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Minneapolis, MN Market Report

April 2026Updated from 1,000 active listings

$350,000

Median Price

1,000

Active Listings

$254

Avg $/sqft

21

Avg Days on Market

Price Distribution

Under $500K
714
71%
$500K–$1M
218
22%
$1M–$2.5M
6%
$2.5M–$5M
1%

Property Types

Single Family (548 · 55%)Condo (279 · 28%)Multi-Family (130 · 13%)Townhouse (24 · 2%)Land (19 · 2%)

Average Home Profile

3

Bedrooms

2

Bathrooms

1,838

Square Feet

Year Built

April 2026 Market Summary

The Minneapolis real estate market in Minnesota currently has 1,000 active listings with a median asking price of $350,000. Prices range from $22,000 to $4,450,000, with an average of $470,309. Buyers can expect to pay around $254 per square foot.

Single Family homes dominate the market at 55% of inventory, followed by Condo at 28%. The typical listing offers 3 bedrooms and 2 bathrooms in 1,838 square feet. Homes spend an average of 21 days on market before going under contract.

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