooms $854,209
Minneapolis Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 1,092 1,052 1,216 1,515 1,690
Average Price $454,867 $453,040 $435,791 $432,110 $436,336
Avg Price Change +0.40% +3.96% +0.85% -0.98% -3.61%
Median Price $342,526 $335,489 $318,678 $315,013 $317,878
Med Price Change +2.10% +5.28% +1.16% -0.91% -1.45%
Avg Bedrooms 2.72 beds 2.76 beds 2.78 beds 2.78 beds 2.77 beds
Avg Bathrooms 2.1 baths 2.11 baths 2.08 baths 2.07 baths 2.06 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,154 $477,998 73 days
Distressed Homes 30 $198,720 84 days
Multi-Million Dollar Homes 71 $1,932,070 168 days
Newly Built Homes 187 $607,188 148 days
Homes with a Pool 206 $591,442 132 days
Reduced Price Homes 24 $524,987 53 days
RE/MAX Advantage Plus - The Minnesota Real Estate Team
The Minnesota Real Estate Team
8809 Wood Cliff Road
Bloomington, MN 55438
952-649-1456

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 Advantage Real Estate and Property Management are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) 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.” Copyright2019Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated March 26, 2019
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 are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) 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.” Copyright2019Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated March 26, 2019
;