Condos are having a little “it’s complicated” moment in the

Condos are having a little “it’s complicated” moment in the Twin Cities. 🏙️😬

According to Jim Buchta with the Minnesota Star Tribune, condo inventory is now sitting at more than 4 months of supply, while single-family homes are still tighter than a pair of jeans after the State Fair. 🎡

The kicker? HOA fees.

The median Twin Cities HOA fee was $278/month in 2025 — about 13% of a typical house payment. That’s making some entry-level buyers pump the brakes, even when the purchase price looks attractive.

For buyers: this may be one of the few places where you can negotiate.
For sellers: the HOA fee is now part of your pricing story whether we like it or not.

So tell me — would you take a lower purchase price if the monthly HOA fee was higher? 👇

Credit: Jim Buchta, Minnesota Star Tribune

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