The State of the Market (Updated Quarterly)
Real estate moves faster than the news cycle. If you are reading a headline from six months ago about “crashing prices” or “soaring rates,” you are already behind.
This page is my Living Dashboard for the North Metro housing market. I update these numbers every quarter so you have the real data—not the clickbait.
Q1 2026 Snapshot: The “Thaw” Begins
After a stagnant 2024 and a rocky 2025, the Minnesota market is finally finding its footing.
- Inventory: We are seeing a slight uptick in listings in Coon Rapids and Blaine, but “Turn-Key” homes are still selling in under a week.
- The “Lock-In” Effect: Many sellers are still sitting on 3% mortgage rates, refusing to sell. This keeps inventory artificially low, protecting home values from crashing.
The Interest Rate Reality
The days of 3% rates are gone. The days of 8% rates seem to be behind us. We are settling into the “New Normal” of 6% range.
- Advice for Buyers: Do not wait for 2.5% to come back. Marry the house, date the rate. If you can afford the monthly payment now, you can always refinance later if rates drop.
- Advice for Sellers: You cannot price your home like it’s 2021. Buyers are price-sensitive. If you are overpriced, you will sit.
Interactive Tools
Use the dashboard below to check the current “Temperature” of the market (Buyer vs. Seller) and calculate how today’s rates impact your actual monthly budget.
Minnesota Market Pulse
Real data. No crystal balls. Updated for Q1 2026.
Market Temperature
Analyzing absorption rates…
Inventory Level
Homes for sale in Anoka Co.
The “Rate Impact” Calculator
See how today’s interest rate affects your buying power.
*Principal & Interest only. Does not include Taxes/Insurance.
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