House Prices & Home Values Minneapolis, MN 2026
Average Data
| average house price | $370,822 |
| average size per house | 1737 ft² |
| average price per ft² | 214 $ / ft² |
01/24/2026 -
The value range (VR) for house prices in Minneapolis, MN is $64/ sqft to $375/ sqft. An average home with 1737 sqft costs approximately $111,168 to $651,375. Minneapolis, MN includes 45 ZIP codes and it is located in Hennepin county.
The lowest prices are found in ZIP 55412, while the highest are in ZIP 55415. The average price per sqare feet is $214. Our analysis is based on 1547 property listings.
Avergage prices by ZIP codes Minneapolis
| 55401 | 330 $ / ft² | | 55402 | 269 $ / ft² | | 55403 | 248 $ / ft² | | 55404 | 215 $ / ft² | | 55405 | 204 $ / ft² | | 55406 | 196 $ / ft² | | 55407 | 186 $ / ft² | | 55408 | 226 $ / ft² | | 55409 | 226 $ / ft² | | 55410 | 279 $ / ft² | | 55411 | 129 $ / ft² | | 55412 | 71 $ / ft² | | 55413 | 176 $ / ft² | | 55414 | 303 $ / ft² | | 55415 | 373 $ / ft² | | 55416 | 249 $ / ft² | | 55417 | 207 $ / ft² | | 55418 | 147 $ / ft² | | 55419 | 222 $ / ft² | | 55420 | 163 $ / ft² | | 55422 | 160 $ / ft² | | 55423 | 157 $ / ft² | | 55424 | 348 $ / ft² | | 55425 | 217 $ / ft² | | 55426 | 224 $ / ft² | | 55427 | 157 $ / ft² | | 55428 | 171 $ / ft² | | 55429 | 154 $ / ft² | | 55430 | 145 $ / ft² | | 55431 | 193 $ / ft² | | 55435 | 193 $ / ft² | | 55436 | 208 $ / ft² | | 55437 | 244 $ / ft² | | 55438 | 171 $ / ft² | | 55439 | 250 $ / ft² | | 55441 | 168 $ / ft² | | 55442 | 168 $ / ft² | | 55443 | 135 $ / ft² | | 55444 | 175 $ / ft² | | 55445 | 153 $ / ft² | | 55446 | 188 $ / ft² | | 55447 | 209 $ / ft² | | 55450 | 179 $ / ft² | | 55454 | 225 $ / ft² | | 55455 | 232 $ / ft² |
House prices by neighborhoods in Minneapolis
Historical development of home values in Minneapolis
| Year |
Estimated value (USD) |
Change vs. 2025 |
| 2010 |
$172,216 |
-53.6% |
| 2011 |
$165,557 |
-55.4% |
| 2012 |
$165,111 |
-55.5% |
| 2013 |
$171,283 |
-53.8% |
| 2014 |
$179,799 |
-51.5% |
| 2015 |
$189,027 |
-49.0% |
| 2016 |
$198,892 |
-46.4% |
| 2017 |
$209,627 |
-43.5% |
| 2018 |
$221,216 |
-40.3% |
| 2019 |
$231,474 |
-37.6% |
| 2020 |
$243,440 |
-34.4% |
| 2021 |
$276,887 |
-25.3% |
| 2022 |
$322,788 |
-13.0% |
| 2023 |
$340,395 |
-8.2% |
| 2024 |
$360,087 |
-2.9% |
| 2025 |
$370,822 |
0.0% |
Graph: estimated home values in Minneapolis over time (USD)
Example: 100% financing house in Minneapolis
Loan amount:
$370,822
Interest rate:
6.00%
Fixed monthly payment:
$2,223.27
Breakdown in the 1st month:
Interest portion:
$1,854.11 –
Principal portion:
$369.16
Yearly breakdown (100% financing)
| Year |
Interest per year ($) |
Principal per year ($) |
Remaining balance at year-end ($) |
| 1 |
$22,125.45 |
$4,553.74 |
$366,268.26 |
| 2 |
$21,844.58 |
$4,834.60 |
$361,433.66 |
| 3 |
$21,546.39 |
$5,132.79 |
$356,300.87 |
| 4 |
$21,229.81 |
$5,449.37 |
$350,851.50 |
| 5 |
$20,893.71 |
$5,785.47 |
$345,066.03 |
| 6 |
$20,536.87 |
$6,142.31 |
$338,923.72 |
| 7 |
$20,158.03 |
$6,521.15 |
$332,402.56 |
| 8 |
$19,755.82 |
$6,923.36 |
$325,479.20 |
| 9 |
$19,328.80 |
$7,350.38 |
$318,128.82 |
| 10 |
$18,875.45 |
$7,803.74 |
$310,325.08 |
| 11 |
$18,394.13 |
$8,285.06 |
$302,040.02 |
| 12 |
$17,883.12 |
$8,796.06 |
$293,243.96 |
| 13 |
$17,340.60 |
$9,338.58 |
$283,905.38 |
| 14 |
$16,764.62 |
$9,914.56 |
$273,990.82 |
| 15 |
$16,153.11 |
$10,526.07 |
$263,464.75 |
| 16 |
$15,503.88 |
$11,175.30 |
$252,289.45 |
| 17 |
$14,814.62 |
$11,864.57 |
$240,424.88 |
| 18 |
$14,082.84 |
$12,596.35 |
$227,828.54 |
| 19 |
