Average Time to Sell a House in Minnesota in 2021

By 

Kristen Klempert

Updated 

December 30th, 2020

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Getting ready to sell your Minnesota home? Here’s how long you can expect it to take — and some tips on how to speed things up (and still get a great price).

  • In 2021, the average time it takes to sell a home in Minnesota — from listing through closing — is approximately 90 days. That’s 55 days to get an offer, plus the typical 35-day closing period.
  • Key factors that impact Minnesota home sale timelines include local market conditions (e.g., buyer demand, job market, rising home values, etc.), time of year, and your property’s type and condition.
  • Your agent’s listing strategy (pricing, marketing, networking, etc.) and the buyer’s financing situation — i.e., the amount of time it takes for them to secure loan approval — will also influence how long your sale ultimately takes.

Read on to learn more about how long it takes to sell a house in Minnesota and get some pro tips on how to speed up your sale, get better offers, and save thousands in the process.

Editor’s Note: The data in this article may be slightly skewed because of COVID-19’s disruptive effect on 2020 real estate trends. See the table at the end of this article to compare data from 2020 and 2019 and see how drastically trends were affected in your state.

What’s the average time to sell a house in Minnesota?


Average Time to Sell*
Average Price*
National
99 days
$601,428
State
90
$396,524
*Based on Realtor.com Data (December, 2020)

The average time it takes to sell a house in Minnesota in 2021 is 90 days — 55 days to get an offer and an additional 35 days to close. This is approximately 9.4% faster than the national average. Keep in mind that these are annual averages and the numbers will vary by month and/or season.

Best time to sell a house in Minnesota

In addition to the average days on market and list price data, we’ve compiled data on the BEST (and worst) times to sell your Minnesota house based on what’s most important to you:

  • Fastest Time to Sell: When should you list your home if you’re looking to sell quickly?
  • Highest Sale Price: What month should you list in to get the best possible price for your home?

» LEARN: the best time to sell in Minnesota

Best month to sell a house fast in Minnesota


Month*
Days on Market**
Best Month
September
44 days
Worst Month
January
91 days
*Based on Realtor.com Data (December, 2020)
**Days on market doesn't include the amount of time it typically includes to close (about 35 days)

The best month to sell a house fast in Minnesota is September. The median time it takes for Minnesota homes listed in September to sell is 44 days, which is 20 days faster than the annual average.

» READ: a comprehensive guide on how to sell your house fast

Best month to sell a house in Minnesota for price


Month*
Average Price*
Best Month
August
$404,461
Worst Month
January
$375,267
*Based on Realtor.com Data (December, 2020)

The best month to sell a house in Minnesota in terms of sale price is August. The median sale price in August is $404,461, which is 2.0% — or $7,937 — more than the annual average.

Tips to get your Minnesota home sold

1. Time the market

The time it takes to sell fluctuates based on the time of year. In Minnesota, you’ll sell fast if you list your home in September, but be sure to consult with your real estate agent to discuss the best time to sell in your part of Minnesota.

2. Stage your home to sell

Most buyers get a gut instinct about a home the moment they walk in. As a seller, you need to make sure buyers feel at home immediately by staging your property. Your realtor can offer advice on how to capitalize on popular interior design trends in your area.

3. Take professional photos for your listing

Good photos of your home will make your home stand out to buyers on listing sites, so make sure you invest in a good photographer who can make your home stand out from the crowd. Take some shots of the interior and exterior, and make sure your home is tidied up before the shoot.

4. Keep your home available for showings

Once you’ve got a buyer hooked on your listing, you need to get them in the door so they can fall in love. Try to keep your schedule open so that you can accommodate as many buyers as possible.

5. Price your home competitively

One of the hardest parts of selling a home is making sure the price is right — list your home for too much, and no one will bite. List for too little, and you’ll lose out on thousands. Speak with your realtor about a comparative market analysis (CMA), which will help determine a competitive and fair price that will make your home sell like a hot cake.

Next steps for Minnesota home sellers

If you’re looking to sell your home fast in Minnesota and get a great price, Clever can help.

Clever negotiates reduced rates with top-rated real estate agents throughout Minnesota. Get full service and support for a flat $3,000 listing fee — or just 1% if your home sells for more than $350,000. You’ll still have to offer a buyer’s agent commission, per the standard rate in your area (typically 2.5-3%), but overall, you’ll still save up to 50% on standard commission fees.

» LEARN: more about low-commission real estate agents

Importantly, home sellers who list with Clever get their first qualified offer in an average of 13 days* — that’s 42 days faster than the average time to offer in Minnesota.

Sell your house fast and save thousands!

Work with a top local agent for a fraction of the typical cost.

*Average time to offer for Clever home sellers in 2020

Average time to sell in 2019


2019*
2020*
Average Time to Sell in Minnesota:
70 days
90 days
National Average:
80 days
99 days
Average Sale Price in Minnesota:
$262,333
$396,524
National Average:
$307,750
$601,428
Best Month for Speed:
June, with an average of 22 days on market
September, with an average of 44 days on market
Best Month for Price:
June, with an average sale price of $273,000
August, with an average sale price of $404,461
*Based on data gathered from Realtor.com and Zillow Data Center

Additional resources for Minnesota home sellers