Hot Spot, Sweet Spot:

As the luxury real estate market evolves, buyers and sellers alike are rethinking what value really looks like—and according to new data, the answer may be right here in the Twin Cities.

A recent report from Realtor.com reveals where $1 million buys the most space, and Minneapolis–St. Paul ranks high on the list. With our market offering significantly more square footage than major metros like San Francisco, Honolulu, or even New York, it's clear that the Midwest isn’t just competitive—it’s compelling. For buyers seeking room to grow, host, work, and live well, that kind of space is more than a number—it’s a lifestyle advantage. Luxury Lens: Where in the World Does $1M Buy the Most Space?

But it’s not just about size. The National Association of Realtors recently named Minneapolis–St. Paul one of 2026’s official “Housing Hot Spots.” That recognition isn’t just a gold star—it’s a data-backed signal that the local market is poised for growth. NAR’s forecast calls for a 14% increase in existing-home sales next year, alongside a 4% rise in home prices. Translation? Demand is heating up, and the time to get strategic—whether buying or selling—is now. National Association of REALTORS® Unveils Top 10 Homebuying Hot Spots for 2026

So what does this mean for you?

If you're buying, your dollar simply goes further here. You’re not just investing in more square footage, but in a metro with rising visibility, economic resilience, and strong long-term fundamentals. And if you're thinking about selling, this momentum is on your side—more demand, more movement, and an audience that increasingly sees the value of what our market has to offer.

Whether you’re searching for your next space or getting ready to list one, Minneapolis–St. Paul has become the kind of place people are watching—and moving toward.

❓ Frequently Asked Questions

Q: Why does Minneapolis–St. Paul offer more square footage for $1M compared to other cities?

A: It comes down to market dynamics. Compared to coastal metros like San Francisco or New York, the cost of land and construction in the Twin Cities is lower. That means your money goes further—literally—in terms of space, amenities, and overall quality of life.

Q: What does it mean that Mpls–St. Paul is a “Housing Hot Spot” for 2026?

A: The National Association of Realtors analyzed key economic and housing indicators across the U.S. and identified ten markets with the strongest potential for buyers and sellers next year. Minneapolis–St. Paul made the list thanks to projected home sales growth, improving affordability, and a strong alignment between inventory and buyer demand.

Q: Is now a good time to buy in the Twin Cities?

A: If you’re looking for a smart investment in a growing metro, yes. With home prices forecasted to rise by 4% and increased buyer activity expected in 2026, purchasing now could give you both value and appreciation.

Q: What does this mean for sellers in our market?

A: Sellers are in a strong position. Demand is rising, inventory remains manageable, and national recognition is drawing attention to our metro. If you've been thinking about listing, this is a moment to explore what your home is truly worth.

Q: I’m not ready to move right now—should I still reach out?

A: Absolutely. Whether you're planning 3 months or 3 years out, I’m here to help you understand the market and make a strategy that fits your goals. Sometimes just starting the conversation makes everything else fall into place.