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Minneapolis Market Report

$446,349

AVERAGE PRICE OF 1,556 HOMES

$158,204

AVERAGE PRICE OF 21 DISTRESSED HOMES

$1,773,488

AVERAGE PRICE OF 95 MULTI-MILLION DOLLAR HOMES

$596,842

AVERAGE PRICE OF 176 NEWLY BUILT HOMES

$645,534

AVERAGE PRICE OF 145 HOMES WITH A POOL

$388,379

AVERAGE PRICE OF 78 REDUCED PRICE HOMES

Average Home

Average Price $446,349
Avg Bedrooms 2.78 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $249,495
2 bedrooms $386,908
3 bedrooms $392,823
4 bedrooms $556,904
5 bedrooms $916,085
Minneapolis Home Price Trends
  7/2019 6/2019 5/2019 4/2019 3/2019
Total Listings n/a 1,616 1,551 1,287 1,126
Average Price n/a $448,496 $455,445 $468,496 $469,865
Avg Price Change n/a -1.55% -2.87% -0.29% +3.30%
Median Price n/a $329,364 $337,632 $348,329 $352,583
Med Price Change n/a -2.51% -3.17% -1.22% +2.94%
Avg Bedrooms n/a 2.78 beds 2.8 beds 2.75 beds 2.74 beds
Avg Bathrooms n/a 2.07 baths 2.11 baths 2.11 baths 2.11 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,556 $446,349 54 days
Distressed Homes 21 $158,204 59 days
Multi-Million Dollar Homes 95 $1,773,488 140 days
Newly Built Homes 176 $596,842 124 days
Homes with a Pool 145 $645,534 106 days
Reduced Price Homes 78 $388,379 49 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 August 17, 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 August 17, 2019