Sale prices by area / Excelsior
Excelsior: what homes actually sold for
Every sale below comes from the certificate of real estate value (eCRV) filed with the state when property changes hands. The median arm's-length price in 2026 was $880,000, up 73% from $510,000 in 2015.
Median price (2026)
$880,000
Sales in 2026
25
Investor/entity buyers
28%
Median sale price by year
| Year | Median | Middle half | Sales | Investor share |
|---|---|---|---|---|
| 2015 | $510,000 | $369,500 to $680,000 | 43 | 30.2% |
| 2016 | $430,000 | $342,250 to $625,000 | 39 | 15.4% |
| 2017 | $509,000 | $400,000 to $716,250 | 42 | 26.2% |
| 2018 | $585,000 | $384,434 to $784,743 | 44 | 25.0% |
| 2019 | $590,000 | $402,500 to $700,000 | 51 | 25.5% |
| 2020 | $747,500 | $571,125 to $844,375 | 50 | 14.0% |
| 2021 | $689,000 | $449,725 to $895,000 | 51 | 35.3% |
| 2022 | $762,500 | $462,500 to $991,975 | 30 | 20.0% |
| 2023 | $835,000 | $562,500 to $1,258,677 | 47 | 36.2% |
| 2024 | $1,026,000 | $615,000 to $1,775,000 | 33 | 39.4% |
| 2025 | $841,000 | $565,000 to $1,330,000 | 45 | 35.6% |
| 2026 | $880,000 | $478,500 to $1,250,000 | 25 | 28.0% |
Arm's-length sales only: gifts, related-party transfers, and sales flagged as non-market are excluded, as are prices under $3,000. Investor share counts sales where a buyer is an organization (LLC, trust, company) rather than an individual.
Largest sales in the last 12 months
| 34 Water Street | December 5, 2025 | $4,800,000 |
| 261 School Avenue | February 25, 2026 | $3,650,000 |
| 712 Galpin Lake Road | January 30, 2026 | $2,650,000 |
| 221 George Street | August 27, 2025 | $2,000,000 |
| 805 Hidden Lane | May 22, 2026 | $1,885,000 |
| 101 Center Street | May 18, 2026 | $1,799,000 |
| 121 Courtland Street | June 23, 2026 | $1,575,000 |
| 1 Maclynn Road | August 27, 2025 | $1,387,500 |
Large transactions are often commercial or multi-parcel deals, not single homes.
Wondering how your own assessment compares to what homes really sell for? Check your address with the free assessment lookup, run the two-minute appeal checkup, and know this year's appeal deadlines.
Source: Minnesota Department of Revenue eCRV weekly sales extracts, October 2014 to present, updated weekly. Medians and shares are computed from arm's-length sales as described above.