Most buyers in Minneapolis think they need 20% down to buy a home—but that’s often not the reality. In this guide, you’ll see how much money you actually need, including down payment, closing costs, and what a realistic budget looks like in today’s market.

Buying a home in Minneapolis can feel overwhelming at first, but the process gets much easier when you understand the steps. This guide walks you through how buying a home works in Minneapolis, from choosing the right agent and getting pre-approved to touring homes, making an offer, and closing with confidence.