09/30/2026
🏡 August 2026 Minnesota Statewide Housing Market Update
Realty 32 Team at NRG Real Estate Services
Minnesota’s housing market is showing signs of change as we head toward fall. More homes are hitting the market, inventory is growing, and buyers have more choices—while home prices continue to rise. 📊
August 2026 Statewide Highlights
🏠 New Listings: 9,570 — ▲ 7.1%
🤝 Pending Sales: 6,530 — ▼ 1.2%
🔑 Closed Sales: 6,926 — ▼ 2.1%
💰 Median Sales Price: $370,000 — ▲ 2.8%
📦 Months Supply of Inventory: 3.5 Months — ▲ 9.4%
🔍 What Does This Mean?
SELLERS: Home values continue to hold strong, but increased inventory means buyers have more choices. Pricing your home correctly, preparing it for the market, and having a strong marketing strategy are becoming increasingly important.
BUYERS: More inventory means more choices, more time to compare homes, and potentially more negotiating opportunities. If you’ve been waiting for more options, this changing market may be worth watching.
📈 The Big Picture
Minnesota is moving toward a more balanced housing environment. Inventory has reached its highest August level in seven years, while the median sales price still increased 2.8%.
Whether you're thinking about buying, selling, downsizing, or making your next move, the Realty 32 Team at NRG gives you options designed around your goals.
Choose With Commission • No Commission • Or Flat Fee
🏡 Your Home. Your Terms. Your Choice.
📩 Contact 612-326-8685 the Realty 32 Team at NRG for a personalized real estate strategy.
