For Week Ending October 24, 2026
The 30-year fixed-rate mortgage averaged 7.32% as of October 22, down from 7.40% a week earlier and up from 6.19% a year ago, according to Freddie Mac. The 15-year fixed-rate mortgage averaged 6.68%, down from 6.71% the prior week and up from 5.44% a year ago. Sam Khater, Freddie Mac’s Chief Economist, said the average 30-year fixed-rate mortgage declined this week, offering some relief to prospective homebuyers.
In the Twin Cities region, for the week ending October 24:
- New Listings decreased 7.7% to 1,134
- Pending Sales decreased 19.2% to 737
- Inventory increased 13.2% to 12,616
For the month of September:
- Median Sales Price increased 1.3% to $395,000
- Days on Market increased 11.4% to 49
- Percent of Original List Price Received decreased 0.7% to 97.7%
- Months Supply of Homes For Sale increased 13.8% to 3.3
All comparisons are to 2025
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.