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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for April 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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Information and statistics on the latest trends in the Minneapolis real estate market, updated for April 2026. *
Minneapolis home values are down compared to last year, with typical prices falling about 4.5 percent year over year. Even with that drop, values have inched up about 0.3 percent over the past month, suggesting some near-term stabilization. Compared with Hennepin County’s typical value of $375,000, Minneapolis sits lower at about $320,000, which may appeal to cost-conscious buyers.
In February 2026, the median list price reached about $364,900, while typical values hovered near $320,000, showing sellers are still aiming above the core value benchmark. Conditions lean toward sellers, with a Seller's Market rating and homes taking a median of 49 days to go under contract, up more than 50 percent from a year ago but still moving at a steady clip. Around 34 percent of recent sales closed above list price, and the average sale-to-list ratio is just under full price at 1.0, indicating buyers are paying close to asking even as time on market lengthens.
Inventory in Minneapolis sits near 802 homes, down almost 9 percent from last year but up just over 8 percent month over month, and supply is estimated at 3.8 months. New listings have dropped more than 30 percent year over year to about 409, while pending sales are down about 45 percent, showing fewer deals are getting signed. Looking into March 2026, projections point to a slight uptick in typical values to about $320,500, a higher median list price near $384,900, and inventory rising toward 832 homes available. Whether buyers want to navigate tight options or sellers hope to price strategically in this shifting landscape, Agent Pronto can connect both with a knowledgeable local agent.
Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.
Minneapolis offers its residents a vibrant arts and culture scene, abundant parks and lakes for outdoor recreation, diverse neighborhoods with rich local flavor, strong opportunities for work and education, and a community-minded, innovative spirit.
Minneapolis offers a distinct urban experience compared with nearby suburbs, blending a true city skyline with an everyday connection to lakes, parks, and trails. Neighborhoods like Uptown and Linden Hills feel like self-contained communities, where local shops, cafes, and schools are part of daily life rather than a weekend destination.
Residents take full advantage of the Chain of Lakes, with Bde Maka Ska and Lake Harriet offering year-round paths, beaches, and concerts. Downtown, cultural anchors like the Walker Art Center and Guthrie Theater keep the arts at the center of city identity. Families appreciate strong public resources, from the Minneapolis Public Schools system to neighborhood-focused libraries and recreation centers.
Getting around is straightforward with the Metro Transit light rail connecting downtown to the airport and nearby St. Paul. Many residents choose to live in walkable areas like North Loop or Northeast to stay close to restaurants, breweries, and the Mississippi riverfront.
In a market where inventory and interest rates shift quickly, timing and preparation matter. Whether you are upsizing in South Minneapolis or relocating from another city, the right local agent can help you read the market, price or offer strategically, and move with confidence. Agent Pronto connects both buyers and sellers with agents who understand Minneapolis at the neighborhood level.
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!”
“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.”
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”
“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!”
“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.”
“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!”
“Amy was very helpful and knowledgeable. Everything went well.”
“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.”
“Christina was an excellent Realtor to work with. Everything went very smoothly from start to finish.”
“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!”
“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.”
“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.”
“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.”
“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!”
“Glad to have made this decision to use Jeff. He did a good job for us!”
“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.”
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 Minneapolis. 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.
Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Minneapolis Realtor® or real estate agent today.
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