Is Minneapolis, MN 55401 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Minneapolis is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5Under 4 months = seller’s market

Sold above original list11%Share of sales, last 3 months

Median sale-to-list97.2%Sold price ÷ list price

Median days on market59Listing to accepted offer

Median price per sq ft$318▲ +0.3% vs. last year

Run the numbers for 55401

Prefilled for 55401Can I win this house?Multiple-offer likelihood for a listing Prefilled for 55401Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Champlin 55316Seller’s market $201 /sq ft Dayton 55327Seller’s market $214 /sq ft Eden Prairie 55344Seller’s market $217 /sq ft Eden Prairie 55346Seller’s market $211 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology