Phoenix - AZ vs Minneapolis - MN: 2026 Housing Comparison

Side-by-side housing data for Phoenix - AZ, AZ and Minneapolis - MN, MN - typical home value, year-over-year change, median list price, days on market, and share of listings with a price cut. Refreshed from Zillow Research public CSVs.

Metric
Phoenix - AZ
Minneapolis - MN
Typical home value (ZHVI)
$445,924
$394,711
Year-over-year change
-1.5%
+1.9%
Median list price
$484,333
$397,967
Days on market (median)
38 days
20 days
% of listings with price cut
32.4%
24.9%

What this means for buyers

Phoenix - AZ is roughly 13% more expensive than Minneapolis - MN in typical home value. Homes sit on market longer in Phoenix - AZ (38 days vs 20), suggesting more buyer leverage there. Phoenix - AZ sees more listings with price cuts (32.4% vs 24.9%), a sign of softening seller expectations.

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