Department of Numbers

Special Note 7/28/2014: I'm seeing higher than expected inventories in Dallas, Orlando and Tampa that do not appear to be accurate representations of reality. Data for those cities may be more suspect than data for other locales. National home inventory will also be skewed higher as a result. As always, consider this realtime data a rough and dirty estimate and use at your own risk.

Asking Prices and Inventory for Homes in Minneapolis Minnesota

As of July 28 2014 there were about 19,375 single family and condo homes listed for sale in Minneapolis Minnesota. The median asking price of these homes was approximately $254,000. Since this time last year, the inventory of homes for sale has increased by 32.0% and the median price has increased by 8.1%.

July 28, 2014 Month/Month Year/Year
Median Asking Price $254,000 -0.4% +8.1%
Home Listings/Inventory 19,375 +1.9% +32.0%

Recent Asking Price and Inventory History for Minneapolis

Date Single Family & Condo
Inventory
25th Percentile
Asking Price
Median
Asking Price
75th Percentile
Asking Price
07/28/2014 19,375 $174,900 $254,000 $399,900
07/21/2014 19,406 $174,900 $252,250 $399,900
07/14/2014 19,056 $174,900 $253,525 $399,900
07/07/2014 18,595 $174,900 $254,900 $399,900
06/30/2014 19,016 $174,900 $254,900 $399,900

Minneapolis Asking Price History

The median asking price for homes in Minneapolis peaked in June 2006 at $257,375 and is now $3,706 (1.4%) lower. From a low of $174,950 in February 2011, the median asking price in Minneapolis has increased by $78,719 (45.0%).

25th, Median (50th) and 75th Percentile Asking Prices for Minneapolis Minnesota

Minneapolis Housing Inventory History

Housing inventory in Minneapolis, which is typically highest in the spring/summer and lowest in the fall/winter, peaked at 32,268 in August 2007. The lowest housing inventory level seen was 9,323 in January 2013.

