Housing in Excelsior, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,083,000

Median List Price

$1,312,000

Price Per Sq Ft

$289

Days on Market

29

Active Inventory

7

Months of Supply

1.8

Seller's market

Zillow Home Value

$792,247

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 28.9%List Price 22.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Off Market in 2 Weeks

66.7%

Sale-to-List Ratio

102.0%

Seller's market

Sold Above Asking
50.0%
Under Contract in 2 Wks
66.7%
Listings with Price Drops
14.3%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

4

Pending Sales

3

Homes Sold 100.0%New Listings 33.3%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$289

Median List $/SF

$276

Sale $/SF 40.0%List $/SF 62.4%Mar 24Jan 26

Excelsior vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Excelsior is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$839,500

Median Rent

$1,125

Total Housing Units

1,417

Vacancy Rate

18.4%

Owner Occupied

48.8%

Renter Occupied

51.2%

Median Property Tax

$8,824

per year

Monthly Cost (w/ Mortgage)

$2,560

Housing Types

Single Family
49.8%
Multi-Family
50.2%
Mobile Home
0.0%

The current median sale price in Excelsior, MN is $1,083,000 according to Redfin data. Homes spend a median of 29 days on the market. 50.0% of homes sold above asking price. The market has 1.8 months of supply. The median price per square foot is $289. The median rent is $1,125 per month (Census ACS). About 48.8% of housing units are owner-occupied. The median year homes were built is 1968. There are 1,417 total housing units.