Is Minneapolis, MN 55449 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Minneapolis is a seller’s market. With about 1.8 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.8Under 4 months = seller’s market

Sold above original list25.4%Share of sales, last 3 months

Median sale-to-list99.6%Sold price ÷ list price

Median days on market31Listing to accepted offer

Median price per sq ft$195▲ +0.6% vs. last year

Run the numbers for 55449

Prefilled for 55449Can I win this house?Multiple-offer likelihood for a listing Prefilled for 55449Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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