State Housing Market Report
Minnesota Housing Market
87 counties with data ยท Updated monthly
Avg Home Value
$266,492
โฒ 4.7% year-over-year
Avg Rent/Month
$1,280
Homes For Sale
14,391
Counties
87
The Minnesota housing market spans 87 counties with active market data. The average home value across Minnesota is $266,492, up 4.7% year-over-year. Renters in Minnesota pay an average of $1,280 per month. There are currently 14,391 homes listed for sale statewide.
The most expensive county in Minnesota is Carver County with an average home value of $475,192 (up 0.7% YoY). The most affordable is Traverse County at $147,042 (up 11.1% YoY). That's a $328,151 spread between the top and bottom of the market.
Minnesota is appreciating faster than the national average, driven by strong demand and limited inventory in key metros. Each county report below includes historical home value charts going back to 2000, bedroom-level price breakdowns, market activity indicators, affordability analysis, and 12-month forecasts from Zillow. Click any county to explore its full market data and ZIP code breakdown.
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All Counties
Minnesota Counties by Home Value
All 87 counties in Minnesota ranked by average home value. Click any county to see its full market report.
Data Sources and Methodology
Market data on this page comes from the Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI), updated monthly by Zillow Research. Statewide averages are computed from individual county data.
Data is refreshed on the 17th of each month.
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