How Much Does Real Estate License Cost in Minneapolis, MN?
Minneapolis pricing is near the national average. Updated for 2026.
Based on local labor rates, humid-continental climate conditions, and Minneapolis's finance-healthcare-retail economy.See our methodology
Real Estate License Pricing in Minneapolis, MN
In Minneapolis, real estate license costs are 8% above the national average, reflecting the city's finance-healthcare-retail-driven economy. The union-heavy labor market means you have decent options when shopping for quotes. Most residents with a population base of 425K find the pricing competitive relative to the local cost of living.
Local climate plays a direct role in real estate license costs here. Among the coldest major US cities; extreme winters drive massive heating costs and create ice dam, frozen pipe, and snow load issues.
Market-specific factors matter in Minneapolis: strict building codes for energy efficiency; union labor rates are higher but quality is consistent; winter construction premium of 10-20%.
Minneapolis has strict permitting requirements. Budget an additional 5-15% for permits, inspections, and code compliance when planning your real estate license project. Licensed contractors familiar with local codes can navigate this process efficiently.
Minneapolis vs National Average
What Affects Real Estate License Cost in Minneapolis?
Breakdown
Pre-licensing course: $200-$700. Exam fee: $50-$150. License application: $50-$200. Total startup: $500-$2,000
Ongoing
MLS access: $300-$600/year. Association dues: $200-$500/year. CE courses: $100-$300/year
Minneapolis Market Conditions
strict building codes for energy efficiency; union labor rates are higher but quality is consistent; winter construction premium of 10-20%
Local Climate Impact
among the coldest major US cities; extreme winters drive massive heating costs and create ice dam, frozen pipe, and snow load issues
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Tips to Save on Real Estate License in Minneapolis
- 1.Online pre-licensing courses are 30-50% cheaper than classroom
- 2.Many brokerages cover your startup costs in exchange for a commission split
- 3.Pass the exam the first time — retakes cost $50-$100 each
- 4.Some states require fewer education hours than others
- 5.In Minneapolis, verify your contractor handles local permits — the permitting process here is more involved than average and DIY permit applications can cause delays.
- 6.Minneapolis has a strong union labor market. While rates may be higher, union contractors typically carry better insurance and offer workmanship guarantees.
📈 Real Estate License in Minneapolis Cost Trends (2020–2024)
Prices have increased +17.8% over the last 5 years
| Year | National Avg | YoY Change |
|---|---|---|
| 2020 | $917 | — |
| 2021 | $956 | +4.3% |
| 2022 | $1,018 | +6.5% |
| 2023 | $1,047 | +2.8% |
| 2024 | $1,080 | +3.2% |
Based on national averages adjusted for annual inflation. Actual costs vary by location and project scope.
💬 What Did You Pay?
Real costs reported by homeowners for Real Estate License in Minneapolis
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Frequently Asked Questions
How long does it take to get a real estate license?
2-6 months depending on your state's education requirements and how quickly you complete the coursework and pass the exam.
Why does real estate license cost different in Minneapolis than other cities?
Minneapolis's costs reflect local labor rates driven by the finance-healthcare-retail economy, humid-continental climate conditions that affect materials and scheduling, and strict permitting requirements. The union-heavy labor market also influences competitive pricing.
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