Minnesota foreclosures and housing market
How foreclosure works in Minnesota, which counties lean to buyers or sellers, and how many homes are for sale right now.
How's the market in Minnesota?
A balanced market.
Listings spent about 53 days on the market, and 21% had a price cut in October 2026.
Market figures: Realtor.com® Economic Research, October 2026. Free weekly email. Unsubscribe anytime.
Distressed properties in Minnesota
Pre-foreclosures, auctions, bank-owned and HUD homes from county notices, with the street area instead of the house number.
Representative photoWe are not tracking properties in Minnesota yet
Our property list covers a handful of counties so far. Leave your email for the free weekly brief, and we will note that you want property alerts for Minnesota.
The closest place we track is Utah, with 128 properties.
The Minnesota market in October 2026
Our score compares how many listings went under contract with how many were for sale, ranked against every US county. Low scores lean to buyers, high scores to sellers.
Minnesota market score
- Homes for sale
- 19,438
- US: 1,179,101
- Typical days on market
- 53
- US: 66
- Listings with a price cut
- 21%
- US: 21%
- Homes for sale vs pre-pandemic
- −6%
- US: −7%
- October 2026 vs the October average for 2017 to 2019.
Market score by county
Check any countyGray counties had too few listings to score. Tap a county for its full answer.
Most buyer-friendly counties
Lowest scores among counties with 50+ homes for sale.
- 1Pipestone County85 days on market · 16% with a price cut · 50 for sale
- 8Becker County72 days on market · 19% with a price cut · 211 for sale
- 8Cottonwood County80 days on market · 15% with a price cut · 65 for sale
- 9Renville County71 days on market · 25% with a price cut · 54 for sale
- 10Aitkin County68 days on market · 21% with a price cut · 114 for sale
Most seller-friendly counties
Highest scores among counties with 50+ homes for sale.
- 78Carlton County44 days on market · 14% with a price cut · 86 for sale
- 77Brown County47 days on market · 19% with a price cut · 68 for sale
- 73Carver County46 days on market · 22% with a price cut · 414 for sale
- 73Polk County80 days on market · 19% with a price cut · 98 for sale
- 66Houston County53 days on market · 16% with a price cut · 55 for sale
Source: Realtor.com® Economic Research, October 2026 county data. County days on market are medians. State and US figures weight each county by its homes for sale. Price-cut share is the share of listings with a price reduction.
How foreclosure works in Minnesota
Most Minnesota foreclosures are non-judicial.
- Main steps and notices
- The lender mails a notice of default with 30 days to cure.
- The sale is published for six weeks and served on the occupant at least four weeks before.
- A homestead owner can postpone the sale in exchange for a shorter redemption period, by acting at least 15 days before the sale.
- Catching up before the sale
- The borrower can reinstate any time before the sale.
- After the sale
- The borrower generally has six months after the sale to redeem. It can be 12 months in some cases, and five weeks for some abandoned property.
- Before any of this starts
- Under federal rules, a mortgage servicer generally can't make the first notice or filing for foreclosure until the borrower is more than 120 days behind.
- Governing law
- Minnesota Statutes § 47.20; § 580.01 et seq.; § 582.032; § 582.30
Sources
- Justia, Foreclosure laws and procedures: 50-state survey (last reviewed November 2022)
- Nolo, Foreclosure redemption period rights (state chart)
- Consumer Financial Protection Bureau, How to avoid foreclosure
General information, not legal advice.
Laws change and each case differs. Anyone facing foreclosure should talk with a local attorney or a HUD-approved housing counselor.
Go deeper
- Check any county's marketPick a county in Minnesota and see whether it leans to buyers or sellers.
- Read the buying guidesHow to buy pre-foreclosures, auction homes, bank-owned homes, HUD homes and short sales.
- Help if you're behind on your mortgageWhere you are in the process, your options, free counselors and scam warnings.
Minnesota questions
Is foreclosure in Minnesota judicial or non-judicial?
Most Minnesota foreclosures are non-judicial.
Can a homeowner get the home back after a foreclosure sale in Minnesota?
The borrower generally has six months after the sale to redeem. It can be 12 months in some cases, and five weeks for some abandoned property.
Can a borrower in Minnesota catch up on the loan before the sale?
The borrower can reinstate any time before the sale.
Is Minnesota a buyer's or seller's market right now?
A balanced market. Minnesota scores 45 out of 100 on our market scale, where low scores lean to buyers. Listings spent about 53 days on the market, and 21% had a price cut in October 2026. Source: Realtor.com® Economic Research.
How far behind does a borrower have to be before foreclosure starts?
Under federal rules, a mortgage servicer generally can't make the first notice or filing for foreclosure until the borrower is more than 120 days behind. Source: Consumer Financial Protection Bureau.