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Empire housing market

September 2026 report · NorthstarMLS data via Minneapolis Area REALTORS® · current as of October 7, 2026

  • Median sale price$410K+13.9% vs. prior 12 months
  • Homes sold32past 12 months, +190.9%
  • Days on market40past 12 months
  • Months of supply1.3end of September 2026

The short version

Empire in September 2026

Over the 12 months through September 2026, the median sale price in Empire was $410,000, up 13.9% from the 12 months before.

32 homes sold in that time (up 190.9%), and 41 new listings came on the market (up 115.8%).

Homes that sold spent 40 days on market, and sellers received 99.4% of their original list price.

At the end of September 2026 there were 4 homes for sale, 1.3 months of supply, which usually favors sellers.

Only 4 homes sold in Empire in September 2026, so that month's numbers can swing a lot. The 12-month figures above are steadier.

Median sale price by month, Empire
0250k500k750k1000kNov 2024May 2025Oct 2025Jan 2026Jun 2026Sep 2026$590,000Nov 2024$590,000Feb 2025$285,000Mar 2025$298,500May 2025$365,500Jun 2025$377,450Aug 2025$512,500Oct 2025$250,000Nov 2025$282,100Dec 2025$652,500Jan 2026$585,000Mar 2026$336,100May 2026$445,750Jun 2026$535,000Jul 2026$373,200Aug 2026$400,000$423,500Sep 2026$423,500

Single months can swing when few homes sell.

Show as a table
YearMedian price
Nov 2024$590,000
Feb 2025$285,000
Mar 2025$298,500
May 2025$365,500
Jun 2025$377,450
Aug 2025$512,500
Oct 2025$250,000
Nov 2025$282,100
Dec 2025$652,500
Jan 2026$585,000
Mar 2026$336,100
May 2026$445,750
Jun 2026$535,000
Jul 2026$373,200
Aug 2026$400,000
Sep 2026$423,500
Homes sold by month, Empire
0510Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 20260Oct 20240Nov 20241Dec 20240Jan 20250Feb 20252Mar 20252Apr 20250May 20252Jun 20252Jul 20250Aug 20252Sep 20250Oct 20251Nov 20252Dec 20252Jan 20261Feb 20260Mar 20265Apr 20260May 20264Jun 20263Jul 20266Aug 202634Sep 20264
Show as a table
YearClosed sales
Oct 20240
Nov 20241
Dec 20240
Jan 20250
Feb 20252
Mar 20252
Apr 20250
May 20252
Jun 20252
Jul 20250
Aug 20252
Sep 20250
Oct 20251
Nov 20252
Dec 20252
Jan 20261
Feb 20260
Mar 20265
Apr 20260
May 20264
Jun 20263
Jul 20266
Aug 20263
Sep 20264

All the numbers

Empire vs. a year earlier

September 202612 months through September 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price—$423,500—$360,000$410,000+13.9%
Average sale price—$581,750—$387,991$457,829+18.0%
Price per square foot—$235—$196$201+2.6%
Closed sales04—1132+190.9%
New listings31−66.7%1941+115.8%
Days on market—35—2240+81.8%
% of original list price received—95.8%—101.5%99.4%−2.1%
Homes for sale (end of month)64−33.3%———
Months of supply3.31.3−60.6%———

Compared with the Twin Cities region (12 months)

AreaMedian priceChangeDays on market% of list receivedMonths of supply
Empire$410,000+13.9%4099.4%1.3
16-county Twin Cities region$395,000+1.3%5098.4%3.2

Source: Minneapolis Area REALTORS® Local Market Update, Empire, September 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of October 7, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Empire market questions

What is the median home price in Empire, MN?

$410,000 over the 12 months through September 2026, up 13.9% from a year earlier, according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). In September 2026 alone it was $423,500.

How fast are homes selling in Empire?

Homes that sold in the 12 months through September 2026 spent 40 days on market (September 2026: 35 days).

Is Empire a buyer's or seller's market?

At the end of September 2026, Empire had 1.3 months of supply (4 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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