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Cedar-Riverside housing market, August 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of September 8, 2026. See the newest report (September 2026)

  • Median sale price$74K— vs. August 2025
  • Homes sold2— vs. August 2025
  • Days on market174August 2026
  • Months of supply3end of August 2026

The short version

Cedar-Riverside in August 2026

In August 2026, 2 homes sold in Cedar-Riverside, against 0 in August 2025.

The median sale price was $73,522, and homes spent 174 days on market, with sellers receiving 82% of their original list price.

The month ended with 7 homes for sale, 3 months of supply (a seller’s market by the usual measure).

Over the 12 months through August 2026, the median was $126,000 (up 16.7%) across 22 sales.

Only 2 homes sold here in August 2026, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through August 2026, Cedar-Riverside
0250k500k750kOct 2024May 2025Sep 2025Jan 2026Jun 2026Aug 2026$108,000Oct 2024$108,000Dec 2024$267,500Mar 2025$82,500May 2025$260,000Jun 2025$191,400Jul 2025$60,000Sep 2025$107,500Oct 2025$525,000Nov 2025$192,500Jan 2026$120,000Apr 2026$116,250May 2026$148,450Jun 2026$147,500Jul 2026$145,000$73,522Aug 2026$73,522

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$108,000
Dec 2024$267,500
Mar 2025$82,500
May 2025$260,000
Jun 2025$191,400
Jul 2025$60,000
Sep 2025$107,500
Oct 2025$525,000
Nov 2025$192,500
Jan 2026$120,000
Apr 2026$116,250
May 2026$148,450
Jun 2026$147,500
Jul 2026$145,000
Aug 2026$73,522

All the numbers

Cedar-Riverside, August 2026 vs. August 2025

August 202612 months through August 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price—$73,522—$108,000$126,000+16.7%
Average sale price—$73,522—$158,600$154,020−2.9%
Price per square foot—$89—$145$119−17.4%
Closed sales02—822+175.0%
New listings42−50.0%2925−13.8%
Days on market—174—219175−20.1%
% of original list price received—82%—83.5%88.8%+6.3%
Homes for sale (end of month)187−61.1%———
Months of supply13.53−77.8%———
Twin Cities region, median price$400,000$405,000+1.3%$389,000$395,000+1.5%

Source: Minneapolis Area REALTORS® Local Market Update, Cedar-Riverside, August 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of September 8, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Cedar-Riverside in August 2026: questions

What was the median home price in Cedar-Riverside, Minneapolis in August 2026?

$73,522, from 2 sales, according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). With so few sales, a single month can swing a lot; the 12-month median was $126,000.

How many homes sold in Cedar-Riverside, Minneapolis in August 2026?

2, against 0 in August 2025. 2 new listings came on the market that month.

Was Cedar-Riverside a buyer's or seller's market in August 2026?

Cedar-Riverside ended August 2026 with 3 months of supply (7 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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