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Excelsior, MN 55331 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Excelsior, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 3737PendingPending sales: 22
Excelsior, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $1.27M$1.27MSoldMedian sold price (last 6 months): $850k$850k
What homes actually sell for in Excelsior, MN
Distribution of 287 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $620k to $1.45M
$390k to $778k: 107 sales107sales$390k$778k to $1.17M: 71 sales$1.17M to $1.55M: 36 sales$1.17M$1.55M to $1.94M: 19 sales$1.94M to $2.33M: 8 sales$1.94M$2.33M to $2.72M: 6 sales$2.72M to $3.11M: 9 sales$2.72M$3.11M to $3.5M: 3 salesMedian $850k

What the numbers say

As of October 5, 2026, Resideline is tracking 37 active listings and 2 pending sales in ZIP code 55331. That pending-to-active ratio of 0.05 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $1,275,000, while the median of the 287 closed sales Resideline tracked over the last six months was $850,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 55331 for 62 days.

Frequently asked questions

What is the median home price in 55331?

The median closed sale price in Excelsior, MN 55331 was $850,000 over the last six months, based on 287 closed sales tracked by Resideline. The middle half of those sales ranged from $620,000 to $1,450,000.

Is 55331 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 37 active listings in 55331, a pending-to-active ratio of 0.05. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 55331 currently looks like a balanced market.

Nearby ZIP code market data

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