Minnesota residential real estate highlights, home prices, and rental data from Zillow:
Minnesota median listing prices and median price-per-square-foot for all home types:
- All homes: $210,000 at $151/SF.
- Single-family residential homes: $218,900 at $151/SF
- Condos: $172,250 at $154/SF
- Duplex and Triplex units: $169,000 at $91/SF
- 1-Bedroom homes: $139,000 at $157/SF
- 2-Bedroom homes: $162,500 at $144/SF
- 3-Bedroom homes: $204,200 at $149/SF
- 4-Bedroom homes: $311,948 at $154/SF
- 5+ Bedroom homes: $414,900 at $166/SF
Minnesota median rental prices and median rental price-per-square-foot:
- All homes: $1,396 at $1.18/SF
- Single-family residential: $1,445 at $1.15/SF
- Condos: $1,350 at $1.30/SF
- Duplex and Triplex units: $1,240 at $1.33/SF
- Multi-family residential: $1,245 at $1.30/SF
- 1-Bedroom homes: $1,130 at $1.51/SF
- 2-Bedroom homes: $1,290 at $1.19/SF
- 3-Bedroom homes: $1,450 at $1.13/SF
- 4-Bedroom homes: $1,700 at $1.12/SF
Minnesota median sales prices and price-per-square-foot:
- All homes: $210,150 at $169/SF
- Single-family residential: $173/SF
- Condos: $149/SF
Minnesota homes sold for a gain or loss:
- 79.5% of all homes sold above the previous home price
- 20.5% of all homes sold below the previous home price
- 9.3% of all listings had a price reduction this month with a median price cut of 3.8% (approximately $7,600)
- 9.3% of all single-family residential home listings had a price reduction this month with a median price cut of 3.9% (approximately $8,000)
- 10.2% of all condo listings had a price reduction this month with a median price cut of 3.5% (approximately $5,000)
4.3% of all homes in Minnesota sold in the past 12 months.
The ZHVI (Zillow Home Value Index) rose by 3.8% over the past year, to $184,500.
Note: If any of the data is currently undisclosed, that is because the local jurisdictions currently do not share that data.
Discover more Minnesota real estate news here or check out additional Zillow data.
