Minneapolis, MN Housing Market

Minneapolis, MN's median home value is $394K, up 5.8% over the past year. Homes here sell in a median 34 days. Its PropertyIQ Score of 64 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.

PropertyIQ tracks the Minneapolis, MN housing market through two complementary lenses: price momentum from Zillow home-value trends over 3 and 12 months, and demand pressure from how quickly homes sell and how often sellers cut prices, drawn from Realtor.com. The PropertyIQ Score distills these into one number that predicts how this MN market is set to perform against its state benchmark.

Midwestern housing markets are characterized by affordability and economic diversification. From manufacturing hubs undergoing tech-sector transitions to university towns with stable demand, the region offers value-oriented opportunities with lower entry costs than coastal markets. Within the Midwest, Minneapolis, MN's PropertyIQ Score of 64 ranks among the Midwest's stronger demand signals.

Each month, PropertyIQ updates its score for Minneapolis, MN using four inputs: Zillow ZHVI twelve-month and three-month momentum, Realtor.com median days on market, and the Realtor.com share of listings with price cuts. These four signals are combined into a single 1 to 99 score computed across all metro markets and calibrated so 50 represents the state average, making it a direct read of how this market is positioned to perform relative to its state.

Explore the interactive map to see how Minneapolis, MN compares to neighboring metros, or view the full market dashboard for detailed analytics including time-series trends, score breakdowns, and AI-generated market reports.