Hennepin County, Minnesota

Excelsior, MN Home Prices & Values 2026

What does a home cost in Excelsior, MN? Current median prices, price ranges by bedroom and neighborhood, appreciation data, and expert analysis from The PRO Team at RE/MAX RESULTS.

Excelsior, MN Home Prices — 2025 Guide

Real, current home price data for Excelsior — median values, price tiers by budget, bedroom breakdowns, and neighborhood comparisons from The PRO Team at RE/MAX RESULTS.

Median Home Price

$842,000

As of 2025

Price Per Sq Ft

$295

Median, single-family

Annual Appreciation

+4.9%

Year-over-year

Days on Market

22 days

Median time to offer

Home Price Ranges by Budget — Excelsior

Excelsior real estate spans a wide range of budgets. Here's how the market segments break down relative to the $842,000 median.

Entry-Level / Starter Homes

Entry-Level

$405K – $575K

Condos, townhomes, and smaller single-family homes. Ideal for first-time buyers and downsizers looking for value and low maintenance.

Mid-Market / Move-Up Homes

Most Active

$675K – $1.0M

3–4 bedroom single-family homes in established neighborhoods — the most active segment of the market with strong resale demand.

Premium Upper-Market

Premium

$1.1M – $1.6M

4–5 bedroom homes with premium finishes, larger lots, and upgraded amenities in the best school zones.

Luxury & Estate Homes

Luxury

$1.7M+

Custom estates, lakefront properties, and architecturally significant homes — often off-market or pre-marketed through luxury networks.

Price by Bedroom Count — Excelsior

Typical price ranges by bedroom count based on recent Excelsior sales. Actual prices vary by neighborhood, condition, and lot size.

Studio / 1 Bed

Condos & co-ops

$270K – $440K

2 Bedroom

Condos & townhomes

$440K – $630K

3 Bedroom

Single-family — most common

$655K – $885K

4 Bedroom

Move-up single-family

$925K – $1.2M

5+ Bedroom

Estate & luxury homes

$1.3M+

Price by Neighborhood

Downtown Excelsior$500K – $1.2M
Gideon Bay$900K – $2.5M
West Excelsior$550K – $900K
South Excelsior$400K – $800K
Annual Price Appreciation

+4.9%

At this pace, today's median $842,000 home could be worth approximately $885K within a year.

Seller Insight

Excelsior sellers benefit from the community's unique character premium. Properly staged historic homes and lake-access properties consistently draw competitive interest. The walkable downtown is a major marketing asset.

Price Analysis — Excelsior Real Estate

Excelsior has appreciated 4.9% annually. The historic home market has been particularly strong as buyers discover that character-rich renovated properties offer better value than comparable new construction elsewhere.

  • Median price: $842,000 — reflecting consistent, sustained buyer demand in Excelsior
  • $295 per square foot — a reliable benchmark when comparing individual listings
  • 22 median days on market — balanced conditions giving buyers time to evaluate carefully
  • +4.9% annual appreciation — outpacing most national housing benchmarks
  • 21+ active listings — inventory that favors buyers with meaningful selection

Search Excelsior Homes on MLS

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* Price ranges are based on recent market activity and are informational only. Contact The PRO Team for a precise, personalized market analysis.

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