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Twin Cities housing inventory, sales climb in June

Housing inventory and home sales in the Twin Cities climbed in June 2026, with pending sales and new listings rising and statewide inventory hitting a seven-year high.[1]

Pending home sales in the Twin Cities rose 9.7% year over year in June, while new listings increased 10.5%. Metro inventory grew 5.1% to 10,897 homes for sale, and statewide inventory reached 19,008 — up 7.5% from last year.

The Twin Cities median home price edged up 2.1% to $410,000 in June, even as homes averaged just 42 days on market. Sellers continued to capture strong returns, receiving about 99.6% of their list price on average.

Higher inventory gives buyers more choices than a year ago, but the short time on market and near-list-price sales show competition remains tight for desirable homes.[1]

  1. FOX 9
Housing Business & Economy
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📌 Key Facts

  • Twin Cities pending home sales in June 2026 increased 9.7% year-over-year, while new listings rose 10.5%.
  • Metro inventory climbed 5.1% to 10,897 homes for sale; statewide inventory hit 19,008, the highest in seven years and up 7.5% from last year.
  • The Twin Cities median home price rose 2.1% to $410,000, with homes averaging 42 days on market and sellers receiving 99.6% of list price.

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July 16, 2026