Excelsior's Summer Calendar: Events Ahead and the Triathlon's Status
See what's still on Excelsior's August calendar, and why the stalled Lake Minnetonka Triathlon reveals how this town's summer really gets built.
Excelsior, Minnesota
Excelsior Real Estate
Homes for sale, local facts and advice for buying or selling in Excelsior, Hennepin County, from Huerkamp Home Group.
Key takeaways
What should you know about Excelsior at a glance?
Excelsior is a west metro city in Hennepin County, home to 2,296 people. Here's what the public numbers say.
- Population: 2,296 (Census 2024 estimate; -2.7% since 2020)
- Median home value: $909,200, 131% higher than the Hennepin County median (owner estimates, Census ACS)
- Median household income: $103,068, 6% higher than Hennepin County
- Homeownership: 48.3% of households own their home (Minnesota: 72.2%)
- Getting around: about 28 minutes to downtown Minneapolis and 32 minutes to MSP Airport in light traffic
- Schools: Minnetonka Public School District covers about 100% of the city
Sources: US Census Bureau 2024 population estimates and 2020–2024 American Community Survey; drive times from OpenStreetMap routing.
For sale now
Where can I find Excelsior homes for sale?
The newest Excelsior listings, live from the NorthstarMLS. Open any home for photos, maps and saved-search alerts.
$565,000500 William Street, Excelsior, MN 55331MLS #7168303
Listing courtesy of Keller Williams Realty Integrity
$1,100,000423 Lake Street, Excelsior, MN 55331MLS #7164580Listing courtesy of Keller Williams Realty Integrity Lakes
$579,900542 3rd Avenue, Excelsior, MN 55331MLS #7163286Listing courtesy of Coldwell Banker Realty
$1,799,000163 2nd Street, Excelsior, MN 55331MLS #7158613Listing courtesy of eXp Realty
$1,475,000126 Courtland Street, Excelsior, MN 55331MLS #7145144Listing courtesy of Coldwell Banker Realty
$1,299,700603 Lake Street #307, Excelsior, MN 55331MLS #7143535Listing courtesy of Trenary Realty Group
See all 13 Excelsior homes for sale
- Under $500,000 1
- Under $600,000 4
- Under $700,000 4
- Under $800,000 5
- Under $1 million 5
- Under $1.5 million 10
- Under $2 million 12
- $1 million and up 8
- Single-family homes 9
- Condos 3
- Land and lots 1
- 3+ bedrooms 9
- 4+ bedrooms 7
- New construction 3
- Lakefront 2
- 1+ acre 1
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
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, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 8:18 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
Listings from NorthstarMLS, updated every hour from 8 AM to 10 PM.
Recently sold
What did homes in Excelsior sell for?
Homes sold in Excelsior in the last 6 months, from NorthstarMLS.
See every Excelsior sale on the map
This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
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, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
Stay ahead of the market
How can you get new Excelsior listings first?
Tell us your price range and we'll email new Excelsior listings that match. No spam, and you can unsubscribe anytime.
- Pick your price, beds and home type
- New listings emailed as they come on the market
- Questions answered by a local agent
Housing market · September 2026
Excelsior home prices and sales
Over the 12 months through September 2026, the median sale price in Excelsior was $725,000, down 22.6% from the year before, with 57 homes sold.
- Median sale price$725,000−22.6% vs. prior 12 months
- Homes sold57past 12 months
- Days on market46past 12 months
- Months of supply5.1end of September 2026
NorthstarMLS data via the Minneapolis Area REALTORS® Local Market Update, current as of October 7, 2026. Full Excelsior market report
Living in
What's it like living in Excelsior, MN?
The answer
Excelsior is a west metro city, and it's about 28 minutes from downtown Minneapolis and 41 minutes from downtown Saint Paul in light traffic. 48.3% of its homes are single-family houses, the typical home was built around 1970, and 48.3% of households own their home.
Downtown Minneapolis28min
Downtown Saint Paul41min
MSP Airport32min
Mall of America28min
University of Minnesota32min
Hover a community —Excelsior2,296 residents · Hennepin County
Demographics · Excelsior, MN
Who lives in Excelsior?
According to the Census Bureau, Excelsior's median household income is $103,068, 6% higher than the Hennepin County median (Hennepin County: $97,653). The median age is 47.1, 48.3% of households own their home and 58.2% of adults hold a bachelor's degree or higher.
