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Twin Cities housing market, May 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of June 5, 2026. See the newest report (September 2026)

  • Median sale price$399K+1.0% vs. May 2025
  • Homes sold4,7130.0% vs. May 2025
  • Days on market45May 2026
  • Months of supply2.8end of May 2026

The short version

The Twin Cities in May 2026

In May 2026, 4,713 homes sold in the Twin Cities region, against 4,712 in May 2025.

The median sale price was $399,000, up 1.0% from a year earlier, and homes spent 45 days on market, with sellers receiving 99.7% of their original list price.

The month ended with 10,600 homes for sale, 2.8 months of supply (a seller’s market by the usual measure).

Over the 12 months through May 2026, the median was $390,000 (up 1.3%) across 45,658 sales.

Median sale price by month through May 2026, Twin Cities region
340k360k380k400k420kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026May 2026$381,950Oct 2024$381,950Nov 2024$376,000Dec 2024$370,000Jan 2025$370,000Feb 2025$380,000Mar 2025$380,000Apr 2025$399,900May 2025$395,000Jun 2025$401,500Jul 2025$395,000Aug 2025$400,000Sep 2025$390,000Oct 2025$389,900Nov 2025$387,000Dec 2025$380,000Jan 2026$375,000Feb 2026$380,000Mar 2026$380,000Apr 2026$392,000$399,000May 2026$399,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$381,950
Nov 2024$376,000
Dec 2024$370,000
Jan 2025$370,000
Feb 2025$380,000
Mar 2025$380,000
Apr 2025$399,900
May 2025$395,000
Jun 2025$401,500
Jul 2025$395,000
Aug 2025$400,000
Sep 2025$390,000
Oct 2025$389,900
Nov 2025$387,000
Dec 2025$380,000
Jan 2026$375,000
Feb 2026$380,000
Mar 2026$380,000
Apr 2026$392,000
May 2026$399,000

Every city

May 2026, city by city

Single-month numbers; pick a city for its full May 2026 report.

Minneapolis & Saint Paul

CityMedian priceChangeHomes soldDays on marketMonths of supply
Minneapolis$370K−2.6%445503.2
Saint Paul$300K−4.3%295402.4

North Metro

CityMedian priceChangeHomes soldDays on marketMonths of supply
Andover$440K−2.5%23493.6
Anoka$335K−1.8%26411.7
Arden Hills$528K−9.4%10102.1
Blaine$383K−5.6%89482.1
Brooklyn Center$327K+9.0%24421.9
Brooklyn Park$369K+5.9%77362.1
Centerville$408K−6.9%10157.8
Champlin$385K+5.3%28251.7
Circle Pines$345K+11.3%882.1
Columbia Heights$320K+6.7%36262.1
Columbus$538K−30.5%9103
Coon Rapids$350K+5.4%63231.7
Dayton$625K+3.4%29704.6
East Bethel$422K−5.8%13692.1
Falcon Heights$400K−3.6%8221.1
Forest Lake$470K+3.9%34562.7
Fridley$340K+2.0%22291.3
Ham Lake$633K+2.8%14274.2
Hugo$447K+4.8%36333.1
Lauderdale$345K−2.8%3191.7
Lino Lakes$523K+3.5%30402.6
Mounds View$335K−5.2%18261.2
New Brighton$383K−5.6%16572.4
North Oaks$1.11M+9.6%4424.2
Nowthen$594K+56.3%2454.1
Oak Grove$579K+0.8%14372.2
Ramsey$345K−18.2%41412.5
Roseville$413K+13.2%38442.3
Scandia$579K+11.9%21382.5
Shoreview$430K+3.1%46272.1
Spring Lake Park$324K−0.5%8101.4
St. Anthony$331K−5.6%7263
St. Francis$360K+5.9%17922.7
Vadnais Heights$326K−23.4%23682.2

