Minneapolis, MN (Metro) - Trend of Market Heat Index for All Homes (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Market Heat Index for All Homes in the Minneapolis, MN Metro in February 2026 was 74. The month over month percentage change (MoM) was 5.71%, and the year over year percentage change (YoY) was -9.76%.

The chart below shows the trend of the market heat index for the Minneapolis, MN metro. The table below shows the trend of the market heat index, and the MoM and YoY percentage changes for the Minneapolis, MN metro.

You can see similar information for other US metros, and for the United States.

Note: The Market Heat Index is a time series that captures the balance of for-sale supply and demand in a given market. A higher number means the market is more tilted in favor of sellers. It relies on a combination of engagement and listing performance inputs to provide insights into current market dynamics. It is calculated for single-family and condo homes.

Data Source: Zillow.
Minneapolis, MN (Metro) - Trend of Market Heat Index for All Homes
Minneapolis, MN (Metro) - Trend of Market Heat Index for All Homes
1 – 10 of 98
Month Market Heat Index MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2018 65 NaN NaN
Feb 2018 67 3.08 NaN
Mar 2018 70 4.48 NaN
Apr 2018 69 -1.43 NaN
May 2018 66 -4.35 NaN
Jun 2018 62 -6.06 NaN
Jul 2018 59 -4.84 NaN
Aug 2018 55 -6.78 NaN
Sep 2018 51 -7.27 NaN
Oct 2018 49 -3.92 NaN
Nov 2018 50 2.04 NaN
Dec 2018 56 12.00 NaN
Jan 2019 65 16.07 0.00
Feb 2019 72 10.77 7.46
Mar 2019 74 2.78 5.71
Apr 2019 72 -2.70 4.35
May 2019 67 -6.94 1.52
Jun 2019 63 -5.97 1.61
Jul 2019 61 -3.17 3.39
Aug 2019 59 -3.28 7.27
Sep 2019 55 -6.78 7.84
Oct 2019 53 -3.64 8.16
Nov 2019 54 1.89 8.00
Dec 2019 61 12.96 8.93
Jan 2020 71 16.39 9.23
Feb 2020 77 8.45 6.94
Mar 2020 77 0.00 4.05
Apr 2020 77 0.00 6.94
May 2020 78 1.30 16.42
Jun 2020 81 3.85 28.57
Jul 2020 85 4.94 39.34
Aug 2020 86 1.18 45.76
Sep 2020 83 -3.49 50.91
Oct 2020 77 -7.23 45.28
Nov 2020 74 -3.90 37.04
Dec 2020 79 6.76 29.51
Jan 2021 92 16.46 29.58
Feb 2021 104 13.04 35.07
Mar 2021 107 2.89 38.96
Apr 2021 102 -4.67 32.47
May 2021 91 -10.78 16.67
Jun 2021 83 -8.79 2.47
Jul 2021 78 -6.02 -8.23
Aug 2021 73 -6.41 -15.12
Sep 2021 70 -4.11 -15.66
Oct 2021 71 1.43 -7.79
Nov 2021 76 7.04 2.70
Dec 2021 90 18.42 13.92
Jan 2022 104 15.56 13.04
Feb 2022 112 7.69 7.69
Mar 2022 104 -7.14 -2.80
Apr 2022 93 -10.58 -8.82
May 2022 81 -12.90 -10.99
Jun 2022 74 -8.64 -10.84
Jul 2022 69 -6.76 -11.54
Aug 2022 65 -5.80 -10.96
Sep 2022 60 -7.69 -14.29
Oct 2022 56 -6.67 -21.13
Nov 2022 54 -3.57 -28.95
Dec 2022 60 11.11 -33.33
Jan 2023 73 21.67 -29.81
Feb 2023 83 13.70 -25.89
Mar 2023 88 6.02 -15.38
Apr 2023 88 0.00 -5.38
May 2023 85 -3.41 4.94
Jun 2023 79 -7.06 6.76
Jul 2023 76 -3.80 10.15
Aug 2023 72 -5.26 10.77
Sep 2023 65 -9.72 8.33
Oct 2023 60 -7.69 7.14
Nov 2023 61 1.67 12.96
Dec 2023 69 13.12 15.00
Jan 2024 79 14.49 8.22
Feb 2024 87 10.13 4.82
Mar 2024 88 1.15 0.00
Apr 2024 84 -4.54 -4.54
May 2024 77 -8.33 -9.41
Jun 2024 72 -6.49 -8.86
Jul 2024 70 -2.78 -7.89
Aug 2024 67 -4.29 -6.94
Sep 2024 62 -7.46 -4.61
Oct 2024 58 -6.45 -3.33
Nov 2024 59 1.72 -3.28
Dec 2024 67 13.56 -2.90
Jan 2025 75 11.94 -5.06
Feb 2025 82 9.33 -5.75
Mar 2025 82 0.00 -6.82
Apr 2025 81 -1.22 -3.57
May 2025 74 -8.64 -3.90
Jun 2025 68 -8.11 -5.56
Jul 2025 65 -4.41 -7.14
Aug 2025 63 -3.08 -5.97
Sep 2025 59 -6.35 -4.84
Oct 2025 56 -5.08 -3.45
Nov 2025 55 -1.79 -6.78
Dec 2025 62 12.73 -7.46
Jan 2026 70 12.90 -6.67
Feb 2026 74 5.71 -9.76