Minnesota Homes For Sale
The state of Minnesota has 5 Homes For Sale listed across cities. The median value of houses in Minnesota is $309,500 with an appreciation rate of 10.8%. 25.0% of housing in Minnesota is rented and the vacancy rate is 9.8%.
Learn More About Minnesota Homes For SaleStatistics & facts
5.67M
Population
$309K
Medium Home Value
2.22M
# of Households
9.77%
Housing Vacancy
29.89%
Future Job Growth
2.90%
Unemployment Rate
Population
Minnesota has a population of approximately 5,670,472 and experiences a population change rate of 15.27%. The population density is 71.2 / sq mi.
Household
The median household income for Minnesota is $77,706, with 2,229,100 households and an average household size of 2.49.
Cost of Living
The cost of living index in Minnesota is 106.3%.
Home Value
The median value of a home in Minnesota is $309,500 with an appreciation rate of 10.8%. 65.2% of housing in the state is owned while 25.0% is rented.
Employment
The unemployment rate in Minnesota is 2.90%, and recent job growth is at 0.18%. Future job growth is projected at 29.89%.
Taxes
The sales tax rate in Minnesota is 7.38%, while the income tax rate is 6.80%.
Education
School expenditures in Minnesota are $17,228, and the school ratio is 16.3:1.
Weather
The average high temperature in July is 81.4 degrees, with an average low temperature in January of 1.8 degrees. The average rainfall is approximately 29.4 inches per year, with 46.8 inches of snow per year.
Top 5 Reasons to move to the State of Minnesota
Minnesota’s Abundant Lakes
Minnesota’s nickname says it all: the “Land of 10,000 Lakes” means endless water adventures! With over 14,000 lakes to choose from, you’ll never run out of things to do. Spend your summers boating, fishing, or kayaking, and when the temperatures drop, switch to ice fishing and snowmobiling. The state’s lakes aren’t just for fun; they’re the perfect backdrop for those postcard-worthy sunsets. Whether you’re a water sports junkie or love lounging by the shore, Minnesota’s lakes have something for everyone.
Creative Minnesota Arts Scene
In Minnesota, the arts are anything but ordinary — after all, Minneapolis was the home of Prince. The Twin Cities are a cultural hotspot, home to legendary venues like the Guthrie Theater, where you can catch everything from classic plays to cutting-edge performances. And with events like the Minnesota Fringe Festival showcasing independent artists, there’s always something fresh and exciting on the scene. Whether you’re into theater, music, or visual arts, Minnesota keeps the creative juices flowing year-round.
Rich Native American Heritage in Minnesota
Minnesota is deeply connected to its Native American roots, with several indigenous tribes calling the state home. Residents can explore cultural sites and museums, like the Minnesota Indian Museum and Cultural Center in St. Paul, to learn about Native American history and traditions. Festivals like the Twin Cities Native American Pride Festival celebrate this rich heritage, offering a deeper appreciation for the state’s diverse indigenous cultures and their contributions to Minnesota’s identity.
Outdoor Minnesota Wonderland
Outdoor lovers rejoice! Minnesota is a trailblazer — literally — when it comes to scenic routes for biking, hiking, and snowmobiling. Trails like the Mississippi River Trail and Root River State Trail provide cyclists and hikers with endless views, while the Northstar State Trail opens up a winter wonderland for snowmobiling. Whether you’re hitting the trails in summer or winter, Minnesota’s extensive network of paths keeps you connected to nature and adventure year-round.
Celebrate the Seasons in Minnesota
Minnesota doesn’t just have seasons — it celebrates them! From the magical Ice Castles in winter to the lively Lakeside Music Festival in summer, every season is packed with unique events that bring people together. Whether you’re enjoying a snowy wonderland or basking in summer sun, Minnesota’s calendar is filled with festivals and outdoor activities that make every time of year something special. In Minnesota, every season is an opportunity for fun and celebration.
