When Is the Best Time to Sell a House in Minnesota?

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By Jon Stubbs Updated July 1, 2024

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The best month to sell a house in Minnesota is May. Last year, the average listing price for Minnesota homes in May was $312,192, which is $18,493 more than the annual average.

The best month to sell your house fast in Minnesota is June, because that's when homes tend to spend the least amount of time on the market. Last year, Minnesota homes sold in June were on the market for an average of 41 days, which is 17 days faster than the annual average.

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Best time to sell in Minnesota for speed

In Minnesota, the fastest month to sell is June, when homes spend an average of 41 days on the market (DOM) — 17 days less than the annual average.

When a market has a low average DOM, that's usually an indicator of favorable conditions for sellers, i.e., a high demand among buyers. The annual average in Minnesota is 58 days on the market, compared to the national average of 63 days.

When a state average DOM is less than the national average, it indicates a seller's market in that state. Conversely, when the state average DOM exceeds the national average, it indicates a buyer's market, meaning a less desirable time to sell.

We looked at data from 2016 onward to determine historically good months to sell quickly in Minnesota.

Month Days on market[1] Difference from average
January 86 28 days slower
February 77 19 days slower
March 50 8 days faster
April 45 13 days faster
May 43 15 days faster
June 41 17 days faster
July 47 11 days faster
August 50 8 days faster
September 54 4 days faster
October 57 1 days faster
November 64 6 days slower
December 77 19 days slower
Annual Average 58
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Best time to sell in Minnesota for price

The best month to sell for top dollar in Minnesota is May, when homes sell for an average of $312,192 (or $18,493 more than the annual average).

Historical data can help you understand when prices in Minnesota are typically at their annual high and low. While each year will have slight variations, we looked at sale prices since 2016 to determine the trends and average prices for each month.

Month Average sale price[1] Difference from average
January $280,671 -$13,028
February $295,517 $1,818
March $306,937 $13,238
April $311,008 $17,309
May $312,192 $18,493
June $310,785 $17,086
July $299,028 $5,329
August $296,037 $2,338
September $280,917 -$12,782
October $279,012 -$14,687
November $276,604 -$17,095
December $275,675 -$18,024
Annual Average $293,699
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Best time to sell in Minnesota by location

It's important to note that trends vary from region to region. The table below shows the most lucrative months to sell for five cities in Minnesota.

Location Best month to sell Typical sales premium Average days on market[1]
Minneapolis May $22,597 25
Rochester May $30,809 39
St. Cloud May $39,123 30
Duluth May $62,540 32
Mankato $0
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Top ways to sell your house no matter the time of year

If you need to sell your Minnesota home and it's not the best time of year to list, you still have options.

  • Sell your home quickly: Sell to a cash buyer or an iBuyer. Cash buyers are best for sellers who need to sell in a matter of days without investing any money to fix up or stage the home. iBuyers can also close quickly with cash, but your house needs to be in good condition to qualify.
  • Save money with a discount realtor: List with a discount brokerage and work with full-service agents who work for reduced commissions.
  • Sell without a realtor: List with a flat fee MLS company. You'll save on listing commission, but you'll need to complete every step of the selling process yourself, making this option best for experienced sellers with extra time on their hands.
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Why trust us

Data sources

Our Research Team uses real estate data from reputable sources, such as Zillow, Realtor.com, and FreddieMac, to determine the best and worst months to sell a house in Minnesota. We analyze monthly trends for listing prices, housing inventory, and mortgage rates and refresh that data on our pages as the primary sources update.

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When's the best time to sell a home in Minnesota?

If you're after the best sales price, the best month to sell in Minnesota is May when houses sell for 6.20% more than average.

If your priority is speed, June is the best time to sell because homes tend to sell 17 days faster than average.

When's the worst time to sell a home in Minnesota?

December is the month when homes sell for the least amount of money. When it comes to a quick sale, January is the worst time to list. Homes stay on the market for an average of 67 days.

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Article Sources

[1] Realtor.com – "Realtor.com Housing Data". Updated May 1, 2024.

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Our experts continually research, evaluate, and monitor real estate companies and industry trends. We update our articles when new information becomes available.

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