Sign up for Details

Sign up for our newsletter below, if you have additional questions please contact us at marketing@builderonline.com

By clicking this button, you agree to our
Terms & Privacy Policy
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Twin Cities

The state capital, St. Paul, and neighboring Minneapolis make up the Twin Cities, an incredibly rich and diverse area with dramatic skylines, exciting pro sports, award-winning theater, renowned restaurants and a booming craft beer scene.

Get Updates

440

Total Number of Projects

$449,223

SFD New Home List Price

$82,234

Median Household Income

20,923

Total Housing Permits

Market Health

Minneapolis' population is 3.7M, with a total workforce of 2.0M. The labor market lost 4,700 jobs over the past year, down by 0.2%. The median household income in Minneapolis is $81,910, 2.9% higher than last year and 29.6% above the national average of $63,179.In the housing market, total permits issued totaled 21,679 over the last twelve months, up 20.5% year-over-year. Minneapolis has 432 active new home projects on the market, 1.4% fewer than the 438 from last year. The average list price in the market is $429,408, 2.9% lower than last year and 33.6% above the national average. Over the last three months, new home contracts decreased by 1.3% to 1,535. Lakeville and Woodbury had the highest concentration of the new home contracts in the Minneapolis market.

Upcoming Frames

Webinar

November 17, 2020

11 AM CDT
Twin Cities Fall Frame
Reserve Your Spot

Nearby Markets

Back to Markets