Median home value in Minnesota

Median home value in Minnesota was $329,300 in 2024, according to the U.S. Census Bureau. That is up 7.8% from 2023. That is the 23rd highest of 51 states in 2024.

2024, USD329,300
Change on 2023+7.8%
Rank23rd of 51US states ranked
Series high329,3002024
Series low250,2002021

Median home value in Minnesota, 2021 to 2024

CSVChart (SVG)

240K260K280K300K320K340K20212022202320242021: 250,200 USD2022: 286,800 USD2023: 305,500 USD2024: 329,300 USD
USD. Source: U.S. Census Bureau. Retrieved 2026-10-09, published 2026-01-29.
All 4 values
PeriodUSD
2024329,300
2023305,500
2022286,800
2021250,200

Compared with United States

Place2024
Minnesota329,300
United States332,700

Rankings

Definition

Value of owner-occupied housing units at the middle of the distribution, in US dollars of the last year of the period. Value is the owner's estimate of what the home and lot would sell for. United States: American Community Survey five-year estimate, where the period shown is the last year of the five-year span.

Owners' estimates, not sale prices. Medians outside the published range are coded 9,999 (under 10,000) or 2,000,001 (2,000,000 or more) and marked as estimated. For price changes use the FHFA house price indexes.

How to cite

U.S. Census Bureau. American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat. Retrieved 2026-10-09.

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Questions

What is the median home value in Minnesota?

Median home value in Minnesota was $329,300 in 2024, according to the U.S. Census Bureau. That is up 7.8% from 2023. That is the 23rd highest of 51 states in 2024.

Where does this figure come from?

U.S. Census Bureau. American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units. Retrieved by Invokely on 2026-10-09.

What was the highest median home value in Minnesota?

$329,300 in 2024, the highest value since 2021 in this series.

More statistics for Minnesota

All statistics for Minnesota