Updated May 2026 · Redfin
Minneapolis Real Estate Market Update, May 2026
Here are the latest housing market numbers for Minneapolis, MN, for May 2026, from the Redfin Data Center. Median sale price, days on market, inventory and more, with month-over-month and year-over-year change. The median sale price is $375K.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $375K | ▲ +5.9% | ▼ -1.6% |
| Days on market | 20 | ▼ -4.8% | ▲ +5.3% |
| Homes for sale | 1,117 | ▲ +0.9% | ▲ +3.8% |
| Sale-to-list | 101.3% | ▲ +0.4% | ▼ -0.5% |
| Months of supply | 2.3 | ▼ -17.9% | ▲ +4.5% |
| Homes sold | 478 | ▲ +21.0% | ▼ -3.6% |
Figures from Redfin Data Center. Verify against your MLS before posting.
What the Minneapolis numbers say
Minneapolis is cooling. The median sale price sits at $375,000, 1.6% below last year. Homes are moving fast: a typical listing goes under contract in about 20 days, and sellers are getting 101.3% of list price.
With 1,117 homes for sale and 2.3 months of supply, Minneapolis is currently a seller's market.
What this means if you sell in Minneapolis
Use these figures to set expectations early with each client. Lead a listing appointment with the $375K median price and the 20-day pace, show the year-over-year direction, and frame Minneapolis as a seller's market. A buyer or seller client trusts an agent who knows the numbers cold, and posts them every month.
How we track the Minneapolis market
We built LOKAL to pull Minneapolis's numbers straight from the Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $375K median sale price, -1.6% year over year, 20 days on market and a 101.3% sale-to-list ratio across 478 recorded sales. That compares with roughly $381K a year earlier, in 2025. Redfin has published this market data monthly since 2020, which is what lets us show month-over-month and year-over-year change here in 2026. We refresh every metro monthly. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.
Turn these Minneapolis numbers into a finished post.
Open LOKAL with Minneapolis already selected. You'll get a carousel, story and square graphic with these figures in place, ready to export in seconds.
Build the Minneapolis post →Frequently asked: the Minneapolis housing market
- What is the median home price in Minneapolis, MN?
- As of May 2026, the median sale price in Minneapolis is $375,000 (-1.6% year over year), per the Redfin Data Center.
- Is Minneapolis a buyer's or seller's market right now?
- Minneapolis is currently a seller's market, based on 2.3 months of supply and a 101.3% sale-to-list ratio for May 2026.
- How long do homes take to sell in Minneapolis?
- A typical Minneapolis listing goes under contract in about 20 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this Minneapolis market data come from?
- All figures come from the Redfin Data Center, refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic for Minneapolis agents. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center. Figures are a metro-level snapshot, not a valuation for a specific home.
Minneapolis housing market by ZIP code
See Minneapolis block by block. These 47 Minneapolis-area ZIP codes each have their own real Redfin median price, days on market and supply.