If you’re like many residents in Minnesota, your home is probably your most important asset. Selling it is a major decision. Whether you’re moving to another state, relocating to the suburbs, or downsizing, you’re ready to sell and want the process to be as seamless as possible while maximizing your proceeds.
As you plan, it’s essential to understand the potential costs associated with selling your property. This article outlines the expenses you can expect and provides expert insights to give you a clearer picture of the cost of selling a house in Minnesota.
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Housing trends in Minnesota
Similar to the national landscape, Minnesota’s housing market is facing high interest rates and elevated home prices.
“The Twin Cities housing market is very active right now. Many sellers are getting full-price, multiple offers, and properties are still being picked up quickly,” says Chuck Carstensen, a top Minnesota real estate agent who works with over 66% more single-family homes than average agents in his market.
Here’s a breakdown of the current real estate conditions in Minnesota:
| As of April 2025 | |
| Days on market | 51 days |
| Median home sale price | $345,000 |
| List price vs. sale price | 98.1% |
| Supply of inventory | 2.3 months |
| Population growth year over year | +0.69% |
Sources: Minnesota Realtors, World Population Review
Minnesota sellers should note the days on market (DOM), which indicates the average time from listing to receiving a signed purchase agreement. In Minnesota, the average DOM is 51 days.
“Rural Minnesota areas are a little more hit or miss. Sometimes the price looks good, and the home will sell right away, still with multiple offers. Other times, there are homes listed at what seems to be a fair market price, and it still takes thirty to fifty days to sell, just based on the location,” Carstensen says.
Start with a home value estimate
To estimate how much it costs to sell a house in Minnesota, a good first step is to get a home value estimate. Given the rapid changes in values and markets, now is an excellent time to evaluate your home’s worth. You might be pleasantly surprised by its value.
You can quickly request an online estimate using HomeLight’s Home Value Estimator. This free automated valuation model (AVM) tool will analyze recent sales, local market trends, and your Minnesota home’s latest selling price to provide a preliminary value range in under two minutes. Just enter your address to begin.
How much does it cost to sell a house in Minnesota?
The answer varies. Based on our research, the cost to sell a home in Minnesota typically ranges from 6% to 10% of your selling price.
For example, if you sell your home for $345,000 — the median home price in Minnesota — your selling costs could be approximately $20,700 to $34,500.
Which end of this estimate you can expect to pay will largely depend on your choices regarding home prep, agent commissions, and any concessions you may offer to the buyer. Let’s look at what you need to consider when calculating the cost of selling a house in Minnesota.
What are common expenses for sellers in Minnesota?
Carstensen notes that the cost to sell a house in Minnesota can vary based on the homeowner’s circumstances and the state’s evolving market.
Several factors can affect the cost of preparing your property for sale, including the home’s size, age, and condition. The following estimated prices serve as a guide to help you plan.
Prepping your house for sale
Preparing your Minnesota home for sale typically costs between 1.5% and 2.7% of your home’s final sale price. Based on a $345,000 median home price, this could amount to approximately $5,175 to $9,315.
To break down these expenses:
- Pre-sale repairs: $4,500-$5,400, depending on the year your home was built and its maintenance
- Staging the home: $1,500-$4,000 (recommended by agents for higher proceeds)
- Professional cleaning services: $118-$237, depending on the home’s size
- Interior painting: $966-$3,086
- Landscaping work: $1,248-$6,281
- Pre-listing inspection: $250-$500 (if desired or needed)
Before undertaking major projects, such as a kitchen remodel or roof replacement, consult with your agent. An experienced Minnesota real estate agent can advise you on what needs fixing and what doesn’t when selling your home.
Realtor fees in Minnesota
Agent commissions are some of the biggest costs in a real estate transaction. In Minnesota, Realtor fees can range from 2.5% to 6%, depending on whether you choose to pay the buyer’s agent commissions, which is no longer a given due to a landmark court settlement that changed commission rules nationwide.
Based on the median home price of $345,000 in Minnesota, you can expect to pay between $8,625 (2.5%) and $20,700 (6%) in real estate agent commissions.
While agent commissions may seem high, working with an experienced professional can significantly impact your final net proceeds. HomeLight transaction data indicates that the top 5% of agents across the U.S. sell homes for as much as 10% more than the average agent.
Later in this article, we’ll illustrate how commissions might affect your total selling costs in our at-a-glance analysis chart.
Seller concessions
Seller concessions can contribute to the overall cost of selling a house in Minnesota. Beyond the direct costs of preparing your home and Realtor fees, indirect costs may also surface during the transaction. These indirect costs may include seller concessions and buyer incentives.
A concession occurs when a seller agrees to use part of their proceeds to cover some or all of a buyer’s closing costs. The amount of these costs will depend on market conditions and your selling situation.
