www.zillow.com/research/

APRIL2019 Minneapolis-St Paul Metro

National Home Values

Current: $226,800Monthly Change: -0.1%Quarterly Change: 0.4%Annual Change: 6.1%Negative Equity*: 8.2%

Minneapolis Home Values

Current: $270,700Monthly Change: 0%Quarterly Change: 0.7%Annual Change: 5.1%Negative Equity*: 5%

Home Values Forecast

(next 12 months)

National: 2.8%Minneapolis Metro: 2.6%

Major Cities - Home Values

MinneapolisCurrent: $266,800Monthly Change: -0.3%Annual Change: 4.1%

Saint PaulCurrent: $220,300Monthly Change: -0.4%Annual Change: 5.7%

BloomingtonCurrent: $271,100Monthly Change: 0%Annual Change: 4.6%

Brooklyn ParkCurrent: $243,800Monthly Change: 0.1%Annual Change: 5.7%

PlymouthCurrent: $353,200Monthly Change: -0.3%Annual Change: 2.7%

Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community

City ZHVI Year-over-Year-1.8% -1.7% - -0.6% -0.5% - -0.1% 0.4% - 2.7% 2.8% - 4.7% 4.8% - 7.4% 7.5% - 10.6% 10.7% - 14.6%

Home Values (ZHVI)Increasing Values: 70.2%Decreasing Values: 20.6%Fall From Peak: 0%Peak ZHVI Date: 2019-03Peak ZHVI: $270,800

RentZillow Rent Index: $1,704

Monthly Change: 0.2%Annual Change: 4.3%

Rent List Price: $1,750Rent List/Sq. Ft.: $1.3

SalesMedian Sale Price: $–

Monthly Change: –%Annual Change: –%

Sale Price/Sq. Ft.: $–Sale-to-list Price Ratio: –Sold for a Loss/Gain: –%/–%

ListingsMedian List Price: $333,900

Monthly Change: -1.8%Annual Change: 2.8%

List Price/Sq. Ft.: $204Listings with Price Cut: 11.3%Amount of Price Cut: 2.7%

ForeclosuresHomes Foreclosed: –/10, 000

Monthly Change: –Annual Change: –

Foreclosure Resales: –%Monthly Change: –ppAnnual Change: –pp

How do we track home values? Totrack home values, we use the ZillowHome Value Index (ZHVI). The ZHVI isthe mid-point of estimated home valuesfor the area. Half the estimated homevalues are above this number and halfare below.

* Negative equity data is from 2018Q2.

APRIL2019

*The top 20 largest cities and top 10 (or all) counties within the metro are listed. Additional counties, cities, neighborhoods and ZIP codes may be

available online at www.zillow.com/research/data by emailing press@zillow.com

Zillow Research:Zillow R© is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the placethey call home, and connecting them with the best local professionals who can help. In addition, Zillow operates an industry-leading economics andanalytics bureau led by Zillow’s Chief Economist Dr. Svenja Gudell. Dr. Gudell and her team of economists and data analysts produce extensive housingdata and research covering more than 450 markets at Zillow Real Estate Research. Zillow also sponsors the quarterly Zillow Home Price ExpectationsSurvey, which asks more than 100 leading economists, real estate experts and investment and market strategists to predict the path of the Zillow HomeValue Index over the next five years. Zillow also sponsors the bi-annual Zillow Housing Confidence Index (ZHCI) which measures consumer confidence inlocal housing markets, both currently and over time. Launched in 2006, Zillow is owned and operated by Zillow Group (NASDAQ: Z), andheadquartered in Seattle.

www.zillow.com/research/

Largest Cities Covered by Zillow

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Apple Valley 278,300 0.1 0.7 5.5 1,801 0.4 1.5 5.1 2.8 3.8Blaine 257,300 -0.3 0.3 5.7 1,672 0.4 1.2 5.8 2.7 2.9Bloomington 271,100 0 1 4.6 1,791 -0.1 0.7 7.4 2.8 5.3Brooklyn Park 243,800 0.1 1.3 5.7 1,671 0.4 1 3.9 3.3 4.2Burnsville 277,400 -0.1 0.1 4.6 1,838 0.2 0.7 5.2 1.9 4.5Coon Rapids 233,100 0 0.5 5.9 1,632 0.4 1.4 6 2.9 2.6Eagan 303,900 0.2 0.9 5.9 1,874 0 0.7 7.1 3.1 4.1Eden Prairie 355,400 -0.2 0.1 1.1 2,069 0 0.1 3.8 0.2 6.2Edina 470,900 -0.7 0.1 0.4 2,356 0.2 0.3 0.6 0 6.5Lakeville 350,300 0.1 0.4 3.9 2,090 0.3 0.5 1 1.7 3.2Maple Grove 295,700 0 0.7 4.7 1,867 0 0.5 2.8 2.5 6.5Maplewood 240,800 -0.3 0.5 3.1 1,637 0.1 -0.1 4.2 1.5 3.2Minneapolis 266,800 -0.3 0.5 4.1 1,677 0.2 0.8 2.9 1.9 6.3Minnetonka 346,600 -0.4 -0.1 2.1 2,034 0.4 1.1 3.8 0.5 6.5Plymouth 353,200 -0.3 0.2 2.7 2,030 0 0.3 1.9 0.9 4.7Richfield 257,200 0.2 1.8 5.8 1,747 0 0.5 6.1 3.8 7.1Saint Louis Park 290,400 -0.6 -0.2 3 1,795 0.2 0.3 3.4 0.7 6.4Saint Paul 220,300 -0.4 0.8 5.7 1,494 0.2 0.6 4.5 2.9 5.3Shakopee 274,300 0 1.6 5.9 1,828 -0.1 0.8 1.2 4.2 3.5Woodbury 341,000 0 0.5 4.7 2,101 0.2 0.4 0.8 2.4 6.1

Largest Counties Covered by Zillow

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Anoka County 252,000 -0.2 0.6 5.5 1,657 0.4 0.9 5.5 2.8Carver County 332,600 0.3 1 3.6 1,916 0.7 0.5 -1.1 2.3Dakota County 283,200 0 0.6 5 1,812 0.3 1.1 5.3 2.4Hennepin County 285,100 0 0.8 4.6 1,778 0 0.5 4.6 2.4Ramsey County 244,600 -0.2 0.5 3.1 1,610 0.2 0.2 4 1.5Saint Croix County 267,500 -0.9 -2.1 3.8 1,602 -0.1 -1.9 4.3 -1.1Scott County 295,400 0.1 1.7 6.1 1,945 -0.2 -0.1 1.8 4.2Sherburne County 255,200 0.7 2.4 9.1 1,512 0.1 0.2 5.6 5.9Washington County 300,200 -0.1 0.3 5.3 1,856 0.2 0.3 4.3 2.4Wright County 256,700 0 2.5 9.8 1,582 0 1 11.2 6.2