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. 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. Similar to the national landscape, Minnesota’s housing market is facing high interest rates and elevated home prices. “The 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,” says Chuck Carstensen, a top Minnesota real estate agent who works with over 66% more single-family homes than average agents in his market. Here’s a breakdown of the current real estate conditions in Minnesota: “Rural 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,” Carstensen says. 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. You can quickly request an online estimate using HomeLight’s Home Value Estimator. This free automated valuation model (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 to begin. 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. For example, if you sell your home for $345,000 — the median home price in Minnesota — your selling costs could be approximately $20,700 to $34,500. 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’s look at what you need to consider when calculating the cost of selling a house in Minnesota. Carstensen notes that the cost to sell a house in Minnesota can vary based on the homeowner’s circumstances and the state’s evolving market. Several factors can affect the cost of preparing your property for sale, including the home’s size, age, and condition. The following estimated prices serve as a guide to help you plan. Preparing your Minnesota home for sale typically costs between 1.5% and 2.7% of your home’s final sale price. Based on a $345,000 median home price, this could amount to approximately $5,175 to $9,315. To break down these expenses: Before undertaking major projects, such as a kitchen remodel or roof replacement, consult with your agent. An experienced Minnesota real estate agent can advise you on what needs fixing and what doesn’t when selling your home. Agent commissions are some of the biggest costs in a real estate transaction. In Minnesota, Realtor fees can range from 2.5% to 6%, depending on whether you choose to pay the buyer’s agent commissions, which is no longer a given due to a landmark court settlement that changed commission rules nationwide. Based on the median home price of $345,000 in Minnesota, you can expect to pay between $8,625 (2.5%) and $20,700 (6%) in real estate agent commissions. While agent commissions may seem high, working with an experienced professional can significantly impact your final net proceeds. HomeLight transaction data indicates that the top 5% of agents across the U.S. sell homes for as much as 10% more than the average agent. Later in this article, we’ll illustrate how commissions might affect your total selling costs in our at-a-glance analysis chart.Housing trends in Minnesota
As of April 2025 Days on market 51 days Median home sale price $345,000 List price vs. sale price 98.1% Supply of inventory 2.3 months Population growth year over year +0.69% Start with a home value estimate
How much does it cost to sell a house in Minnesota?
What are common expenses for sellers in Minnesota?
Prepping your house for sale
Realtor fees in Minnesota
