Minnesota Home Values & Market Trends
There have been 71,718 properties sold in the Minnesota real estate market trends. Median home values in the Minnesota housing market are $324,250.93. The median residential home value for transactions over the last 12 months is 286,164.02. The State of Minnesota currently has 1,770 properties in foreclosure, 270 bank owned properties, and 1,500 headed for auction.
Minnesota Real Estate Market Overview
County | Median Est. Value | County | Median Est. Value |
---|---|---|---|
Hennepin | $ 360,000 $ 199/sqft | Waseca | $ 214,540 $ 108/sqft |
Ramsey | $ 279,950 $ 189/sqft | Beltrami | $ 206,000 $ 115/sqft |
Dakota | $ 376,818 $ 185/sqft | Cottonwood | $ 185,000 $ 93/sqft |
Anoka | $ 364,580 $ 180/sqft | Becker | $ 314,854 $ 178/sqft |
Washington | $ 386,034 $ 194/sqft | Sibley | $ 251,960 $ 140/sqft |
Stearns | $ 284,900 $ 145/sqft | Kanabec | $ 305,135 $ 142/sqft |
Olmsted | $ 315,000 $ 161/sqft | Meeker | $ 339,900 $ 147/sqft |
Wright | $ 375,000 $ 181/sqft | Carlton | $ 288,425 $ 219/sqft |
Scott | $ 449,900 $ 195/sqft | Stevens | $ 259,450 $ 140/sqft |
Carver | $ 437,230 $ 195/sqft | Nobles | $ 260,373 $ 136/sqft |
St. Louis | $ 196,750 $ 123/sqft | Brown | $ 239,900 $ 100/sqft |
Crow Wing | $ 340,770 $ 189/sqft | Chippewa | $ 213,884 $ 119/sqft |
Sherburne | $ 361,500 $ 181/sqft | Clay | $ 319,900 $ 131/sqft |
Itasca | $ 269,000 $ 141/sqft | Lyon | $ 149,016 $ 87/sqft |
Hubbard | $ 279,288 $ 148/sqft | Rock | $ 222,674 $ 120/sqft |
Blue Earth | $ 304,842 $ 144/sqft | Yellow Medicine | $ 139,767 $ 87/sqft |
Mower | $ 234,158 $ 103/sqft | Pope | $ 374,950 $ 174/sqft |
Chisago | $ 405,000 $ 200/sqft | Lac Qui Parle | $ 161,183 $ 79/sqft |
Douglas | $ 333,786 $ 170/sqft | Polk | $ 192,883 $ 116/sqft |
Cass | $ 360,014 $ 166/sqft | Grant | $ 192,900 $ 109/sqft |
Otter Tail | $ 315,000 $ 177/sqft | Lake | $ 330,000 $ 217/sqft |
Goodhue | $ 320,026 $ 159/sqft | Murray | $ 165,000 $ 91/sqft |
Pine | $ 296,429 $ 201/sqft | Wadena | $ 194,450 $ 116/sqft |
Isanti | $ 309,900 $ 177/sqft | Big Stone | $ 165,000 $ 121/sqft |
Benton | $ 290,760 $ 141/sqft | Jackson | $ 129,900 $ 67/sqft |
Rice | $ 319,900 $ 167/sqft | Koochiching | $ 268,000 $ 160/sqft |
Todd | $ 185,419 $ 129/sqft | Mahnomen | $ 79,000 $ 82/sqft |
Steele | $ 249,900 $ 147/sqft | Houston | $ 205,673 $ 132/sqft |
Mille Lacs | $ 348,593 $ 198/sqft | Pipestone | $ 130,000 $ 92/sqft |
Winona | $ 223,119 $ 113/sqft | Watonwan | $ 143,750 $ 82/sqft |
Morrison | $ 291,515 $ 142/sqft | Roseau | $ 303,248 $ 170/sqft |
Freeborn | $ 140,000 $ 106/sqft | Renville | $ 145,000 $ 75/sqft |
Mcleod | $ 246,815 $ 151/sqft | Pennington | $ 235,058 $ 101/sqft |
Aitkin | $ 284,585 $ 178/sqft | Marshall | $ 153,147 $ 90/sqft |
Nicollet | $ 341,575 $ 143/sqft | Red Lake | $ 77,728 $ 57/sqft |
Dodge | $ 336,288 $ 147/sqft | Lincoln | $ -- $ -- |
Le Sueur | $ 287,000 $ 153/sqft | Wilkin | $ 28,900 $ 26/sqft |
Redwood | $ 177,803 $ 113/sqft | Traverse | $ -- $ -- |
Martin | $ 155,000 $ 81/sqft | Cook | $ -- $ -- |
Fillmore | $ 197,400 $ 115/sqft | Lake Of The Woods | $ -- $ -- |
Swift | $ 143,562 $ 97/sqft | Norman | $ -- $ -- |
Faribault | $ 115,866 $ 60/sqft | Clearwater | $ -- $ -- |
Wabasha | $ 328,799 $ 156/sqft | Kittson | $ -- $ -- |
Kandiyohi | $ 256,334 $ 125/sqft |
Housing Market Summary for Minnesota
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $325K | $327.2K | 0.68% |
Median Sold Price | $321.7K | $327.2K | 1.72% |
Homes For Sale | 5,282 | 5,572 | 5.49% |
Homes Sold | 41,953 | 42,914 | 2.29% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Minnesota
Browse Homes in Minnesota
There are currently 5,690 properties for sale in Minnesota. The current home value ranges in price from 1 to 9,600,000. The total count of properties in the state is 1,890,715, and the percentage of properties for sale is 5690.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Minnesota with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 87 counties within Minnesota; of those counties, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Minnesota ranges from the highest value of $2,513,000 in Benton to the lowest value of $33,173 in Rice. Bank owned homes and properties account for 0.01% of properties in Minnesota. There are 87 counties within Minnesota; Hennepin containing 54 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsHennepin has 404 auction properties, the highest number of properties going to auction in a single county in the state of Minnesota. Auction homes and other auction properties account for 0.08% of all properties in Minnesota. There are 87 counties within Minnesota; of those counties, the median estimated home value for homes going to auction ranges from $2,819,524 in Lincoln to the lowest value of $29,139 in Lincoln.
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