Market Tracker
Real-time Twin Cities real estate data — buyer vs. seller market indicators, median prices, price per square foot, and days on market for every major suburb.
Twin Cities Metro — April 2026 Snapshot
By Neighborhood
Price Per Sq Ft by City
| City | Market | Median Price ↕ | $/Sq Ft ↓ |
|---|---|---|---|
Wayzata Hennepin County | Balanced | $895,000 | $312 |
Edina Hennepin County | Seller's Market | $685,000 | $248 |
Minnetonka Hennepin County | Seller's Market | $558,000 | $218 |
Minneapolis (SW) Hennepin County | Seller's Market | $435,000 | $212 |
Eden Prairie Hennepin County | Seller's Market | $520,000 | $205 |
St. Louis Park Hennepin County | Seller's Market | $398,000 | $198 |
Plymouth Hennepin County | Balanced | $492,000 | $196 |
Bloomington Hennepin County | Balanced | $378,000 | $178 |
Chaska Carver County | Balanced | $425,000 | $174 |
Richfield Hennepin County | Seller's Market | $318,000 | $168 |
Burnsville Dakota County | Balanced | $355,000 | $162 |
Shakopee Scott County | Balanced | $388,000 | $158 |
Click any row for market insights. Sort by column headers. Data: NorthstarMLS, April 2026 estimates.
Understanding the Market
What Does It Mean for You?
Whether you're buying, selling, or both — knowing the market type in your target neighborhood changes your strategy completely.
Seller's Market
Less than 3 months of inventory. Buyers compete, prices rise, homes sell fast.
- Price at or slightly above market — you'll likely get multiple offers
- Invest in staging and professional photography — first impressions win bidding wars
- Limit contingencies in your counter-offer to attract serious buyers
- Maria's network means your home gets shown before it hits the MLS
Balanced Market
3–6 months of inventory. Buyers and sellers have roughly equal negotiating power.
- Price precisely — overpriced homes sit and get stigmatized
- Expect buyers to ask for inspections and concessions
- Condition matters more — buyers have options and will walk on deferred maintenance
- Good time to buy: less competition, more time to make decisions
Buyer's Market
More than 6 months of inventory. Buyers have leverage, prices soften.
- Negotiate on price AND terms — sellers are motivated
- Ask for closing cost credits, inspection repairs, and rate buydowns
- Don't rush — take time to find the right home at the right price
- New construction often negotiable on upgrades and lot premiums
Work With Maria
Get a Free Market Analysis for Your Home
Maria Palmer is an Edina Realty agent specializing in the southwest Twin Cities metro. She'll tell you exactly what your home is worth today — and what it could be worth after a strategic renovation.