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Excelsior Market Report

Search in the county of Hennepin, in the city of Excelsior

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LakeMinnetonkaRealEstate.com
Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 6 months, homes sold for 98.9% of list price in 73 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.56M Sold · $1.5M
$1.8M$1.4M$1M$600K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 27 sales in Jun. Last month: 16.

Where the market stands

All homes in this report, by status.

174homes
Active61 · 35%
Under contract14 · 8%
Sold (6 mo)99 · 57%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$1.62M
Under contract$2.17M
Sold$1.29M

Average days on market

Active107 days
Under contract126 days
Sold73 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 61
Average list price $1,617,549
Avg. days on market 107 days
Avg. price per ft² $490 Based on 48 of 61 homes
Avg. living area 3,346 ft² Based on 48 of 61 homes
Avg. beds / baths 3.9 / 3.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

13 homes didn’t report living area and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 48 homes plotted, up to $6M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

12 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

5150 Meadville Street$1,465
20465 Linwood Road$1,133
4410 Manitou Road$1,070
423 Lake Street$999
28100 Woodside Road$948
4650 Manitou Road$915
26750 Smithtown Road$749

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
25370 Birch Bluff RoadExcelsior, MN 55331 332,637$1,750,000$6631 day
474 William StreetExcelsior, MN 55331 421,444$650,000$4501 day
20552 Excelsior Boulevard Unit -Excelsior, MN 55331 321,684$424,999$2522 days
6160 Cardinal DriveExcelsior, MN 55331 443,600$1,585,000$4404 days
500 William StreetExcelsior, MN 55331 421,873$565,000$3014 days
5915 Sweetwater CircleExcelsior, MN 55331 444,088$1,299,900$3179 days
423 Lake StreetExcelsior, MN 55331 221,101$1,100,000$99910 days
542 3rd AvenueExcelsior, MN 55331 432,612$579,900$22214 days
4905 Regents WalkExcelsior, MN 55331 344,406$845,000$19115 days
6917 Crosby CourtExcelsior, MN 55331 331,158$334,900$28917 days
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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.