“Repair credits usually come after the inspection. Sometimes the seller agrees to fix a few things, and other times they offer a credit instead. I don’t have an exact percentage tracked on that, but I’d say it happens around 25 to 30% of the time,” Carstensen says.
While sellers are not obligated to make concessions, doing so can attract more buyers, help your home stand out, and facilitate closing the deal. Here’s a quick overview of some seller concession examples that might increase the cost of selling a house in Minnesota:
- Home inspection fees: $296-$424, depending on square footage
- Buyer’s home warranty: $350-$900 ($1,200-$1,400 for more comprehensive plans)
- Repair credit: Seller credits vary and can reduce your net proceeds
Closing costs and additional fees
Your closing costs and additional fees (excluding agent commissions) will likely range from 2% to 4% of your home’s selling price. Using Minnesota’s median home price of $345,000, this would be between $6,900 and $13,800.
So, what closing costs do sellers pay in Minnesota? Here are examples of what you’ll find on your final settlement statement:
- Escrow fee
- Title insurance premiums
- Title search fees
- Tax liens or other judgments
- Homeowner’s association dues
- Reconveyance fee and recording fees
- Prorated property taxes
- Mortgage loan payoff amount (U.S. average: approximately $250,000)
- Real estate transfer tax
“For 2025, it’s crucial to maximize the price while also keeping costs down. Closing costs might not increase much, except if a house lingers on the market due to being mispriced or mishandled. If that happens, you’ll likely see more buyer requests for concessions,” Carstensen says.
At-a-glance home selling cost example for Minnesota
This at-a-glance analysis is based on the median home price of $345,000 in Minnesota. For simplicity, this table does not include a mortgage payoff amount. These figures may be a helpful planning tool as you prepare to sell your home.
| Prepping your home for sale | $6,900 | 2% |
| Realtor fees (commissions) | $10,350 | 3% (listing agent only) |
| Concessions, closing costs, taxes, fees | $10,350 | 3% |
| Transfer tax | $1,138.5 | $1.65 for every $500, or 0.33% of the transaction |
| Total selling cost example | $28,738.50 | 8.33% |
*General estimates based on Minnesota’s median home price of $345,000
If you decide to cover the buyer’s agent fee: Add an estimated 2.5% or $8,625.
How much profit will you make? To gain a better understanding of your potential earnings after expenses, try HomeLight’s Net Proceeds Calculator. This free tool considers all the selling costs discussed in this post, including your mortgage payoff amount.
Relocation expenses
One cost you might overlook is the cost of relocating. Moving expenses vary based on your destination and whether you hire professional movers to pack your belongings. Here’s a general idea of moving costs after selling your home:
- Typical cost to move: $882-$2,567
- Typical cost to move out of state: $3,000-$9,500
How can I reduce my seller costs in Minnesota?
There are several ways to minimize the cost of selling a house in Minnesota — some more effective than others. For example:
- Make repairs yourself when possible
- Negotiate a lower commission with your real estate agent
- Use a discount-commission agent or brokerage
- List your home for sale by owner (FSBO)
- Avoid offering seller concessions or buyer incentives
- If you agree to cover closing costs or provide a repair credit, consider raising your Minnesota home’s purchase price
- Resist the temptation to over-improve or make unnecessary repairs when selling
- Sell your house off-market
- Time your home sale using HomeLight’s Best Time to Sell Calculator
- Work with a top-performing Minnesota agent who has a proven sale-to-list ratio
While a discount agent or broker may offer lower-cost services, they might lack the experience needed to successfully close the sale, potentially costing you money in the end.
“Someone might be an expert at selling acreage properties or lake properties, and they may do that well. But if you pick a Realtor who isn’t experienced with that type of property, it could be a problem — even if you’re getting a discount,” Carstensen explains.
Helpful tools for your next home purchase
As you look forward to buying your new home, consider these HomeLight tools and our Buy Before You Sell program:
Connect With a Top Agent to Sell Your Minnesota Home
It takes just two minutes to match clients with the best real estate agents, who will contact you and guide you through the process. To connect with an agent, simply tell us a little bit about your property and how soon you’re looking to sell.
Our data shows the top 5% of agents across the U.S. help clients sell their home for as much as 10% more than the average real estate agent.
Partner and plan with a top Minnesota agent
An important first step in determining the cost of selling a house in Minnesota is to secure a home value estimate.
Next, you need to devise a plan to maximize your profits. HomeLight’s free Agent Match platform can pair you with a top real estate agent in your Minnesota market who can help sell your property above its list price.
“It’s important to work with someone who knows the market, knows how to handle your specific type of property, and understands your location and neighborhood. That way, they can help you maximize what you’re getting while keeping costs down,” Carstensen says.
Typically, the cost to sell a house in Minnesota ranges from 6% to 10% or more of your home’s final sale price.
HomeLight’s Agent Match can connect you with the highest-performing agents in your market. A leading agent can help you make the most of your home sale.
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