How Much Is My House Worth In Minneapolis MInnesota?

Our team of experts can help you sell your house. Get a free estimate on house value and learn more about selling your home in Minneapolis  Minnesota.

Free report

Get a free property report for MINNEAPOLIS minnesota and local insights in MINNEAPOLIS MN

real-estate-market-house-increase

MINNEAPOLIS Market conditions

Our analysts provide market trends to help you be the expert in your own home.

real-estate-sign-house-sold

MINNEAPOLIS Recently Sold

Find expert opinion on homes recently sold to help make decisions on your purchase.

calendar-2

Here are the most frequently asked questions about selling your home

Houses can sell quickly or take a long time. Some factors that can affect the sale of a house are the price, condition, location and whether it’s been used as a rental property.

The Twin Cities housing market remains strong, with the median price reaching $353,000 in March. The Twin Cities metro area set a new record median sales price of $353,000, according to new data from the Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, a 7.5 percent increase from March 2021.

Homes values in Minneapolis increased by 5.7% over the last year. Over the past five years home values in Minneapolis have increased by more than 46%. Median listing price of a single-family home in Minneapolis is $294,400 based on the most recent research from Realtor.com (November 2021).

 
 
 
11 factors that affect property value
  • Location. The location of a property is the most obvious factor that affects how much a property is worth. …
  • Supply and demand. …
  • Interest rates. …
  • Economic outlook. …
  • Property market performance. …
  • Population and demographics. …
  • Property size and features. …
  • Aesthetics.

Having short sales and especially foreclosures on your street decreases the value of your home. Even if they are not direct comparables, as in same square footage and the number of bedrooms and baths, they are in your immediate neighborhood, so can make the entire area depreciate in value.

Compare listings

Compare