How Much Does It Cost to Sell a House in Minneapolis?

You're doing the math before you decide. Good — that's the right order. At a 5% commission, a typical Minneapolis sale costs about 5.7% of the price all-in — and the range above and below that is almost entirely the commission you choose. The rest is small, itemized, and knowable to the dollar before you list.

Every number below comes from the same calculator that powers the seller net sheet tool — rates verified January 2026 against the MN Department of Revenue and the Hennepin County Recorder.

Selling a house in Minneapolis costs about 6% of the sale price all-in, roughly $24,292 on a $425,000 home. Three buckets: commission you set, state deed tax at 0.34% in Hennepin County, and closing costs — title, settlement, recording — that together run a few thousand. Rates verified January 2026.

Bucket 1

The number you choose

Real estate commission. Post-NAR settlement, there is no standard rate — you set it in a written agreement before you list. Everything else on this page is small by comparison.

Bucket 2

The numbers the state sets

Minnesota deed tax (Minn. Stat. § 287.21): 0.33% of price, plus a 0.01% environmental response fee in Hennepin and Ramsey — 0.34% total. Plus a $5 agricultural conservation fee with the deed.

Bucket 3

The cost of doing the deal

Owner's title (tiered per $1,000), settlement (~$450), deed recording (~$46 ×2), deed prep (~$100), courier (~$40). Knowable to the dollar before you list.

Entry — $350,000

Real estate commission	$17,500
Minnesota state deed tax	$1,190
Agricultural conservation fee	$5
Deed recording	$46
Owner's title insurance	$788
Title / closing fee	$450
Deed preparation	$100
Courier / wire	$40
Total selling costs	$20,119
5.7% of sale price. Commission shown at 5% for illustration — the rate is yours to set (post-NAR settlement, no standard exists).

Median — $425,000

Real estate commission	$21,250
Minnesota state deed tax	$1,445
Agricultural conservation fee	$5
Deed recording	$46
Owner's title insurance	$956
Title / closing fee	$450
Deed preparation	$100
Courier / wire	$40
Total selling costs	$24,292
5.7% of sale price. Commission shown at 5% for illustration — the rate is yours to set (post-NAR settlement, no standard exists).

Move-up — $600,000

Real estate commission	$30,000
Minnesota state deed tax	$2,040
Agricultural conservation fee	$5
Deed recording	$46
Owner's title insurance	$1,200
Title / closing fee	$450
Deed preparation	$100
Courier / wire	$40
Total selling costs	$33,881
5.6% of sale price. Commission shown at 5% for illustration — the rate is yours to set (post-NAR settlement, no standard exists).

The Twin Cities Twist

Owner's title is customarily seller-paid here. In much of the country the buyer covers it. In the Twin Cities it's the seller's line item by custom — negotiable, but budget for it.
The ERF catches out-of-state calculators. Hennepin and Ramsey add 0.01% to the deed tax. National "5–8%" estimates miss it entirely.
Well disclosure: $54 if a well exists. Common in outer-ring suburbs and older properties — cheap, but it shows up on the settlement sheet.

The two certainties in a Minneapolis sale: the state gets its deed tax, and you get to choose everything else.

The meter is still running

Closing costs are what you pay to leave. They are not what you pay to stay. A typical Twin Cities homeowner carries a house for about $3,100 a month — mortgage, taxes, insurance, upkeep. Six months of "waiting for spring" costs more than most of the line items above combined.

Read: The Hidden Cost of Waiting to Sell →

Cost to Sell a House in Minneapolis — Quick Answers

How much does it cost to sell a house in Minneapolis?

At a 5% commission, plan on about 5.7% of the sale price all-in. On a $425,000 home — the current Twin Cities median — that is roughly $24,300: $21,250 commission, $1,445 in Minnesota deed tax (0.34% in Hennepin County), and about $1,600 in title, settlement, and recording fees. Change the commission and the total moves with it — every other line is itemized above.

What is the Minnesota deed tax when selling?

Minnesota charges a deed tax of 0.33% of the sale price, paid by the seller at closing under Minn. Stat. § 287.21. In Hennepin and Ramsey counties an environmental response fee adds 0.01%, making it 0.34%. On a $425,000 sale that is $1,445. Sales of $3,000 or less pay a flat $1.70.

Are real estate commissions negotiable in Minneapolis?

Yes, completely. Since the 2024 NAR settlement there is no standard commission — you set the rate in a written agreement before you list, and buyer-agent compensation is negotiated separately. Every worked table on this page shows 5% purely for illustration; your number is yours to choose.

What selling costs are fixed versus negotiable?

Fixed by statute: the deed tax (0.33%, or 0.34% in Hennepin/Ramsey) and the $5 agricultural conservation fee. Set by the market but shoppable: title insurance, settlement, deed prep, and courier — together a few thousand dollars and worth comparing. Fully yours to choose: the commission. The owner's title policy is customarily seller-paid in the Twin Cities but is negotiable in the purchase agreement.

Do I save money selling FSBO in Minnesota?

You save the listing-side commission and keep every other cost — deed tax, title, settlement, recording are identical. Whether FSBO nets more depends on pricing skill, negotiation, and exposure; buyers arriving without agents may expect the savings passed to them. Run your numbers both ways with the net sheet tool before deciding.

Why did the seller bring a ladder to closing? They heard the fees were stacked. (I'll see myself out.)