Minnesota housing market
MN2 covered citiesData through May 2026
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Key housing metrics
Typical home value
$354K
+2.9% YoY
Median rent (covered cities)
$1,686/mo
Covered cities
2
Home valueSource: Zillow Research ZHVI, state level — smoothed, seasonally adjusted
Value YoYSource: The Narraitive on Zillow Research ZHVI
Covered markets in Minnesota
| Market | Home value | Value YoY | Rent | Rent YoY |
|---|---|---|---|---|
| Minneapolis | $339K | +1.2% | $1,686 | +4.2% |
| St. Paul | $300K | +0.9% | $1,475 | +3.2% |
Frequently asked questions
- What is the typical home value in Minnesota?
- The typical home value in Minnesota is $354K (+2.9% YoY) as of May 2026, per Zillow Research's state-level ZHVI (smoothed, seasonally adjusted, middle price tier). The two-year trend and growth rate are charted above and refresh monthly.
- Is now a good time to buy a house in Minnesota?
- The Narraitive does not provide real-estate, investment, or financial advice. Housing is local: statewide numbers hide city-level differences, so check the covered Minnesota city dashboards below against inventory, affordability, and rent-vs-buy math — and consult a licensed local professional for advice specific to your situation.
Methodology: state figures are Zillow Research’s state-level ZHVI (typical home value, middle price tier, smoothed and seasonally adjusted); city rows use the same city-level series documented on each city page. Data provided by Zillow (zillow.com/research/data), used with attribution; refreshed monthly. Never real-estate, investment, or financial advice. Corrections: hello@thenarraitive.com.