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Excelsior, MN real estate

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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Excelsior real estate Market Report.

Information and statistics on the latest trends in the Excelsior real estate market. *

Latest Rolling 3-Month Snapshot

Feb 1, 2026 - Apr 30, 2026

Median sale price
$650K
-28% from Q1 '26
Median list price
$992K
+17% from Q1 '26
Active listings
20
+5.3% from Q1 '26
Homes sold
9
+29% from Q1 '26
New pendings
10
+11% from Q1 '26
New listings
15
+15% from Q1 '26

Quarterly Pricing Trends for Excelsior

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Excelsior Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $713K Median sale price in Jul 2021 - Sep 2021: $638K Median sale price in Oct 2021 - Dec 2021: $619K Median sale price in Jan 2022 - Mar 2022: $850K Median sale price in Apr 2022 - Jun 2022: $960K Median sale price in Jul 2022 - Sep 2022: $733K Median sale price in Oct 2022 - Dec 2022: $950K Median sale price in Jan 2023 - Mar 2023: $838K Median sale price in Apr 2023 - Jun 2023: $950K Median sale price in Jul 2023 - Sep 2023: $433K Median sale price in Oct 2023 - Dec 2023: $613K Median sale price in Jan 2024 - Mar 2024: $742K Median sale price in Apr 2024 - Jun 2024: $1.3M Median sale price in Jul 2024 - Sep 2024: $1.3M Median sale price in Oct 2024 - Dec 2024: $1.8M Median sale price in Jan 2025 - Mar 2025: $960K Median sale price in Apr 2025 - Jun 2025: $753K Median sale price in Jul 2025 - Sep 2025: $797K Median sale price in Oct 2025 - Dec 2025: $713K Median sale price in Jan 2026 - Mar 2026: $900K Median list price in Apr 2021 - Jun 2021: $662K Median list price in Jul 2021 - Sep 2021: $625K Median list price in Oct 2021 - Dec 2021: $990K Median list price in Jan 2022 - Mar 2022: $1000K Median list price in Apr 2022 - Jun 2022: $719K Median list price in Jul 2022 - Sep 2022: $899K Median list price in Oct 2022 - Dec 2022: $1.5M Median list price in Jan 2023 - Mar 2023: $950K Median list price in Apr 2023 - Jun 2023: $814K Median list price in Jul 2023 - Sep 2023: $1.1M Median list price in Oct 2023 - Dec 2023: $788K Median list price in Jan 2024 - Mar 2024: $1.5M Median list price in Apr 2024 - Jun 2024: $1.3M Median list price in Jul 2024 - Sep 2024: $1M Median list price in Oct 2024 - Dec 2024: $1M Median list price in Jan 2025 - Mar 2025: $1.3M Median list price in Apr 2025 - Jun 2025: $825K Median list price in Jul 2025 - Sep 2025: $1.3M Median list price in Oct 2025 - Dec 2025: $885K Median list price in Jan 2026 - Mar 2026: $850K Apr 2021 - Jun 2021 Median sale price $713K Median list price $662K Jul 2021 - Sep 2021 Median sale price $638K Median list price $625K Oct 2021 - Dec 2021 Median sale price $619K Median list price $990K Jan 2022 - Mar 2022 Median sale price $850K Median list price $1000K Apr 2022 - Jun 2022 Median sale price $960K Median list price $719K Jul 2022 - Sep 2022 Median sale price $733K Median list price $899K Oct 2022 - Dec 2022 Median sale price $950K Median list price $1.5M Jan 2023 - Mar 2023 Median sale price $838K Median list price $950K Apr 2023 - Jun 2023 Median sale price $950K Median list price $814K Jul 2023 - Sep 2023 Median sale price $433K Median list price $1.1M Oct 2023 - Dec 2023 Median sale price $613K Median list price $788K Jan 2024 - Mar 2024 Median sale price $742K Median list price $1.5M Apr 2024 - Jun 2024 Median sale price $1.3M Median list price $1.3M Jul 2024 - Sep 2024 Median sale price $1.3M Median list price $1M Oct 2024 - Dec 2024 Median sale price $1.8M Median list price $1M Jan 2025 - Mar 2025 Median sale price $960K Median list price $1.3M Apr 2025 - Jun 2025 Median sale price $753K Median list price $825K Jul 2025 - Sep 2025 Median sale price $797K Median list price $1.3M Oct 2025 - Dec 2025 Median sale price $713K Median list price $885K Jan 2026 - Mar 2026 Median sale price $900K Median list price $850K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
20
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Feb 2026 - Apr 2026).

Inventory in Excelsior has tightened in this rolling three-month view, with active listings down almost 30% year over year even as new listings have fallen by about a third. At the same time, homes sold have increased more than 30% compared with a year ago, and pending sales are only modestly lower, pointing to steady contract activity despite fewer options.

Pricing has adjusted from last year, with the typical home value down about 25% year over year while the median list price is only slightly lower. Even with that shift, the average sale-to-list ratio has climbed to just over 101% and the share of homes selling above list has risen to more than one in five, suggesting buyers are still willing to bid up for the right property.

Momentum around speed is also evident, as the median days on market has dropped sharply from a year ago to roughly a week and a half, and nearly half of homes go off the market within two weeks. Months of supply sits just above three and the overall gauge still characterizes Excelsior as a seller’s market, reflecting solid demand relative to available inventory. Buyers and sellers who want to navigate these shifting conditions can turn to Agent Pronto to connect with a local real estate agent who understands the data and the dynamics on the ground.



Learn more about what Excelsior has to offer.

Excelsior offers residents a vibrant lakeside lifestyle with a walkable downtown, marina access on Lake Minnetonka, abundant parks and trails, and a welcoming, active community.

