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Minneapolis Market Report

$463,917

AVERAGE PRICE OF 1,319 HOMES

$144,929

AVERAGE PRICE OF 24 DISTRESSED HOMES

$1,908,714

AVERAGE PRICE OF 77 MULTI-MILLION DOLLAR HOMES

$631,527

AVERAGE PRICE OF 165 NEWLY BUILT HOMES

$607,522

AVERAGE PRICE OF 200 HOMES WITH A POOL

$460,808

AVERAGE PRICE OF 35 REDUCED PRICE HOMES

Average Home

Average Price $463,917
Avg Bedrooms 2.76 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $246,640
2 bedrooms $409,168
3 bedrooms $422,042
4 bedrooms $574,598
5 bedrooms $860,875
Minneapolis Home Price Trends
  3/2019 2/2019 1/2019 12/2018 11/2018
Total Listings 1,126 1,092 1,052 1,216 1,515
Average Price $469,865 $454,867 $453,040 $435,791 $432,110
Avg Price Change +3.30% +0.40% +3.96% +0.85% -0.98%
Median Price $352,583 $342,526 $335,489 $318,678 $315,013
Med Price Change +2.94% +2.10% +5.28% +1.16% -0.91%
Avg Bedrooms 2.74 beds 2.72 beds 2.76 beds 2.78 beds 2.78 beds
Avg Bathrooms 2.11 baths 2.1 baths 2.11 baths 2.08 baths 2.07 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,319 $463,917 64 days
Distressed Homes 24 $144,929 80 days
Multi-Million Dollar Homes 77 $1,908,714 159 days
Newly Built Homes 165 $631,527 161 days
Homes with a Pool 200 $607,522 135 days
Reduced Price Homes 35 $460,808 36 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 April 22, 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 April 22, 2019
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