Minnesota Home Values & Market Trends

There have been 91,245 properties sold in the Minnesota real estate market trends. Median home values in the Minnesota housing market are $362,621. The median residential home value for transactions over the last 12 months is 311,503. The State of Minnesota currently has 2,512 properties in foreclosure, 461 bank owned properties, and 2,051 headed for auction.

Minnesota Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Hennepin

$ 389,159

$ 288/sqft

Polk

$ 249,900

$ 188/sqft

Dakota

$ 402,547

$ 196/sqft

Todd

$ 241,666

$ 249/sqft

Ramsey

$ 342,883

$ 241/sqft

Waseca

$ 249,269

$ 218/sqft

Anoka

$ 382,605

$ 288/sqft

Brown

$ 227,234

$ 164/sqft

Washington

$ 448,511

$ 265/sqft

Lyon

$ 205,763

$ 109/sqft

Wright

$ 383,436

$ 254/sqft

Fillmore

$ 244,900

$ 186/sqft

Olmsted

$ 367,296

$ 271/sqft

Faribault

$ 159,900

$ 128/sqft

Scott

$ 436,869

$ 264/sqft

Nobles

$ 268,221

$ 199/sqft

St. Louis

$ 267,680

$ 214/sqft

Wadena

$ 229,900

$ 194/sqft

Carver

$ 492,072

$ 258/sqft

Pennington

$ 170,315

$ 129/sqft

Stearns

$ 303,516

$ 199/sqft

Chippewa

$ 190,000

$ 154/sqft

Sherburne

$ 383,001

$ 327/sqft

Lake

$ 305,641

$ 247/sqft

Otter Tail

$ 339,000

$ 305/sqft

Kanabec

$ 292,688

$ 229/sqft

Crow Wing

$ 379,900

$ 276/sqft

Koochiching

$ 174,266

$ 157/sqft

Clay

$ 303,694

$ 156/sqft

Cottonwood

$ 156,567

$ 144/sqft

Rice

$ 356,212

$ 244/sqft

Houston

$ 287,834

$ 201/sqft

Chisago

$ 387,306

$ 294/sqft

Roseau

$ 228,985

$ 163/sqft

Blue Earth

$ 315,000

$ 219/sqft

Redwood

$ 168,034

$ 141/sqft

Isanti

$ 347,484

$ 278/sqft

Sibley

$ 241,163

$ 135/sqft

Itasca

$ 282,079

$ 245/sqft

Renville

$ 180,825

$ 174/sqft

Goodhue

$ 320,210

$ 242/sqft

Pope

$ 276,890

$ 314/sqft

Mower

$ 215,779

$ 173/sqft

Watonwan

$ 185,000

$ 114/sqft

Steele

$ 299,900

$ 171/sqft

Swift

$ 168,258

$ 152/sqft

Becker

$ 432,164

$ 274/sqft

Murray

$ 212,629

$ 185/sqft

Kandiyohi

$ 289,479

$ 230/sqft

Pipestone

$ 175,578

$ 91/sqft

Douglas

$ 375,000

$ 280/sqft

Yellow Medicine

$ 156,053

$ 144/sqft

Mcleod

$ 285,751

$ 219/sqft

Wilkin

$ 235,006

$ 164/sqft

Freeborn

$ 211,736

$ 159/sqft

Rock

$ 248,376

$ 240/sqft

Beltrami

$ 313,220

$ 224/sqft

Lac Qui Parle

$ 159,650

$ 101/sqft

Le Sueur

$ 341,588

$ 240/sqft

Stevens

$ 187,124

$ 111/sqft

Winona

$ 284,857

$ 206/sqft

Grant

$ 220,000

$ 176/sqft

Benton

$ 308,211

$ 250/sqft

Norman

$ 183,060

$ 138/sqft

Cass

$ 380,468

$ 291/sqft

Clearwater

$ 219,900

$ 132/sqft

Mille Lacs

$ 315,004

$ 268/sqft

Lincoln

$ 149,000

$ 136/sqft

Hubbard

$ 349,900

$ 247/sqft

Big Stone

$ 150,802

$ 136/sqft

Nicollet

$ 335,508

$ 227/sqft

Lake Of The Woods

$ 204,950

$ 164/sqft

Pine

$ 314,673

$ 238/sqft

Jackson

$ 158,165

$ 106/sqft

Morrison

$ 299,507

$ 226/sqft

Cook

$ 605,501

$ 385/sqft

Carlton

$ 299,500

$ 197/sqft

Red Lake

$ 173,185

$ 139/sqft

Meeker

$ 288,192

$ 254/sqft

Marshall

$ 166,322

$ 125/sqft

Dodge

$ 319,900

$ 252/sqft

Mahnomen

$ 166,532

$ 161/sqft

Aitkin

$ 349,900

$ 289/sqft

Traverse

$ 109,000

$ 85/sqft

Wabasha

$ 314,648

$ 236/sqft

Kittson

$ 143,250

$ 88/sqft

Martin

$ 172,247

$ 118/sqft

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Housing Market Summary for Minnesota

Sep 2025September 2026Change
Median Listing Price$369.7K$366.7K-0.81%
Median Sold Price$365.1K$288.6K-20.97%
Homes For Sale60,38192,60353.36%
Homes Sold30,87429,511-4.41%
Price
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Homes For Sale
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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%.

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Browse Homes in Minnesota

There are currently 94,158 properties for sale in Minnesota. The current home value ranges in price from 5,000 to 14,000,000. The total count of properties in the state is 130,006, and the percentage of properties for sale is 94158.00%.

Foreclosure
There are 87 counties within Minnesota; within these counties, the median estimated home value for homes in foreclosure ranges from $223,906 in Faribault to the lowest value of $36,023 in Faribault. Foreclosure homes account for 1.00% of properties in Minnesota with Hennepin containing 638 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-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 Owned
    The median estimated home value of bank owned homes (REO properties) in Minnesota ranges from the highest value of $6,500,000 in Meeker to the lowest value of $36,023 in Faribault. Bank owned homes and properties account for 0.35% of properties in Minnesota. There are 87 counties within Minnesota; Hennepin containing 127 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Hennepin has 511 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 1.58% 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 $6,225,329 in Wabasha to the lowest value of $45,178 in Wabasha.
Homes for Sale
Homes and properties that are actively listed for sale account for 72.43% of residential properties in Minnesota with Hennepin containing 20832 homes for sale, the highest number of listed properties in a single county. There are 87 counties within Minnesota; homes for sale in those counties, have a range of median values from $1,475,000 in Cook to the lowest value of $11,000 in Faribault.
    Sold Homes
    The median value for recently sold homes ranges from $3,556,226 in Cook to the lowest price of $11,991 in Cook. There are 87 counties within Minnesota. Hennepin has 6540 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 23.71% of properties in Minnesota.

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      Guide for Minnesota

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.