Minnesota Real Estate Market Sees Home Sales Fall

In this week's report, the number of homes sold in the Minnesota market fell to 5,560 over the past 30 days, a decrease of 8.0% from last week's report, but still above the monthly average. Potential buyers should note that prices went up in Minnesota, with the median for this period rising from $221,500 to $222,750. In spite of the decrease in sales, a low three months of inventory signals that Minnesota is a seller's market.

If you're looking for a more established home, then be sure to see these listings in Minnesota that were built before most others in the market:

$152K   $487K   $164K  

Get started right now by checking out Minnesota homes for sale or reviewing Minnesota real estate trends.

Demographic facts for Minnesota:

  • The rating for this area for population growth is 58. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 286.7 per 100,000 people.
  • The area's health cost index score is 104.7. (100 = national average)
  • 77.8% of the residents commute to work alone in their car, 9.4% via carpool, and 3.3% by way of public transit.

Data reported through 10/19/2016


Ask a local expert about this area:
Realty Connect, Llc
Snapped 218 homes in this area
Edina Realty, Inc.
Snapped 15 homes in this area
Coldwell Banker Burnet
Snapped 83 homes in this area

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