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Minneapolis Market Report

$456,788

AVERAGE PRICE OF 1,108 HOMES

$157,614

AVERAGE PRICE OF 25 DISTRESSED HOMES

$1,869,125

AVERAGE PRICE OF 64 MULTI-MILLION DOLLAR HOMES

$580,718

AVERAGE PRICE OF 206 NEWLY BUILT HOMES

$580,247

AVERAGE PRICE OF 218 HOMES WITH A POOL

$348,261

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

Average Home

Average Price $456,788
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $227,740
2 bedrooms $415,823
3 bedrooms $427,364
4 bedrooms $559,053
5 bedrooms $837,141
Minneapolis Home Price Trends
  1/2019 12/2018 11/2018 10/2018 9/2018
Total Listings 1,052 1,216 1,515 1,690 1,535
Average Price $453,040 $435,791 $432,110 $436,336 $452,085
Avg Price Change +3.96% +0.85% -0.98% -3.61% -10.12%
Median Price $335,489 $318,678 $315,013 $317,878 $322,494
Med Price Change +5.28% +1.16% -0.91% -1.45% -1.78%
Avg Bedrooms 2.76 beds 2.78 beds 2.78 beds 2.77 beds 2.78 beds
Avg Bathrooms 2.11 baths 2.08 baths 2.07 baths 2.06 baths 2.09 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,108 $456,788 77 days
Distressed Homes 25 $157,614 78 days
Multi-Million Dollar Homes 64 $1,869,125 175 days
Newly Built Homes 206 $580,718 132 days
Homes with a Pool 218 $580,247 120 days
Reduced Price Homes 26 $348,261 64 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 February 19, 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 February 19, 2019
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