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Midwest☀️ Hot Market

Minnesota Real Estate Market

2026 Housing Market Data · Live Analysis

MARKET HEAT
7
out of 10
Median Home Price
$318K
$178/sqft
YoY Appreciation
+3.8%
Year-over-year
Days on Market
22d
Median DOM
Inventory
2.2mo
Low
List-to-Sale
100%
Avg ratio
Cash Buyers
22%
of all sales
📰

Minnesota Market Overview

Minnesota's Twin Cities represent the most economically diversified metro in the Midwest — healthcare (Mayo Clinic, UHC), retail (Target, Best Buy), financial services, and agriculture all contribute. The market is consistently competitive without being extreme, offering a healthy balance of inventory and demand.

🏠 Buyer Insight

Northeast Minneapolis and St. Paul's Summit-University neighborhood are seeing strong investment activity. Rochester is a highly stable market driven by Mayo Clinic employment.

📋 Seller Insight

Twin Cities buyers are quality-conscious. Presentation and condition drive premium results. Don't skip the pre-inspection — buyers here expect it.

🏙️

Top Cities in Minnesota

CityMedian PriceYoY ChangeDays on MarketPrice/Sqft
Minneapolis$348K+3.8%18d$198
St. Paul$298K+3.4%22d$168
Rochester$288K+3.2%24d$158
📊

Market Health Indicators

Market Velocity
Active — typical transaction pace
Buyer Competition
Moderate — at or near asking
Inventory Pressure
Low — seller's market conditions
Investment Momentum
3.8% annual appreciation — solid growth
👥

Buyer Demographics

🏠
40%
First-Time Buyers
of all purchases
💵
22%
Cash Buyers
of all purchases
⏱️
38d
Avg Close Time
from offer to close
⚠️
2.8/10K
Foreclosure Rate
homes in default
🧮

Affordability Calculator — Minnesota

🏠 Affordability Calculator
Tailored for Minnesota market conditions
TOTAL MONTHLY PAYMENT
$2,524
per month
Principal & Interest
$1,879/mo
Property Tax
$292/mo
Insurance
$150/mo
PMI (< 20% down)
$203/mo
LOAN: $286,200TOTAL INTEREST: $390,240
Market Characteristics
#midwest#healthcare-hub#diversified#four-seasons#stable
📊 CURRENT RATESMar 9, 2026
30-YR FIXED
15-YR FIXED
5/1 ARM
JUMBO 30-YR
WK CHANGE 30-YR: 0.04%
MN Quick Facts
Median Price$318K
Price/Sqft$178
YoY Appreciation+3.8%
Days on Market22 days
Inventory2.2 months
Active Listings14,800
List-to-Sale100.0%
Avg Close Time38 days
Market Trend☀️ Warm
RegionMidwest
Midwest Region
ILIllinois
+3.2%
INIndiana
+3.8%
IAIowa
+2.8%
KSKansas
+3.2%
MIMichigan
+4.2%
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