The housing market in Minneapolis is highly competitive, with homes receiving an average of three offers and selling within approximately 14 days. However, there has been a decrease in the median sale price of homes in Minneapolis over the past year, with a decline of 5.8% to $340,000. Additionally, the median sale price per square foot has experienced a modest decrease of 1.6% since last year, currently standing at $218. These figures indicate a dynamic real estate market in Minneapolis, with potential opportunities for both buyers and sellers.
Median Sale Price
# of Homes Sold
Median Days on the Market
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