$13,305.92 |
$13,373.26 |
$214,455.27 |
| 20 |
$12,481.09 |
$14,198.10 |
$200,257.18 |
| 21 |
$11,605.38 |
$15,073.80 |
$185,183.38 |
| 22 |
$10,675.66 |
$16,003.52 |
$169,179.85 |
| 23 |
$9,688.60 |
$16,990.58 |
$152,189.27 |
| 24 |
$8,640.66 |
$18,038.53 |
$134,150.74 |
| 25 |
$7,528.08 |
$19,151.10 |
$114,999.64 |
| 26 |
$6,346.88 |
$20,332.30 |
$94,667.34 |
| 27 |
$5,092.83 |
$21,586.35 |
$73,080.99 |
| 28 |
$3,761.43 |
$22,917.75 |
$50,163.24 |
| 29 |
$2,347.91 |
$24,331.27 |
$25,831.97 |
| 30 |
$847.22 |
$25,831.97 |
$0.00 |
Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment
over the entire term. Extra payments, interest rate changes, and additional purchase costs
(e.g. taxes, notary fees) are not included.
How to sell in Minneapolis, MN
| 1500 sqft | 3900 sqft |
| Ø selling price | $388,411 | $826,255 | | Ø fast selling | $353,100 | $743,629 | | Ø high price sale | $423,721 | $908,880 |
In 2026, houses in Minneapolis, MN will be offered at an average price of $214 per square foot. A 1,500 sqft home priced at $388,411 is 20.95% more expensive per square foot than a 3,900 sqft home priced at $826,255.
Home prices in Minneapolis, MN vary significantly depending on the neighborhood and location.
For a quick sale, a 2,700 sqft home should be listed at around $572,022.
Sellers who can wait longer may achieve a higher price of up to $699,138.
Discover Minneapolis, MN
Outdoors & Neighborhoods
Minneapolis, MN is a vibrant Twin Cities hub on the Mississippi River known for its parks, lakes, and bike-friendly streets.
Travelers and residents enjoy the Chain of Lakes, Minnehaha Falls, and the scenic Stone Arch Bridge for year-round recreation.
Popular neighborhoods like North Loop, Uptown, and Northeast Minneapolis offer walkable shops, breweries, and modern lofts.
Arts, Dining & Sports
The city?s arts scene thrives at the Walker Art Center, Minneapolis Institute of Art, and the historic Guthrie Theater overlooking the river.
Food lovers find award-winning restaurants, global flavors on Eat Street, and cozy coffee shops throughout downtown and beyond.
Sports fans cheer the Minnesota Vikings at U.S. Bank Stadium, the Twins at Target Field, and the Timberwolves at Target Center.
Business & Education
A strong economy features growth in tech, healthcare, finance, and startups, anchored by Fortune 500 employers and a skilled workforce.
The University of Minnesota drives research, innovation, and a lively campus culture that fuels the local talent pipeline.
Transportation & Lifestyle
Efficient transportation includes MSP International Airport, METRO light rail, and extensive trails that make commuting and exploring simple.
Despite snowy winters, Minneapolis, Minnesota delivers four-season fun, a welcoming community, and high quality of life for families and professionals.
FAQ – Home Values in Minneapolis
What is the median home value in Minneapolis in 2026?
In 2026, the typical home value in
Minneapolis is about
$370,822 for an average home size of
1737 square feet. This corresponds to an average
price of roughly $214 per square foot.
What is the average cost per square foot in Minneapolis?
In 2026, homes in
Minneapolis sell for an average of around
$214 per square foot, with a typical range
between $64 and
$375 per square foot, depending on the property’s
location, condition, and lot size.
What is the average home size in ?
The average home size in Minneapolis is about
1737 square feet, with an estimated
2026 value around
$370,822.
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