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 $900,000, up 76% from $510,000 in 2015.
Median price (2026)
$900,000
Sales in 2026
21
Investor/entity buyers
29%
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 | $900,000 | $478,500 to $1,272,000 | 21 | 28.6% |
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.
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.