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Minnesota's home sales saw a modest 2024 rise, with luxury homes in the Twin Cities up 12%.
Minnesota's home sales increased slightly in 2024, with the Twin Cities seeing a 1.8% rise.
Despite high mortgage rates and low inventory, luxury home sales in the metro area rose by 12%.
The median home price statewide reached $345,000, a 4% increase, while the Twin Cities median hit $380,000, up 3%.
Experts predict a stronger market in 2025 if interest rates stay around 6.5%, though a 14-year housing shortage persists.
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Las ventas de viviendas de Minnesota vieron un modesto aumento en 2024, con casas de lujo en las ciudades gemelas un 12%.