Minnesota Inventory Is Up 31% in One Year

By Mark Callender

Hello, my name is Mark Callender and I am a licensed real estate agent with RE/MAX Results. Because I have been helping families buy and sell their homes for more than 18 years, I am now helping their children to buy their first homes and their parents to downsize. No matter the direction you’re moving, my goal is to make the process as calm and enjoyable as it can be.

The numbers came across our desk a couple of days ago, and the increase in Minnesota inventory is stunning. If you’ve been wondering whether the market has actually shifted, this is the one that answers it.

Inventory is up 31% statewide. The one-year shift in active housing inventory for Minnesota compares August 2025 to August 2026, showing 31% more inventory on the market statewide. We’ve covered this topic plenty of times, back when there weren’t enough homes for sale and again as supply started building. A swing this size changes the advice on both sides of the deal.

Buyers don’t have to rush now. With this many homes available, you don’t have to make a decision the day you walk through one. You can look at a bunch of different homes, compare what actually matters to you, and then decide. The last few years gave buyers almost no room to do that, which makes this a real change.

Sellers, this is your competition. Every one of those added listings is a house a buyer could choose instead of yours. Pricing your house right matters more than it did a year ago, and so does getting it ready before it goes live.

An overpriced house gets skipped. It costs buyers more to get into a house right now, so they’re careful where that money goes. If your house is overpriced or not move-in ready, nobody’s going to look at it, and the few who do come through won’t write an offer.

Turnkey houses are still selling. Sellers who price right and hand a buyer a house that’s genuinely move-in ready are getting deals done. The ones planning to fix things after the listing goes live are the ones watching it sit. With 31% more inventory out there, it’s time to wake up.

Rates and data centers are next. We said we’d share where these numbers come from, so here’s the chart if you want to see the full shift yourself. Two more topics are coming, both of them things we’ve been asked about constantly. Interest rates are one, since the Fed just raised them. Data centers are the other, and right now that’s the number one question we’re getting: whether it’s buying near one or selling a house that already sits beside one.

Know where your house stands. If you’re trying to figure out where your house fits in all this inventory, we’re glad to go through it with you. Same goes if you’re buying and want to see what the extra options look like. Call or text us at 612-961-9448, email us at mark@markcallenderhomes.com, or visit callenderhometeam.results.net. We’d love to help you make your next move a smart one.