Population2,2961,272 households
Median household income$103,068Hennepin Co. $97,653 · MN $89,062
Median home value$909,200Hennepin Co. $392,900 · MN $329,300
Median gross rent$1,143Hennepin Co. $1,487 · MN $1,280
Homeowners48.3%Hennepin Co. 62.7% · MN 72.2%
Bachelor's degree or higher58.2%Hennepin Co. 54.1% · MN 39.4%
Median age47.1Hennepin Co. 37.6 · MN 38.8
Single-family homes48.3%Median year built: 1970
US Census Bureau, American Community Survey 2020–2024 5-year estimates; population from 2024 estimates. Home values are owner estimates; values shown with “+” are the Census reporting cap. Excelsior is small, so these survey figures rest on few responses and can have wide margins of error.
Population trend
How fast is Excelsior growing?
Excelsior's population shrank 2.7% between 2020 and 2024, from 2,360 to 2,296 residents, according to Census Bureau estimates.
US Census Bureau Vintage 2024 population estimates.
Show as a table
| Year | Residents |
|---|---|
| 2020 | 2,356 |
| 2021 | 2,325 |
| 2022 | 2,299 |
| 2023 | 2,285 |
| 2024 | 2,296 |
School planning
Which schools serve a Excelsior address?
- Minnetonka Public School Districtabout 100% of the city
Ask the district for the school assignment of the exact address for the year you'll enroll, since boundaries can change. Being near a school doesn't guarantee a spot, and charter and private schools set their own rules.
Minnesota Report Card (Department of Education)
District coverage: US Census Bureau 2024 school district boundaries.
Crime data
How can you check reported crime near a home?
Ask the police department that serves the address for its current reports, and compare places only across the same time period and offense definitions. Missing data doesn't mean zero crime, and a citywide number doesn't describe a particular street.
By ZIP code
What does Excelsior look like by ZIP code?
ZIP 55331 covers most of Excelsior.
| ZIP | Share of city | Median home value | Median household income | Homeowners | Listings |
|---|---|---|---|---|---|
| 55331 | 100% | $737,000 | $159,450 | 86.1% | Homes for sale |
ZIP code areas (ZCTAs) covering at least 5% of the city; values for the whole ZIP area, Census ACS 2020–2024.
Outdoor living
What lakes and water are in Excelsior?
Excelsior has little open water inside city limits, but lakes and regional parks are a short drive away. 2 lakes of 10 acres or more touch Excelsior; each has its own page with the lakefront homes for sale on it.
- Lake Minnetonka14,206 acres
- Galpin Lake46 acres
Commute & transportation
How easy is getting around Excelsior?
Excelsior residents' average one-way commute is 27.6 minutes (Census ACS). 69.1% drive alone, 0% take public transit and 23.2% work from home.
Average commute27.6 minMN average 22.7 min
Drive alone69.1%of workers
Public transit0%of workers
Work from home23.2%of workers
Drive times from Excelsior
- 28 minDowntown Minneapolis
- 41 minDowntown Saint Paul
- 32 minMSP Airport
- 28 minMall of America
- 32 minUniversity of Minnesota
Drive times: OSRM routing on OpenStreetMap data from the city's Census center point, light traffic. Rush hour takes longer.
Economy & jobs
Where do Excelsior residents work?
The largest share of employed Excelsior residents work in manufacturing (18.7%), followed by professional, scientific and management services (15.9%). The unemployment rate averaged 0% over 2020–2024 (Minnesota: 4.1%).
Census ACS 2020–2024, industry of employed residents 16 and older (C24050) and employment status (B23025).
- Manufacturing18.7%
- Professional, scientific and management services15.9%
- Education, health care and social assistance15.7%
- Retail trade14.4%
- Arts, entertainment, recreation, lodging and food8.6%
- Transportation, warehousing and utilities7.7%
City comparison
How does Excelsior compare to Greenwood, Shorewood and Tonka Bay?
The three communities with the shortest drive from Excelsior, side by side.
| Metric | Excelsior | Greenwood | Shorewood | Tonka Bay |
|---|---|---|---|---|
| Population (2024) | 2,296 | 713 | 7,557 | 1,540 |
| Change since 2020 | -2.7% | -2.7% | -2.9% | +7% |
| Median home value | $909K | $1,240K | $703K | $917K |
| Median household income | $103K | $215K | $171K | $156K |
| Median gross rent | $1,143 | $1,885 | $1,607 | $2,320 |
| Homeowners | 48.3% | 89.8% | 93.2% | 81.4% |
| Median age | 47.1 | 48.7 | 48.3 | 59.8 |
| Average commute | 27.6 min | 27.2 min | 22.6 min | 25.7 min |
| Drive to downtown Minneapolis | 28 min | 28 min | 31 min | 33 min |
Census 2024 estimates and ACS 2020–2024; drive times from OpenStreetMap routing.
Cost of ownership
What will a Excelsior home cost you each month?
Enter the numbers for a specific home. The price starts at Excelsior's Census median home value; the interest rate, property tax and insurance are yours to fill in from a lender quote, the county's tax statement and an insurance quote. This is an illustration, not a loan estimate.
