What Are the Market Conditions in Moorhead MN Real estate?

The real estate market in Moorhead, Minnesota is trending upward, with a median listing price of $302.2K in December 2025. This is an 8% increase from the previous year.
Median prices
Listing price: $302.2K in December 2025
Median sold price: $259.5K in December 2025
Median listing price per square foot: $142 in December 2025
Other market trends
Homes in Moorhead are selling after about 42 days
The average home value in Moorhead is $267,600, a 3.3% increase from the previous year
Minnesota housing market
Minnesota’s housing market is strong, with a strong economy and diverse attractions. However, there is a shortage of homes in the state, which is driving up prices.
Investment opportunities
Minnesota is a good market for real estate investors looking to invest in single-family and multifamily properties