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Nowthen housing market

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

  • Median sale price$575K+3.1% vs. prior 12 months
  • Homes sold34past 12 months, +54.5%
  • Days on market63past 12 months
  • Months of supply4.1end of September 2026

The short version

Nowthen in September 2026

Over the 12 months through September 2026, the median sale price in Nowthen was $575,000, up 3.1% from the 12 months before.

34 homes sold in that time (up 54.5%), and 42 new listings came on the market (up 16.7%).

Homes that sold spent 63 days on market, and sellers received 98.3% of their original list price.

At the end of September 2026 there were 11 homes for sale, 4.1 months of supply.

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

Median sale price by month, Nowthen
0500k1000k1500kOct 2024Mar 2025Jul 2025Nov 2025Mar 2026Jul 2026Sep 2026$682,500Oct 2024$682,500Nov 2024$500,962Dec 2024$420,290Jan 2025$611,250Mar 2025$510,000Apr 2025$590,000May 2025$380,000Jun 2025$495,000Jul 2025$522,500Aug 2025$662,450Sep 2025$710,000Oct 2025$572,450Nov 2025$695,000Dec 2025$441,050Jan 2026$400,000Feb 2026$490,000Mar 2026$465,000Apr 2026$669,000May 2026$593,750Jun 2026$552,500Jul 2026$659,900Aug 2026$872,250$548,500Sep 2026$548,500

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$682,500
Nov 2024$500,962
Dec 2024$420,290
Jan 2025$611,250
Mar 2025$510,000
Apr 2025$590,000
May 2025$380,000
Jun 2025$495,000
Jul 2025$522,500
Aug 2025$662,450
Sep 2025$710,000
Oct 2025$572,450
Nov 2025$695,000
Dec 2025$441,050
Jan 2026$400,000
Feb 2026$490,000
Mar 2026$465,000
Apr 2026$669,000
May 2026$593,750
Jun 2026$552,500
Jul 2026$659,900
Aug 2026$872,250
Sep 2026$548,500
Homes sold by month, Nowthen
02.557.5Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 20264Oct 20244Nov 20242Dec 20241Jan 20252Feb 20250Mar 20252Apr 20251May 20253Jun 20252Jul 20252Aug 20252Sep 20251Oct 20254Nov 20253Dec 20255Jan 20261Feb 20261Mar 20263Apr 20261May 20262Jun 20262Jul 20265Aug 202624Sep 20264
Show as a table
YearClosed sales
Oct 20244
Nov 20242
Dec 20241
Jan 20252
Feb 20250
Mar 20252
Apr 20251
May 20253
Jun 20252
Jul 20252
Aug 20252
Sep 20251
Oct 20254
Nov 20253
Dec 20255
Jan 20261
Feb 20261
Mar 20263
Apr 20261
May 20262
Jun 20262
Jul 20265
Aug 20262
Sep 20264

All the numbers

Nowthen vs. a year earlier

September 202612 months through September 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$710,000$548,500−22.7%$557,500$575,000+3.1%
Average sale price$710,000$563,000−20.7%$550,801$598,390+8.6%
Price per square foot$204$239+16.8%$218$224+3.1%
Closed sales14+300.0%2234+54.5%
New listings47+75.0%3642+16.7%
Days on market6839−42.6%5563+14.5%
% of original list price received94.7%99.5%+5.1%96.5%98.3%+1.9%
Homes for sale (end of month)911+22.2%———
Months of supply4.74.1−12.8%———

Compared with the Twin Cities region (12 months)

AreaMedian priceChangeDays on market% of list receivedMonths of supply
Nowthen$575,000+3.1%6398.3%4.1
16-county Twin Cities region$395,000+1.3%5098.4%3.2

Source: Minneapolis Area REALTORS® Local Market Update, Nowthen, 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

Nowthen market questions

What is the median home price in Nowthen, MN?

$575,000 over the 12 months through September 2026, up 3.1% from a year earlier, according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). In September 2026 alone it was $548,500.

How fast are homes selling in Nowthen?

Homes that sold in the 12 months through September 2026 spent 63 days on market (September 2026: 39 days).

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

At the end of September 2026, Nowthen had 4.1 months of supply (11 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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