Minnesota homebuyers have plenty of housing options to choose from. Minnesota has just under 2.5 million housing units and a homeownership rate of roughly 72%, according to the U.S. Census Bureau’s 2018 American Community Survey.
Minnesota’s median housing value is $235,400, which falls just above the national median value of $229,700. Some areas of Minnesota have higher housing prices, but there are plenty of areas that offer lower price points.
U.S. News conducted an in-depth review of leading direct mortgage lenders. Research was based on program availability and customer satisfaction ratings. Because each consumer has different needs, the top finishers in several key areas were chosen.