Minneapolis, MN Housing Market
Market data powered by Zillow Research. Last updated: 2026-04-02
Minneapolis, MN offers balanced conditions for buyers.
- •Prices are essentially flat (1.7% YoY) — good negotiating leverage for buyers.
- •Price-to-rent ratio: 19.1 — buying and renting are roughly comparable.
Median Home Value
$380,652
ZHVI
Year-over-Year
+1.7%
Price change
5-Year Change
+19%
Since 2021
Median Rent
$1,664/mo
ZORI
Active Listings
7,725
For sale
State Avg
$341,308
Minnesota
Home Value Trends
5-year Zillow Home Value Index for Minneapolis, MN vs. state and national averages.
Rent Data
Median Rent
$1,664/mo
Rent YoY Change
+4%
Other Markets in Minnesota
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.