{"id":58300,"date":"2025-05-22T13:27:26","date_gmt":"2025-05-22T20:27:26","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=58300"},"modified":"2025-07-17T06:26:41","modified_gmt":"2025-07-17T13:26:41","slug":"cost-of-selling-a-house-in-minnesota","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/cost-of-selling-a-house-in-minnesota\/","title":{"rendered":"What Is the Cost of Selling a House in Minnesota?"},"content":{"rendered":"

If you’re like many residents in Minnesota, your home is probably your most important asset. Selling it is a major decision. Whether you’re moving to another state, relocating to the suburbs, or downsizing, you’re ready to sell and want the process to be as seamless as possible while maximizing your proceeds.<\/p>\n

As you plan, it’s essential to understand the potential costs associated with selling your property. This article outlines the expenses you can expect and provides expert insights to give you a clearer picture of the cost of selling a house in Minnesota.<\/p>\n\n\n\n\n\n

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What's Your Minnesota Home Worth?<\/h3>\n

Get a near-instant real estate house price estimate from HomeLight for free. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes.<\/p>\n \n

\n Get Estimate<\/a>\n <\/div>\n <\/div>\n<\/div>\n\n\n
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Housing trends in Minnesota<\/h2>\n

Similar to the national landscape, Minnesota’s housing market is facing high interest rates and elevated home prices.<\/p>\n

\u201cThe Twin Cities housing market is very active right now. Many sellers are getting full-price, multiple offers, and properties are still being picked up quickly,\u201d says Chuck Carstensen<\/a>, a top Minnesota real estate agent who works with over 66% more single-family homes than average agents in his market.<\/p>\n

Here\u2019s a breakdown of the current real estate conditions in Minnesota:<\/p>\n\n\n\n\n\n\n\n\n
<\/td>\nAs of April 2025<\/strong><\/td>\n<\/tr>\n
Days on market<\/td>\n51 days<\/td>\n<\/tr>\n
Median home sale price<\/td>\n$345,000<\/td>\n<\/tr>\n
List price vs. sale price<\/td>\n98.1%<\/td>\n<\/tr>\n
Supply of inventory<\/td>\n2.3 months<\/td>\n<\/tr>\n
Population growth year over year<\/td>\n+0.69%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Sources: Minnesota Realtors<\/a>, World Population Review<\/a><\/em><\/p>\n

Minnesota sellers should note the days on market<\/a> (DOM), which indicates the average time from listing to receiving a signed purchase agreement<\/a>. In Minnesota, the average DOM is 51 days.<\/em><\/p>\n

\u201cRural Minnesota areas are a little more hit or miss. Sometimes the price looks good, and the home will sell right away, still with multiple offers. Other times, there are homes listed at what seems to be a fair market price, and it still takes thirty to fifty days to sell, just based on the location,\u201d Carstensen says.<\/p>\n

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Start with a home value estimate<\/h2>\n

To estimate how much it costs to sell a house in Minnesota, a good first step is to get a home value estimate. Given the rapid changes in values and markets, now is an excellent time to evaluate your home’s worth. You might be pleasantly surprised by its value.<\/p>\n

You can quickly request an online estimate using HomeLight\u2019s Home Value Estimator<\/a>. This free automated valuation model<\/a> (AVM) tool will analyze recent sales, local market trends, and your Minnesota home’s latest selling price to provide a preliminary value range in under two minutes. Just enter your address<\/a> to begin.<\/p>\n

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How much does it cost to sell a house in Minnesota?<\/h2>\n

The answer varies. Based on our research, the cost to sell a home in Minnesota typically ranges from 6% to 10% of your selling price.<\/p>\n

For example, if you sell your home for $345,000 \u2014 the median home price<\/a> in Minnesota \u2014 your selling costs could be approximately $20,700 to $34,500.<\/p>\n

Which end of this estimate you can expect to pay will largely depend on your choices regarding home prep, agent commissions, and any concessions you may offer to the buyer. Let\u2019s look at what you need to consider when calculating the cost of selling a house in Minnesota.<\/p>\n

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What are common expenses for sellers in Minnesota?<\/h2>\n

Carstensen notes that the cost to sell a house in Minnesota can vary based on the homeowner\u2019s circumstances and the state\u2019s evolving market.<\/p>\n

Several factors can affect the cost of preparing your property for sale, including the home\u2019s size, age, and condition. The following estimated prices serve as a guide to help you plan.<\/p>\n

Prepping your house for sale<\/h3>\n

Preparing your Minnesota home for sale typically costs between 1.5% and 2.7% of your home\u2019s final sale price. Based on a $345,000 median home price, this could amount to approximately $5,175 to $9,315.<\/p>\n

To break down these expenses:<\/p>\n