Near-North · Minneapolis, MN

Is Now a Good Time to Sell in Near-North, Minneapolis?

The median home in Near-North sells for $319,900 with prices up 21% year-over-year. Ridley's flat fee saves you $6,098.

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Near-North Real Estate Market Conditions

61out of 100

Ridley Sell Score

How it's scored →

Moderate

61/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Near-North market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Minnesota average is 2.9.

Price MomentumFavors sellers

Prices up 21.404174570000002% year-over-year — vs. -0.8% statewide.

Seller LeverageFavors buyers

Homes selling at 95.82% of asking — buyers are negotiating 4.2% below list. Minnesota average is 98.4%.

Bidding ActivityFavors sellers

42.86% of homes selling above list price — 86% above the Minnesota average of 23.1%.

Sale SpeedNeutral

72 median days on market — 15 days slower than the Minnesota average.

Market UrgencyFavors sellers

38.46% of listings go pending within 2 weeks — vs. 33.1% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Minnesota average is 27.3%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$319,900

+21%

Days on Market

72

Price per Sq Ft

$114

Sale-to-List Ratio

95.82%

Homes Sold

7

Sold Above List

42.86%

Pending in 2 Weeks

38.46%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Minneapolis — delivered monthly.

Your savings

How much can you save selling in Near-North?

$0Estimated savings

That's 6 months of groceries — save 1.9% of your home value

$319,900

$50,000$10M

Traditional Agent (3%)

$9,597

Ridley Pro (flat fee)

$3,499

Ready to sell in Near-North?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Near-North

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$9,597$3,499$999
Buyer agent$8,9572.8% avg$6,398~2% avg$6,398~2% avg
Closing costs (~1.5%)$4,799$4,799$4,799
Total cost$23,353$14,696$12,196
You save$6,098$8,598

Based on the Near-North median home price of $319,900. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Near-North

A flat fee of $3,499 instead of the typical $9,597 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Near-North market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Near-North buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $6,098 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Near-North

Ready to sell in Near-North?

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