55411 Home Values & Market Trends

There are 45 homes currently listed for 55411. 55411 real estate market trends show that home prices range from $107,900 to $525,000, and the median sales price in the 55411 zip code is $222,829.88. The total number of properties sold within the past twelve months is 557. In 55411, 29 properties are in foreclosure, 3 are bank owned properties,and 26 are headed for auction.

55411 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Minneapolis

$ 299,310

$ 195/sqft

Minneapolis

$ 299,310

$ 195/sqft

Housing Market Summary for 55411

Mar 2023February 2024Change
Median Listing Price$195K$205.4K5.32%
Median Sold Price$224.3K$205.4K-8.45%
Homes For Sale315267.74%
Homes Sold22425011.61%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 55411

The median list price of a home in Minneapolis, is $222,829.88. A total of 45 properties are for sale, and the percentage of properties for sale in the zip code is 45.00%. The total count of 55411 properties is 6,680.

Foreclosure
There are 2 cities within 55411; within these cities, the median estimated home value for homes in foreclosure ranges from $874,500 in minneapolis to the lowest value of $63,177 in minneapolis. Foreclosure homes account for 0.00% of properties in 55411 with minneapolis containing 216 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 55411 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 55411; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 55411 ranges from the highest value of $582,481 in minneapolis to the lowest value of $89,100 in minneapolis. Bank owned homes and properties account for 0.04% of properties in 55411. There are 2 cities within 55411; minneapolis containing 31 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    minneapolis has 185 auction properties, the highest number of properties going to auction in a single city in the state of 55411. Auction homes and other auction properties account for 0.39% of all properties in 55411. There are 2 cities within 55411; of those cities, the median estimated home value for homes going to auction ranges from $874,500 in minneapolis to the lowest value of $63,177 in minneapolis.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.67% of residential properties in 55411 with minneapolis containing 717 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 55411; homes for sale in those cities, have a range of median values from $4,113,385 in minneapolis to the lowest value of $71,727 in minneapolis.
    Sold Homes
    The median value for recently sold homes ranges from $4,775,558 in minneapolis to the lowest price of $28,804 in minneapolis. There are 2 cities within 55411. minneapolis has 3809 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.68% of properties in 55411.

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      Guide for 55411

      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
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      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
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      Newark Real Estate Market Report, March 2024
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      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
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      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
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      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      How To Get House Mortgage With Low Credit Score
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      Learn how to secure a house mortgage even with a low credit score.