Minnesota Real Estate Market
Home values, trends, and county-level data across Minnesota. Updated Jan 2026.
Median Home Value
$335,400
↑ +2.4%
Year-over-year
5-Year Appreciation
+23.6%
Since 2021
Markets Tracked
87 counties
21 metro areas
5-Year Price Trend
Metro Areas in Minnesota
| Metro Area | Median Home Price | YoY Change |
|---|---|---|
| Minneapolis, MN | $373,919 | ↑ +1.7% |
| Duluth, MN | $244,891 | ↑ +6.0% |
| Rochester, MN | $323,702 | ↑ +3.4% |
| St. Cloud, MN | $301,924 | ↑ +3.8% |
| Grand Forks, ND | $259,677 | ↑ +6.1% |
| Mankato, MN | $294,872 | ↑ +5.2% |
| Brainerd, MN | $339,222 | ↑ +2.4% |
| Faribault, MN | $335,130 | ↑ +3.5% |
| Fergus Falls, MN | $310,140 | ↑ +3.6% |
| Winona, MN | $268,486 | ↑ +4.0% |
| Red Wing, MN | $313,663 | ↑ +3.4% |
| Bemidji, MN | $253,036 | ↑ +2.9% |
| Willmar, MN | $266,815 | ↑ +2.3% |
| Austin, MN | $193,324 | ↑ +5.3% |
| Alexandria, MN | $326,983 | ↑ +1.8% |
Counties in Minnesota
Hennepin
$373,253
↑ +1.8%Ramsey
$324,172
↑ +1.2%Dakota
$384,287
↑ +1.3%Anoka
$357,384
↑ +2.3%Washington
$428,383
↑ +1.4%Saint Louis
$235,992
↑ +7.0%Olmsted
$335,472
↑ +3.4%Stearns
$303,619
↑ +3.7%Scott
$429,887
↑ +1.5%Wright
$380,323
↑ +1.7%Carver
$469,922
↑ +0.7%Sherburne
$373,914
↑ +2.2%Blue Earth
$291,144
↑ +4.7%Rice
$335,138
↑ +3.5%Crow Wing
$348,276
↑ +1.6%Clay
$288,767
↑ +3.1%Otter Tail
$310,214
↑ +3.6%Chisago
$366,183
↑ +1.7%Winona
$268,434
↑ +4.0%Goodhue
$313,680
↑ +3.4%Beltrami
$253,216
↑ +2.9%Itasca
$236,061
↑ +1.9%Kandiyohi
$266,912
↑ +2.3%Benton
$296,172
↑ +4.1%Isanti
$326,086
↑ +1.8%Mower
$193,319
↑ +5.3%Douglas
$326,972
↑ +1.8%Steele
$283,753
↑ +3.3%McLeod
$283,294
↑ +3.9%Carlton
$282,671
↑ +4.9%Becker
$336,233
↑ +3.8%Nicollet
$300,871
↑ +5.8%Morrison
$291,528
↑ +1.9%Polk
$233,465
↑ +4.7%Freeborn
$185,378
↑ +4.4%Cass
$322,261
↑ +4.0%Pine
$243,649
↑ +1.8%Le Sueur
$337,138
↑ +2.0%Mille Lacs
$295,145
↑ +2.7%Brown
$232,084
↑ +10.0%Lyon
$210,530
↑ +6.7%Todd
$248,931
↑ +1.5%Meeker
$277,884
↑ +5.8%Nobles
$227,829
↑ +6.4%Wabasha
$296,228
↑ +3.3%Hubbard
$300,043
↑ +1.8%Fillmore
$270,153
↓ -0.1%Dodge
$314,740
↑ +5.2%Martin
$206,070
↑ +6.3%Waseca
$243,237
↑ +1.6%Houston
$304,764
↑ +5.8%Kanabec
$257,928
↑ +3.4%Aitkin
$259,342
↑ +2.8%Redwood
$173,499
↑ +7.6%Roseau
$211,140
↑ +0.8%Sibley
$275,647
↑ +5.9%Renville
$185,104
↑ +7.7%Pennington
$193,218
↓ -3.9%Wadena
$217,542
↑ +4.8%Faribault
$153,131
↑ +8.9%Chippewa
$212,309
↑ +7.0%Koochiching
$147,312
↑ +3.0%Cottonwood
$157,424
↓ -1.0%Watonwan
$165,686
↑ +5.5%Pope
$313,851
↑ +4.8%Lake
$267,630
↑ +2.7%Jackson
$217,464
↑ +9.4%Swift
$183,636
↑ +5.6%Rock
$259,394
↑ +6.5%Stevens
$204,299
↑ +6.1%Yellow Medicine
$161,696
↑ +4.8%Pipestone
$189,262
↑ +10.7%Marshall
$195,318
↑ +5.0%Clearwater
$233,506
↑ +14.4%Murray
$235,700
↑ +11.8%Lac Qui Parle
$206,942
↑ +13.2%Norman
$169,514
↑ +8.5%Wilkin
$211,960
↑ +6.8%Grant
$222,780
↑ +7.1%Lincoln
$193,615
↑ +7.7%Cook
$412,249
↑ +1.2%Mahnomen
$167,596
↑ +1.5%Big Stone
$186,223
↑ +10.4%Kittson
$152,590
↑ +13.5%Red Lake
$197,933
↑ +8.7%Lake of the Woods
$211,873
↑ +3.3%Traverse
$143,658
↑ +11.0%