Reports  ›  Weekly · 2026-05-31

Minnesota real estate — week of May 29, 2026

Minnesota's major metros split this week: 1 negative, 1 positive on year-over-year median sale price. Range this week: minneapolis-st-paul-bloomington at -1.0% YoY to rochester at +3.7%.

Headline numbers

Duluth

Minneapolis

$331K -1.0%

Rochester

$339K +3.7%

This week's signals

Strength 4 / 5

$510K

Plymouth avg sale price crossed $500K — now $510K

Crossing $500K is a narrative hinge — buyer shopping-by-price bands and seller list-price anchoring both reset when a market moves past a round number.

Strength 4 / 5

41 days

Brooklyn Park homes taking 41 days to sell — +141.2% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$320K

Minneapolis median price -5.9% YoY

Price-per-sqft also -2.3% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$385K

Plymouth median price -21.8% YoY

Price-per-sqft also -2.7% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$382K

Maple Grove median price -11.8% YoY

Price-per-sqft also -5.5% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

3 listings

Stewartville new listings -69.4% vs. 5-year average for this month

Far fewer sellers are listing than is typical for this month — the scarcity tends to harden prices and compress DOM on whatever does come to market.

Source divergence

ZIP-level reconciliation will appear here once curated ZIP coverage lands for Minnesota.

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