Home construction costs in Minnesota are generally higher than in surrounding states. However, prices can vary significantly depending on the type of home you’re building and where it is located.
In Minnesota, a basic single-family home starts at approximately $125 per square foot, according to Remodeling Magazine’s Cost vs. Value Report. That’s about $8,100 more than the national average cost of $116 per square foot.
Home construction costs in Minnesota are generally higher than in surrounding states. However, prices can vary significantly depending on the type of home you’re building and where it is located.
The average price for a new single-family home in Minnesota is $211,000 according to real estate website Zillow.com; however, this figure may be higher or lower depending on what part of the state you’re looking at.
Cost to build a home in minnesota
The average cost per square foot to build a house in Minnesota is $111. The average cost to build a house averages $175,000 for a 1,500-square-foot home with a basic design.
The average cost per square foot to build a residential home in 2022 is $111. The average cost to build a house averages $175,000 for a 1,500-square-foot home with a basic design.
Home construction costs by zip code 2022:
55415: $98 per square foot
55420: $108 per square foot
The average cost to build a home in Minnesota is $125 per square foot. This includes the cost of labor, materials and overhead (labor costs will vary depending on the region you live in). The average size of a new home in Minnesota is 2,600 square feet. That means that the total cost for this project would be $330,000 ($125 per square foot x 2,600 square feet).
The average price per square foot to build a house in Minnesota varies depending on where in the state you live. For example, it’s $130/sqft in 2022 and $120/sqft in 2021. The most expensive zip codes are 2022 at $140/sqft while the least expensive zip code is 2021 at $110/sqft
average price per square foot to build a house in minnesota
The average cost to build a home in Minnesota is $240,000. That’s the average price per square foot to build a house in Minnesota.
The average cost to build a home in Minnesota depends on the size of the home and where it’s located. The chart below shows how much you can expect to pay for your new home based on size and location.
Average Cost To Build A Home In Minnesota By Size And Location
Size of Home
1,500-2,000 Sq Ft
$534,500 2,200-2,500 Sq Ft
$588,800 2,600-3,000 Sq Ft
$660,100 3,100-3,500 Sq Ft
$724,600 3,600-4,000 Sq Ft
$770,700 4,100-4,500 Sq Ft $81812350 5+ Acres* $942