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Nowthen 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$872K+31.7% vs. August 2025
  • Homes sold20.0% vs. August 2025
  • Days on market83August 2026
  • Months of supply2.6end of August 2026

The short version

Nowthen in August 2026

In August 2026, 2 homes sold in Nowthen, against 2 in August 2025.

The median sale price was $872,250, up 31.7% from a year earlier, and homes spent 83 days on market, with sellers receiving 101.1% of their original list price.

The month ended with 7 homes for sale, 2.6 months of supply (a seller’s market by the usual measure).

Over the 12 months through August 2026, the median was $575,000 (up 9.5%) across 31 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, Nowthen
0500k1000k1500kOct 2024Mar 2025Jul 2025Nov 2025Mar 2026Aug 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$659,900$872,250Aug 2026$872,250

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

All the numbers

Nowthen, August 2026 vs. August 2025

August 202612 months through August 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$662,450$872,250+31.7%$525,000$575,000+9.5%
Average sale price$662,450$872,250+31.7%$540,153$606,556+12.3%
Price per square foot$202$221+9.7%$212$222+4.3%
Closed sales220.0%2331+34.8%
New listings54−20.0%3439+14.7%
Days on market6183+36.1%5266+26.9%
% of original list price received100%101.1%+1.1%96.9%98%+1.1%
Homes for sale (end of month)97−22.2%———
Months of supply4.52.6−42.2%———
Twin Cities region, median price$400,000$405,000+1.3%$389,000$395,000+1.5%

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

Nowthen in August 2026: questions

What was the median home price in Nowthen, MN in August 2026?

$872,250, from 2 sales (up 31.7% from August 2025), 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 $575,000.

How many homes sold in Nowthen, MN in August 2026?

2, against 2 in August 2025. 4 new listings came on the market that month.

Was Nowthen a buyer's or seller's market in August 2026?

Nowthen ended August 2026 with 2.6 months of supply (7 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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