State housing market
Minnesota housing market
The latest Minnesota home prices, inventory, and days-on-market — with month-over-month and year-over-year trends and how it stacks up nationally. The typical Minnesota home is 4.4% lower than the U.S. typical value of $370K.
Data as of May 2026.
Latest market snapshot
Home value
$354K
May 2026
Sale price
$372K
May 2026
Days on market
25 days
May 2026
Inventory
14,792
May 2026
Months supply
2
May 2026
Homes sold
6,491
May 2026
Sale-to-list
100.0%
May 2026
What the numbers say
- ·Typical home value (ZHVI) is $354,135 — -0.1% month over month, +2.9% year over year.
- ·Median sale price is $372,300 — +2.4% month over month, +1.4% year over year.
- ·Median days on market is 25 days — -24.2% month over month, +8.7% year over year.
- ·Homes for sale is 14,792 — +2.0% month over month, +0.1% year over year.
13-month trends
Metro areas in Minnesota
| Metro area | Typical home value |
|---|---|
| Minneapolis, MN | $394K |
| Duluth, MN | $264K |
| Rochester, MN | $343K |
| St. Cloud, MN | $319K |
Sources & methodology
Every figure on this page is drawn from authoritative public housing and mortgage data, refreshed monthly. Home values shown as ZHVI are a smoothed typical-value index, not raw sale prices. We cite openly so you can verify.