Selling in Excelsior
What's required to sell a home in Excelsior?
We haven't confirmed a city pre-sale inspection for Excelsior; check with the city before you list. Every Minnesota sale still includes the state disclosures: property condition, wells, septic systems, radon, lead paint for older homes and more.
Selling in Minnesota: every city's rules and the state disclosures · Estimate your net proceeds
Is Excelsior right for you?
Who should buy a home in Excelsior?
- Compare homes, not averages. Choose the space, layout and condition you need, and confirm it with an inspection.
- Try the drive. Test your commute at the times you'd actually travel.
- Check the schools for the address. Minnetonka Public School District covers most of the city, but not all of it.
- Budget the whole payment. Include taxes, insurance, association dues and upkeep.
Planning a move
What should I verify before moving to Excelsior?
- The property's current tax statement and homestead status from Hennepin County.
- Lender, insurance and utility quotes for the exact address, plus any association documents and special assessments.
- The seller's disclosures, including Minnesota's required radon and well disclosures.
- Whether the city requires a point-of-sale inspection or certificate (Minneapolis and Saint Paul, for example, require Truth-in-Sale-of-Housing reports).
- The school assignment for your enrollment year, confirmed with the district.
Local stories
What's happening in Excelsior
Stories about Excelsior: new development, parks, local businesses and the housing market.
Living in Minneapolis on YouTube
Watch: Excelsior on video
Jason's videos about Excelsior: neighborhoods, homes and what living here is really like.
This weekend's open houses
Can you tour Excelsior homes this weekend?
Found a Excelsior home you like? We'll set up a private showing, usually within a day or two, or tell you when it has an open house.
Excelsior FAQ
What do Excelsior buyers most often ask?
What is the median home value in Excelsior?
The Census Bureau's 2020–2024 American Community Survey puts the median value of owner-occupied homes in Excelsior at $909,200, 131% higher than the Hennepin County median (Hennepin County: $392,900). These are owner estimates; for current asking prices, see the Excelsior homes for sale in our home search.
How many people live in Excelsior, MN?
About 2,296 people, according to the Census Bureau's 2024 estimate. The city shrank by 2.7% between 2020 and 2024.
Which school district serves Excelsior?
Minnetonka Public School District (about 100% of the city). School assignment depends on the exact address, so confirm it with the district before you buy.
How far is Excelsior from downtown Minneapolis?
About 28 minutes by car in light traffic, and about 41 minutes to downtown Saint Paul. Residents' average one-way commute is 27.6 minutes (Census ACS).
Is Excelsior a good place to live?
It depends on what you need. Excelsior has a median household income of $103,068, 48.3% homeownership and a 27.6-minute average commute. Visit at the times you'd normally drive, check the school assignment for the address, and compare total ownership costs before you decide.
What does it cost to rent in Excelsior?
The median gross rent (rent plus utilities) is $1,143 a month, compared with $1,487 in Hennepin County (Census ACS 2020–2024).
What ZIP codes are in Excelsior?
55331 covers most of the city. ZIP code areas and city limits don't match exactly, so check the city on the property record.
What lakes are in Excelsior?
The largest named lakes inside the city are Lake Minnetonka (about 108 acres) and Galpin Lake (about 24 acres), based on Census water maps.
How long does it take to close on a home in Excelsior?
Most financed purchases close about 30 to 45 days after an accepted offer, and cash purchases can close sooner. Your lender, the appraisal and the title company set the actual timeline.
Does Excelsior require an inspection to sell a home?
We haven't confirmed a city inspection requirement for Excelsior. Every Minnesota seller still owes the state disclosures (property condition, wells, septic, radon and more), and some counties require a septic inspection. Check with the city before you list.
Why Huerkamp Home Group
Why work with Huerkamp Home Group?
2002Founded by Jason & Brooke Huerkamp
39Agents and staff
5.0Stars from 841 Google reviews
15+Years as a Ramsey ELP
Ready to make a move?
Want to talk to a Excelsior real estate expert?
Tell us your area, budget, timing and must-haves. We'll share current listings and recent sales, and explain how we'd represent you before you decide anything.
Jason HuerkampFounder, Huerkamp Home GroupMN license 20329835(612) 843-962014300 Nicollet Ct, Ste 208, Burnsville, MN 55306
Explore nearby communities
Which communities are close to Excelsior?
Drive times from Excelsior in light traffic, with each community's Census median home value.
4 minGreenwoodMedian home value $1,240KView Greenwood →5 minShorewoodMedian home value $703KView Shorewood →7 minTonka BayMedian home value $917KView Tonka Bay →9 minChanhassenMedian home value $566KView Chanhassen →