Market report, updated

Market Report

Search in the county of Hennepin

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

Over the last 6 months, homes sold for 100.4% of list price in 66 days on average.

Average price, last 12 months

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

List · $589K Sold · $581K
$600K$560K$520K$480K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 1,996 sales in Jun. Last month: 1,269.

Where the market stands

All homes in this report, by status.

14,954homes
Active4,061 · 27%
Under contract1,300 · 9%
Sold (6 mo)9,593 · 64%

Buyer's or seller's market?

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

2.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$730K
Under contract$660K
Sold$557K

Average days on market

Active84 days
Under contract85 days
Sold66 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 4,061
Average list price $729,601
Avg. days on market 84 days
Avg. price per ft² $261
Avg. living area 2,313 ft²
Avg. beds / baths 3.3 / 2.6

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

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

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 235 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes among the newest.

27930 Smithtown Road$955
3580 Northshore Drive$876
1111 W River Parkway Unit 27B$857
215 10th Avenue S Unit 813$534
1120 S 2nd Street Unit 102$483
3612 W 57th Street$462
34 Cardinal Run Court$442

All active listings (4,061)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2904 Virginia Avenue SSaint Louis Park, MN 55426 422,023$499,900$2471 day
4338 Halifax Avenue NRobbinsdale, MN 55422 321,535$339,900$2211 day
5701 80th Avenue NBrooklyn Park, MN 55443 211,490$164,900$1101 day
9036 Dunbar Knoll CourtBrooklyn Park, MN 55443 431,964$439,900$2231 day
301 Oak Grove Street Unit 414Minneapolis, MN 55403 221,204$249,900$2071 day
4608 Nevada Avenue NCrystal, MN 55428 422,502$425,000$1691 day
4642 Camden Avenue NMinneapolis, MN 55412 42985$249,900$2532 days
18120 69th Place NMaple Grove, MN 55311 221,580$265,000$1671 day
2314 Garfield Street NEMinneapolis, MN 55418 321,752$334,900$1911 day
2209 Edinbrook TerraceBrooklyn Park, MN 55443 43—$489,000—1 day
LakeMinnetonkaRealEstate.com

Questions about this market?

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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.