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Minnesota Homes for Sale Under 500K

22,010 Homes for Sale

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No HOANo HOA

$499,999

Views: 12

Bedrooms: 4Bds

Bathrooms: 4Ba

Area: 2,280sqft

Single family home for sale

405 E Lake St, Osakis, MN 56360

MLS ID #7141388, Randy Fischer Real Estate, Inc

3D Tour3D Tour
New ConstructionNew Construction

$499,990

Views: 13

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 1,988sqft

Single family home for sale

17428 Dulles Ln, Lakeville, MN 55044

MLS ID #7103365, D.R. Horton, Inc.

New ConstructionNew Construction

$499,990

Views: 9

Bedrooms: 4Bds

Bathrooms: 4Ba

Area: 2,344sqft

Single family home for sale

4107 Ramsay Way, Waconia, MN 55387

MLS ID #7154699, Pulte Homes Of Minnesota, Llc

Open House
New ConstructionNew Construction

$499,990

Views: 11

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 2,439sqft

Single family home for sale

14746 74th Lane Ne, Otsego, MN 55330

MLS ID #7162668, Lennar Sales Corp

New ConstructionNew Construction

$499,990

Views: 20

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 2,984sqft

Single family home for sale

2125 Traverse Dr, Hugo, MN 55038

MLS ID #7106005, Lennar Sales Corp

Open House
New ConstructionNew Construction

$499,990

Views: 6

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,862sqft

Single family home for sale

6813 Zenwood Ln, Hamel, MN 55340

MLS ID #7154142, Lennar Sales Corp

No HOANo HOA

$499,990

Views: 15

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 2,271sqft

Single family home for sale

509 Waterford Pl, Waconia, MN 55387

MLS ID #7136228, Keller Williams Premier Realty Lake Minnetonka

New
New ConstructionNew Construction

$499,990

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 1,981sqft

Single family home for sale

1652 Lund Way, Shakopee, MN 55379

MLS ID #7168667, Pulte Homes Of Minnesota, Llc

Showing 85 - 126 of 22,010 homes for sale in Minnesota

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Minnesota Housing Market Overview

Minnesota is a balanced market, giving buyers and sellers room to negotiate. With 3.7 months of supply and homes averaging 61 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

61

Inventory

19,247

Oct 2021Jul 2024Oct 2026

Median Home Price

$362,000Up 1.97%

In Oct 2026 · YoY

Oct 2021Jul 2024Oct 2026

Mortgage Rates 30-Yr Fixed

7.18%Down 0.06%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
19,247 Up 1505.25%
Newly Listed Homes
7,774 Down 5.08%
Months of Supply
3.7 Up 1750.00%

Housing Demand

Homes Sold
5,261 Down 16.90%
Sale-to-List Ratio
98.5% Down 0.38%
Homes Sold Above List
25.6% Down 12.75%

30-yr fixed rate 7.18% · Data as of Oct 2026 · Source: Houzeo Research.

View Full Minnesota Market Report
  • mls-img
    Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Nov 7, 2026, 8:15 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
    Advertising Broker: Moe Mossa (Savvy Avenue) (612) 490-1268 | Savvy Avenue, LLC
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Homes Available icon

22,010

Homes Available

Median List Price icon

$ 362,000

Median List Price

Avg on Market icon

61 Days

Avg on Market