Minneapolis's median sale price was $350,750 last month, with 352 homes closing.
The twelve-month view agrees. Median across the year was $353,500, up 2.5 percent, so the month is telling the same story the year is.
How long homes are taking
Pace has held steady. The typical Minneapolis home took 54 days to sell over the past twelve months against 55 a year ago, and sellers took 97.4 percent of their original asking price last month.
How much is for sale
There were 1,136 homes on the market at the end of September against 1,026 a year ago, which works out to 3.4 months of supply. That is still tilted toward sellers, with more room than a year ago. Buyers have meaningfully more to choose from than they did.
How Minneapolis sits inside Hennepin County
Countywide the median was $400,000 last month and homes took 51 days to sell. Minneapolis came in at $350,750 and 55 days, so under the county median and moving slower than the county pace. Across the metro as a whole the median was $395,000 with 48 days on market.
| Metric | Sep 2025 | Sep 2026 |
|---|---|---|
| Homes sold | 343 | 352 |
| New listings | 568 | 562 |
| Median sale price | $350,000 | $350,750 |
| Days on market | 50 | 55 |
| Percent of asking received | 99.3% | 97.4% |
| Homes for sale | 1,026 | 1,136 |
| Months supply | 2.9 | 3.4 |
| Metric | 2025 | 2026 |
|---|---|---|
| Homes sold | 4,206 | 4,031 |
| Median sale price | $345,000 | $353,500 |
| Days on market | 55 | 54 |
| Percent of asking received | 99.1% | 98.7% |
Data source: Minneapolis Area REALTORS®, from NorthstarMLS. Figures current as of October 7, 2026. Percentages are calculated from the published figures and may differ slightly from the report's own rounding.