Minneapolis, MN Real Estate Market Summary – September 8, 2026
In Minneapolis, MN, there were 430 homes sold in the last month, averaging a pace of about 14 homes per day. The market shows an average living area of 1,867 square feet and a median sale price of $360,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 430 |
| Sold Per Day | 14.33 |
| Average SQFT | 1867 |
| Median Sales Price | $360,000 |
| Average Sales Price | $439,499 |
| Average Price Per SQFT | $237 |
| Average Days on Market | 17 |
| Average Year Built | 1939 |
Minneapolis, MN Single Family Home Analysis
For single-family homes, a total of 303 properties were sold, with a median sale price of $368,000. These homes had an average living area of 1,945 square feet and typically spent about 17 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 303 |
| Sold Per Day | 10.10 |
| Average SQFT | 1945 |
| Median Sales Price | $368,000 |
| Average Sales Price | $463,510 |
| Average Price Per SQFT | $239 |
| Average Days on Market | 17 |
| Average Year Built | 1931 |
Minneapolis, MN Condo & Townhome Analysis
In the condo and townhome segment, 91 units were sold, with a median sale price of $227,000. The average living space for these homes was 1,291 square feet, and they averaged 17 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 91 |
| Sold Per Day | 3.03 |
| Average SQFT | 1291 |
| Median Sales Price | $227,000 |
| Average Sales Price | $366,191 |
| Average Price Per SQFT | $252 |
| Average Days on Market | 17 |
| Average Year Built | 1975 |
Buyer & Seller Analysis
- Average size of homes sold is 1,867 square feet.
- The median sale price for homes is $360,000.
- Pace of homes sold is 14.33 per day.
- Average days on market is around 17 days.
- State regulations prevent disclosure of sale prices.
Conclusion
Overall, the housing market in Minneapolis illustrates a steady volume of transactions with consistent pricing. Buyers and sellers can expect typical market dynamics based on recent activity.