East Metro

CityMedian priceChangeHomes soldDays on marketMonths of supply
Afton$585K+0.7%1184.8
Bayport$492K−29.7%6803.8
Cottage Grove$410K+4.2%76332.8
Dellwood$760K−33.3%122.8
Gem Lake$1.00M−2.9%12171.3
Grant$945K−32.9%2372.3
Lake Elmo$700K+19.1%19463.5
Lake St. Croix Beach$325K—1821.1
Lakeland$375K−45.4%3290.5
Little Canada$368K+3.9%8433.1
Mahtomedi$471K+6.4%14362.7
Maplewood$344K+12.0%40342.6
Marine on St. Croix$785K−18.8%1552.5
Newport$218K−40.1%51122.8
North St. Paul$335K−0.8%14352.5
Oak Park Heights$297K+10.0%3723.4
Oakdale$341K+22.8%32401.5
South St. Paul$318K+19.8%24321.5
St. Marys Point$410K—1—0
St. Paul Park$267K−8.8%7121.2
Stillwater$450K−20.8%37241.7
West St. Paul$326K+6.8%18351.8
White Bear Lake$355K−9.4%37311.5
Willernie$337K−1.0%1460.8
Woodbury$390K−13.1%105392.5

South Metro

CityMedian priceChangeHomes soldDays on marketMonths of supply
Apple Valley$390K+3.7%67252.5
Bloomington$385K+2.7%110361.6
Burnsville$420K+8.4%75382.2
Credit River$465K−57.7%3265.2
Eagan$417K+5.5%73312.1
Elko New Market$500K+5.6%17824.5
Empire$446K+22.0%492.3
Farmington$395K+9.0%35553.1
Hampton$450K+13.4%1545.3
Hastings$365K+2.8%37331.6
Inver Grove Heights$378K+2.0%44452.7
Lakeville$525K−3.5%115634.1
Lilydale$295K—3821.1
Mendota Heights$527K+18.2%14943.1
New Prague$370K+17.5%11423.4
Prior Lake$525K−2.2%53763
Randolph$325K—1191.6
Richfield$355K−4.3%37252.3
Rosemount$385K−13.6%53553.3
Savage$450K+3.5%41332.2
Sunfish Lake$2.05M—12024

West Metro

CityMedian priceChangeHomes soldDays on marketMonths of supply
Belle Plaine$365K+13.3%11483.6
Carver$533K−2.3%10474.3
Chanhassen$600K+48.1%48511.9
Chaska$391K−11.9%39473.2
Cologne$432K+1.3%33154.9
Corcoran$579K−13.5%18455.3
Crystal$342K+6.7%36191.3
Deephaven$2.40M—3266.5
Eden Prairie$550K+17.0%75402.6
Edina$840K+24.4%81743.1
Excelsior$655K−62.9%8233.8
Golden Valley$450K+5.9%31423
Greenfield$385K−49.7%5872.8
Greenwood$3.00M—1—2.3
Hamburg$254K+3.7%2143
Hanover$545K+29.0%6176.7
Hopkins$412K+11.4%16283.2
Independence$650K+6.3%4317.2
Jordan$457K+6.2%12593.1
Maple Grove$440K+1.1%123352.3
Maple Plain$443K+29.2%2132.5
Mayer$375K−3.2%5642.8
Medicine Lake$915K—1782
Medina$1.25M+33.2%15493.6
Minnetonka$499K−6.0%69392.7
Minnetrista$692K+11.7%18633.3
Mound$446K+41.9%8744.3
New Germany$675K−20.1%22302.5
New Hope$383K+0.8%27291.8
Norwood Young America$282K−29.2%6332.4
Orono$730K−24.9%12435.1
Osseo$351K+0.2%4112.9
Plymouth$507K−2.1%120382.4
Robbinsdale$340K+1.3%13132.2
Rockford$368K+0.7%6264.9
Rogers$475K+4.3%37543.7
Shakopee$415K−7.8%66452.9
Shorewood$750K0.0%13882.6
Spring Park$1.10M+92.1%5907.9
St. Bonifacius$305K+12.9%2311.3
St. Louis Park$450K+16.0%71262.1
Tonka Bay$617K−73.2%134.3
Victoria$585K−8.6%21352.3
Waconia$475K+3.3%33454
Watertown$400K+17.6%9164.4
Wayzata$1.17M−4.7%121345.7

Southern Minnesota

CityMedian priceChangeHomes soldDays on marketMonths of supply
Faribault$315K−6.8%23742.6
Northfield$438K+13.6%28652.7

Source: Minneapolis Area REALTORS® Local Market Update for each area, May 2026. Data from NorthstarMLS; current as of June 5, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

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