Most expensive homes for sale in Minneapolis

Buying a home is an investment—and an increasingly expensive one. The median value of a home in the United States reached $363,300 in July 2021, according to the National Association of Realtors. The market grew competitive and the price of homeownership shot out of reach for many Americans—but not for those willing to shell out big money for the most expensive homes on the market.

Homes with big price tags come with all sorts of enviable amenities. Pools, home gyms, high-tech fixtures, sweeping security systems, spacious yards, and a room for every need are luxuries most people covet. As people spent more time than ever before in their homes, these luxuries—and the cavernous square footage and yards that house them—became more desirable than ever.

The appetite for homes selling in the high six-figure range became voracious in 2020, and that trend continues into 2021, according to data from Redfin. Sales of such luxury homes increased

41.6% year-over-year in the first quarter of 2021, growing significantly more than the smaller increase for more moderately priced homes.

To learn more about home values in Minneapolis, Minnesota, Stacker analyzed data from realtor.com to compile a list of the most expensive homes for sale in the city. Homes are ranked by price with ties broken by price per square foot.

See the most expensive homes for sale in Minneapolis below:

#10. 4861 Lake Harriet Pkwy E, Minneapolis ($2,350,000)
- 6 bedrooms; 6 bathrooms; 6,595 square feet; $356 per square foot (view listing on realtor.com)

#9. 2240 W Lake of the Isles Pkwy, Minneapolis ($2,350,000)
- 5 bedrooms; 6 bathrooms; 5,721 square feet; $410 per square foot (view listing on realtor.com)

#8. 301 Kenwood Pkwy Apt 302, Minneapolis ($2,495,000)
- 2 bedrooms; 3 bathrooms; 2,840 square feet; $878 per square foot (view listing on realtor.com)

#7. 117 Portland Ave Apt 301, Minneapolis ($2,495,000)
- 3 bedrooms; 3 bathrooms; 3,424 square feet; $728 per square foot (view listing on realtor.com)

#6. 20 Merilane Ave, Edina ($2,935,000)
- 5 bedrooms; 7 bathrooms; 5,072 square feet; $578 per square foot (view listing on realtor.com)

#5. 2225 E Lake of the Isles Pkwy, Minneapolis ($3,380,000)
- 4 bedrooms; 4 bathrooms; 4,216 square feet; $801 per square foot (view listing on realtor.com)

#4. 2601 E Lake of the Isles Pkwy, Minneapolis ($3,495,000)
- 9 bedrooms; 6 bathrooms; 8,814 square feet; $396 per square foot (view listing on realtor.com)

#3. 150 Portland Ave Unit 500, Minneapolis ($3,500,000)
- 4 bedrooms; 3 bathrooms; 5,579 square feet; $627 per square foot (view listing on realtor.com)

#2. 4218 Fremont Ave S, Minneapolis ($3,500,000)
- 5 bedrooms; 7 bathrooms; 7,528 square feet; $464 per square foot (view listing on realtor.com)

#1. 2201 E Lake of the Isles Pkwy, Minneapolis ($3,950,000)
- 5 bedrooms; 6 bathrooms; 7,017 square feet; $562 per square foot (view listing on realtor.com)

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