Inventory in Shingle Creek has tightened notably, with just 4 homes on the market in February 2026 after a 50.0% month-over-month drop, even though levels are still up 300.0% from a year ago. Buyers are still stepping in, as 13 homes went under contract and pending sales are running about 18.18% higher than last year despite only 7 new listings, which have fallen 36.36% year over year.
Pricing is adjusting to these conditions, with the typical home value at about $270,000, down 10.0% from last year and 6.9% from the prior month. Even so, sellers are often still in a solid position, reflected in a seller's market gauge of 3 and a median list price around $279,900 that is edging 1.8% higher month over month.
Timing has shifted as well, with homes taking a median of 28 days to go under contract, up 75.0% from last month and 133.33% compared with a year ago, giving buyers a bit more room to decide. Looking ahead to March 2026, projections show typical values around $260,000 and a slightly higher projected median list price of $282,375 as inventory could dip to about 2 homes. Compared with the broader Minneapolis market, where typical values sit closer to $320,000, Shingle Creek offers a relatively lower price point with its own pace of change. Buyers and sellers who want to navigate these shifts can turn to Agent Pronto to connect with a local agent who is aligned with their goals.
