Is Minneapolis, MN 55414 a buyer’s or seller’s market?
Minneapolis is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.3Under 4 months = seller’s market
Sold above original list30.8%Share of sales, last 3 months
Median sale-to-list98.9%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$233▲ +5.6% vs. last year
Run the numbers for 55414
Nearby markets
Champlin 55316Seller’s market $201 /sq ftDayton 55327Seller’s market $214 /sq ftEden Prairie 55344Seller’s market $217 /sq ftEden 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