Is Minneapolis, MN a buyer's market or a seller's market?
Minneapolis, MN is a seller's market right now. There are 9,550 homes for sale, and at the current pace of sales it would take about 2.0 months to sell all of them.
The rule of thumb agents use: under three months of homes for sale favors sellers, over five months favors buyers, and in between is a fair fight. Minneapolis, MN sits at 2.0.
There are more buyers than homes for sale. Sellers have the edge. The typical home took 22 days to go under contract, and 43% of sales closed above the asking price.
Source: Redfin's published market data for the Minneapolis, MN area, through May 2026.
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More about the Minneapolis, MN market
- When is the best month to sell a house in Minneapolis, MN?
- How long does it take to sell a house in Minneapolis, MN?
- Do homes sell above asking price in Minneapolis, MN?
- Are home prices going up or down in Minneapolis, MN?
- How many homes are for sale in Minneapolis, MN?
- All Minneapolis, MN housing numbers
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Figures come from Redfin's published market data for the Minneapolis, MN area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.