Minneapolis - MN vs Sacramento - CA: 2026 Housing Comparison

What this means for buyers

Sacramento - CA is roughly 48% more expensive than Minneapolis - MN in typical home value.

Minneapolis vs Sacramento: what the numbers say

At today's 7.24% average 30-year rate with 20% down, the typical home would cost about $2,114 a month in principal and interest in Minneapolis and $3,123 in Sacramento, a gap of $1,009 a month.

Typical rent runs $1,736 in Minneapolis and $2,269 in Sacramento, so the mortgage payment alone is 1.2 times rent in Minneapolis and 1.4 times rent in Sacramento, before taxes and insurance.

Home prices are 18.6 years of rent in Minneapolis and 21.0 in Sacramento; the lower ratio in Minneapolis means buying there is cheaper relative to renting.

Over the last 23 months typical values moved +3.5% in Minneapolis and -2.3% in Sacramento; over just the last three months the change was +0.4% in Minneapolis and +0.3% in Sacramento.

Homes sell for 100.3% of list price in Minneapolis and 99.6% in Sacramento, after 26 and 22 days on the market, with price cuts on 30% and 30% of listings. The signs are mixed: Minneapolis has longer time on the market, while Sacramento has more price cuts and sales further below list.

The number of homes for sale is up 19% on a year ago in Minneapolis and down 4% on a year ago in Sacramento.

Payments assume a 30-year fixed loan at the Freddie Mac weekly average rate (2026-10-29), 20% down, principal and interest only. Home values, rents and market figures are Zillow Research metro data.