Excelsior sits on the southern shore of Lake Minnetonka, offering small-town scale with quick access to Minneapolis and nearby communities like Minnetonka and Eden Prairie. Residents appreciate that most daily needs are within a short walk or drive, from grocery stops to lakeside dining and year-round recreation.

Downtown Excelsior has a compact main street lined with local favorites such as Excelsior Brewing Company and waterfront dining at Maynards. Side streets hold a mix of older cottages and updated homes, while new construction appears on infill lots. Access to the water is a major draw, with public space at Excelsior Commons and the Port of Excelsior providing swimming beaches, boat slips, and community events.

Families often focus on schools and parks. Many students attend Minnetonka Public Schools, known for strong academics and activities. Local green space includes trails that connect toward Wayzata and regional paths around Lake Minnetonka Regional Park. Everyday errands are straightforward, with larger shopping districts in Chanhassen and Hopkins a short drive away.

Housing options and lake access can vary significantly block to block. A local agent who knows Excelsior’s streets, school boundaries, and seasonal traffic patterns can simplify decisions. Agent Pronto connects buyers and sellers with the right real estate professional so the process feels more informed and less stressful.

Find your Excelsior real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Susan helped me sell my dad's house after he unexpectedly passed away in 2025. She was so kind and empathetic about my situation, and very patient as it took us months to empty the house before it was listed. But from the start she worked hard to get us the right resources and information. She was incredibly helpful during the selling process and gave great suggestions on price. She made the process pretty easy!”

Cyndi · Apple Valley, MN

Photo of Susan Jackson
RE/MAX Results
“I purchased my first home with the help of Heather Warner. From a quick google search of realators specializing in first time homebuyers I found the Barker Hedges team which led me to Heather. Leaning heavily on her experience I had unwavering faith in her to provide valuable consultation in all aspects of the house buying process. Strongly reccomend Heather to any homebuyers. She simplified the process for me tremedously and will was extremely honest in the house touring process. She will be a strong voice for you communicating at a very high level.”

Nate · Blaine, MN

Photo of Heather Warner
RE/MAX REMAX Results
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”

PCG · Rochester, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“Jennifer was a pleasure to work with, along with being professional and educated on all aspects of the transaction. She was able to provide insight into the market and reacted to the situation. Plus we had lots of fun working together!”

Diane Smith · Tampa, FL

Photo of Jenny Dedrick
exp realty
“I had an exceptional experience working with my real estate agent in selling my house in Plymouth, Minnesota. He provided invaluable advice on repairs, staging, and pricing, ensuring that every aspect of the sale was optimized. He even took the time to show me comparable properties, helping me determine the best listing price. Thanks to his expertise and dedication, I’m taking the time to leave reviews on multiple websites. I couldn’t have asked for a better realtor.”

Josh · Plymouth, MN

Photo of Minnesota Property Group
RE/MAX Results
“Shari was wonderful to work with. We have known each other for years but never worked together in this capacity. It is very obvious how much she loves her job! She was knowledgable and took my needs into consideation throughout the whole process. It was wonderful to work with her!”

Michele Berndt · Albertville, MN

Photo of Shari McGuire
Pemberton RE
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
Keller Williams Premier Realty
“Great job. Skip was great to work with.”

Mary C. · St. Cloud, MN

Photo of Skip Halverson
RE/MAX Results
“I was pleasantly surprised when I only had 1 phone call from realtors. My realtor (Jeremy) was amazing. I believe his commitment is what sold the house. He was very fluent in keeping in touch and letting me know what was happening.”

Tammey A. · Coon Rapids, MN

Photo of Jeremy Ellingson
RE/MAX Advantage Plus
“Christina was an excellent Realtor to work with. Everything went very smoothly from start to finish.”

Dave K. · North Saint Paul, MN

Photo of Christina Chatlain
Keller Williams Premier Realty
“My family enjoyed working with Polina! She was friendly and always kept things real! She was more then just an agent!! Polina, was always easy to communicate with and promptly answered any questions or concerns!”

Heather · Inver Grove Heights, MN

Photo of The Kilpela Group
National Realty Guild
“Awesome agent. Took time to listen to my needs and desires and went out to find my dream house. This guys knows how to get the job done. I wish more people had the compassion and skill. This was a very pleasant experience.”

Diane and Jesse · North Branch, MN

Photo of The Mike VanGrinsven Group
RE/MAX Professionals
“This service was fast and easy to use. I ended up using the first realtor that came up, and she turned out to be just fabulous.”

Gregg D. · West Saint Paul, MN

Photo of Misty May & Team
Coldwell Banker Realty
“Working with Chad was a joy. He was very open to what my selling process would be like. I would definitely use Chad again for any home buying/selling needs.”

Fred L. · Hastings, MN

Photo of Chad Baker
RE/MAX Advantage Plus
“My partner and I worked with Kong for 4 months and he helped us buy our home. Throughout the whole process, Kong was extremely professional, responsive, honest and knowledgeable. He really worked with our availability during all the showings. He also helped us through a difficult situation with the sellers. We would definitely recommend and work with Kong again!”

Kelsey · St. Paul, MN

Photo of Kong Lee
Partners REalty
“Glad to have made this decision to use Jeff. He did a good job for us!”

Judi G. · Oak Grove, MN

Photo of Jeff Tollefson
RE/MAX Real Estate Properties
“Collin really took the time to make sure we understood everything about the process of buying our home. He was patient with us and never pressured us into settling.”

Jade Erickson · St. Paul, MN

Photo of Collin Vold
EXP Realty MN

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Excelsior. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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