Minnesota Housing Market Update

Featured below are the most updated Minnesota housing market stats from Regional Multiple Listing Service of Minnesota, the premier real estate multiple listing service in the Upper Midwest. These numbers encompass the 13 county Minneapolis-St. Paul metro area. 

New Listings: 

The 13-county Minneapolis-St. Paul metro area added 5,247 new listings to the market in March 2024; up from 4667 new listings in February. 

Inventory:

At the end of March 2024 there were 6,939 homes on the market; up from 6,874 homes in February. 

Closed Sales:

March 2024 saw 3,231 closed sales; up from 2,632 closed sales just one month prior. 

Median Days on Market: 

Homes were selling faster in March 2024. The median days on market dropped to 24; down from 37 days in February. 

Median Sales Price: 

The median sales price for homes in the Minneapolis-St. Paul metro area was $369,900 at the end of March 2024; up from $360,000 in February. 

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