Using data from government and industry partners, Housing First Minnesota’s Housing Dashboard provides a look at housing affordability, access, and inventory in Minnesota.
Highlights From June 2022:
- Regionally, Minnesota continues to have the highest new, single-family detached (SFD) median home price at $479,900, up nearly $5,500 from last month.
- Wisconsin Median New SFD: $374,500
- Illinois Median New SFD: $389,000
- North Dakota Median New SFD: $377,810
- Minnesota remains more than 57,000 housing units short, despite a 15-year-high in new housing production in 2021.
- Minnesota’s supply of existing housing increased again the month to 1.4 months, up .3 months over the previous month. A healthy market has a six-months supply.
Download the June 2022 Minnesota Housing Dashboard.
