Here’s where the Twin Cities housing market stood in September 2026, metro-wide.
What the month showed
Prices held while the market underneath them shifted. The median sale was $395,000, up 1.3% from a year earlier. Homes for sale rose 11.2% while pending sales fell 11.7%, so supply was outrunning demand. Sellers received 97.7% of their original list price, compared with 98.4% a year before.
The 30-year mortgage rate was 7.24%, against 6.17% a year earlier. On the same median-priced home, that difference works out to about $225 more a month.
These are metro-wide figures, not a valuation of any one home. Price band, city and street matter more than the headline number.
Go deeper
The full David Olson Real Estate Report, Twin Cities Edition for September 2026 breaks these numbers down by price band and adds vacation rentals, remodeling, luxury building and insurance. There are also Whitefish Chain and Minnesota editions for the same month.
Source: Minnesota Realtors September 2026 housing market report; reviewed October 21, 2026. Deemed reliable but not guaranteed.