Housing Inventory for Minneapolis Minnesota

Minneapolis Asking Price and Inventory History

Date Single Family & Condo
Inventory
25th Percentile
Asking Price
Median
Asking Price
75th Percentile
Asking Price
July 2014 19,108 $174,900 $253,669 $399,900
June 2014 18,746 $174,900 $252,710 $399,900
May 2014 17,338 $171,175 $249,925 $399,888
April 2014 15,729 $169,425 $248,400 $396,223
March 2014 13,833 $162,320 $241,640 $393,337
February 2014 12,672 $157,225 $233,650 $389,888
January 2014 12,204 $152,950 $229,785 $384,950
December 2013 13,693 $152,360 $229,100 $380,039
November 2013 15,747 $156,225 $229,850 $377,373
October 2013 13,147 $159,900 $235,925 $389,413
September 2013 15,012 $160,460 $239,820 $389,700
August 2013 15,118 $159,925 $237,400 $383,198
July 2013 13,325 $159,620 $232,960 $379,586
June 2013 11,241 $155,350 $229,925 $382,300
May 2013 10,576 $153,675 $229,900 $377,831
April 2013 10,020 $148,160 $225,738 $372,940
March 2013 9,615 $143,050 $219,175 $368,650
February 2013 9,385 $138,450 $210,150 $351,975
January 2013 9,323 $131,675 $200,800 $335,975
December 2012 10,091 $132,538 $199,939 $333,680
November 2012 11,037 $135,825 $205,975 $338,446
October 2012 12,193 $134,960 $204,380 $336,220
September 2012 12,302 $134,400 $206,450 $339,450
August 2012 12,608 $134,900 $209,825 $339,900
July 2012 13,758 $133,920 $205,860 $335,180
June 2012 13,214 $132,925 $203,178 $339,900
May 2012 15,406 $130,975 $200,973 $339,900
April 2012 15,975 $129,900 $199,900 $333,520
March 2012 15,927 $124,250 $193,975 $322,175
February 2012 15,450 $123,175 $189,275 $314,475
January 2012 15,463 $119,920 $184,940 $301,741
December 2011 16,537 $124,175 $189,150 $308,923
November 2011 18,052 $127,725 $193,350 $319,675
October 2011 19,454 $129,900 $199,080 $324,558
September 2011 20,333 $129,900 $199,575 $322,400
August 2011 21,059 $129,900 $199,360 $321,720
July 2011 21,786 $129,900 $198,950 $319,900
June 2011 22,015 $129,900 $196,700 $318,850
May 2011 21,789 $127,160 $190,900 $310,240
April 2011 21,135 $124,175 $186,575 $299,900
March 2011 21,248 $118,575 $178,550 $292,350
February 2011 20,746 $117,800 $174,950 $282,175
January 2011 20,244 $120,760 $179,040 $284,720
December 2010 21,805 $126,450 $183,800 $293,850
November 2010 23,722 $131,720 $190,700 $300,740
October 2010 25,113 $137,975 $198,075 $312,425
September 2010 25,685 $139,900 $199,900 $318,075
August 2010 25,861 $144,520 $202,720 $321,520
July 2010 25,574 $148,738 $209,675 $325,975
June 2010 25,087 $149,900 $210,425 $329,398
May 2010 24,455 $149,940 $214,435 $328,920
April 2010 24,236 $150,850 $214,856 $324,900
March 2010 21,951 $149,980 $212,835 $324,960
February 2010 19,812 $149,900 $209,900 $326,000
January 2010 18,531 $149,900 $211,175 $331,950
December 2009 19,639 $151,348 $216,700 $341,150
November 2009 21,170 $157,340 $221,920 $349,720
October 2009 22,568 $159,900 $224,975 $354,500
September 2009 23,376 $159,900 $228,794 $359,900
August 2009 24,001 $159,900 $229,135 $360,840
July 2009 24,448 $159,450 $227,625 $359,900
June 2009 24,904 $156,580 $224,940 $352,180
May 2009 24,614 $153,075 $222,400 $349,923
April 2009 24,506 $149,900 $217,650 $346,150
March 2009 24,312 $148,466 $211,040 $338,720
February 2009 23,806 $145,675 $206,475 $329,800
January 2009 24,225 $148,186 $207,528 $332,841
December 2008 25,587 $152,125 $211,882 $338,597
November 2008 27,637 $155,936 $216,095 $344,166
October 2008 28,805 $159,875 $220,450 $349,922
September 2008 29,594 $159,920 $223,300 $349,918
August 2008 30,687 $160,500 $224,750 $349,900
July 2008 30,862 $164,550 $224,900 $349,900
June 2008 31,156 $166,740 $225,760 $349,900
May 2008 30,606 $168,400 $225,472 $349,900
April 2008 29,272 $168,075 $225,225 $349,900
March 2008 28,062 $168,899 $226,380 $349,820
February 2008 26,758 $169,737 $226,675 $344,847
January 2008 25,364 $169,900 $226,950 $343,725
December 2007 27,697 $173,350 $230,340 $349,899
November 2007 30,107 $178,450 $236,825 $353,700
October 2007 31,664 $180,860 $239,900 $359,920
September 2007 32,143 $184,200 $240,600 $360,975
August 2007 32,268 $185,750 $245,818 $364,950
July 2007 32,100 $188,882 $249,720 $369,900
June 2007 31,660 $189,900 $249,900 $369,900
May 2007 30,208 $189,900 $249,900 $373,450
April 2007 27,547 $189,900 $249,900 $375,980
March 2007 24,988 $189,900 $249,900 $377,700
February 2007 23,161 $189,872 $249,900 $374,900
January 2007 21,892 $189,887 $249,615 $370,520
December 2006 24,116 $189,925 $249,875 $369,575
November 2006 26,506 $191,475 $249,900 $369,900
October 2006 28,188 $194,937 $252,340 $374,500
September 2006 28,376 $196,050 $254,675 $374,947
August 2006 28,470 $197,350 $255,175 $374,950
July 2006 28,198 $197,759 $257,030 $375,680
June 2006 27,856 $198,100 $257,375 $375,050
May 2006 26,639 $198,120 $254,920 $370,820
April 2006 24,508 $198,266 $254,600 $367,440