Market Intelligence Report — MN-WI-460

Minneapolis-St. Paul-Bloomington, MN-WI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MN-WI-08
As of the latest 2026 data
Cooling

Median Listing

$420K
-3.1% YoY

Pending Ratio

0.42
-30.1% YoY

Active Inventory

10,976
+32.9% YoY

Median DOM

39 Days
+0.0% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Minneapolis-St. Paul-Bloomington market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Minneapolis-St. Paul-Bloomington, MN-WI.

Free ReportNo Sign-up~60 Seconds

The Minneapolis-St. Paul-Bloomington metropolitan area is currently in a Cooling phase, indicated by a pending ratio of 0.42. This figure reflects a substantial year-over-year decrease of 30.1% in the pending ratio, signaling a deceleration in market activity. Active listings have expanded significantly, increasing by 32.9% over the past year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.4%+0.6 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

3.79M+0.8% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

1,776+43.1% YoY

Building permits (private housing units) · Jul 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Minneapolis-St. Paul-Bloomington market right now.

The market is experiencing a notable expansion of supply, with active listings up 32.9% year-over-year and new listings increasing by 13.3% over the same period. Concurrently, demand indicators show a contraction, as evidenced by the pending ratio declining 30.1% year-over-year to 0.42. Median listing prices have observed a modest decline, down 3.1% year-over-year, while the share of price-reduced listings has risen 3.3% year-over-year to 20.3%.

Robert Stewart
Robert Stewart
Keller Williams Select Realty

Robert Stewart brings over 19 years of proven expertise serving the Twin Cities, Bloomington, Apple Valley, Burnsville, Richfield and more.

Historical Analysis

Market Trends

Median Price

$420K-1.2% MoM

Active Inventory

10,976+32.9% YoY

Days on Market

39+0.0% YoY

Sold Score™

49-30.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

49
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest a diminishing pressure on buyers to act swiftly, as inventory levels have expanded considerably. The significant increase in active listings combined with a lower pending ratio translates to a longer absorption period for properties. This environment necessitates greater price discipline from sellers, as the pace of transactions has decelerated, shifting negotiating leverage towards buyers without being a buyer's market.

Luxury Segment

The luxury segment does not present a distinct signal in this dataset. While the average listing price shows a 4.2% year-over-year decline, which could hint at softening at higher price points, the median $/sqft also decreased by 2.1% over the same period, suggesting a broader market trend rather than an isolated luxury-specific observation. No distinct luxury-segment signal in this dataset.

Supply Dynamics

10,976 active listings represent the current floor, with new supply arriving at roughly 5,948 per month.

Pricing Pressure
20.3%

of active listings carry a price reduction, +3.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -2.1% year-over-year.

Absorption
0.42

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Minneapolis-St. Paul-Bloomington, MN-WI? Inventory is up 33% from last year.

Minneapolis-St. Paul-Bloomington, MN-WI is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
42%
Median Days on Market
39 days
Inventory YoY
+33%

Minneapolis-St. Paul-Bloomington, MN-WI is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

Check my home's Sold Score

Talk to a local listing expert covering Minneapolis-St. Paul-Bloomington, MN-WI.

Robert Stewart

Keller Williams Select Realty

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Minneapolis-St. Paul-Bloomington market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

Track your ZIP

Get the Sold Score for your exact ZIP code in your inbox each month.

One email per month when your ZIP's Sold Score is updated. Unsubscribe anytime.

Metro Demographics

Metro Area
Minneapolis-St. Paul-Bloomington, MN-WI
CBSA Code
33460
State
MN-WI

Vetted Local Practitioners

Direct Consultation

Need a real Minneapolis-St. Paul-Bloomington expert on the phone?

Skip the search. Our vetted local practitioners know the Minneapolis-St. Paul-Bloomington, MN-WI micro-markets, pricing strategy, and negotiation dynamics — and they answer the phone.