Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $219,900
    0% ( $0 ) vs Dec 2015
  • Median Sales Price
    $209,900
    1% ( $2,700 ) vs Dec 2015
  • Median Foreclosure Sales Price
    $139,712
    8% ( $12,788 ) vs Dec 2015
  • Foreclosures 6,173
    Homes for Sale 882
    Recently Sold 2,375

Market Summary

There are currently 6,173 properties in Minneapolis, MN that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 882.

In January, the number of properties that received a foreclosure filing in Minneapolis, MN was 15% lower than the previous month and 54% lower than the same time last year.

Home sales for December 2016 were up 7% compared with the previous month, and down 59% compared with a year ago. The median sales price of a non-distressed home was $209,900. The median sales price of a foreclosure home was $139,712, or 33% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




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$139,712 (Median Foreclosure Sales Price) $152,500 (Median Foreclosure Sales Price) $139,047 (Median Foreclosure Sales Price) $140,050 (Median Foreclosure Sales Price) $136,250 (Median Foreclosure Sales Price) $136,000 (Median Foreclosure Sales Price) $209,900 (Median Sales Price) $212,600 (Median Sales Price) $227,022 (Median Sales Price) $225,000 (Median Sales Price) $228,650 (Median Sales Price) $223,000 (Median Sales Price) $139,712 (Median Foreclosure Sales Price) $152,500 (Median Foreclosure Sales Price) $139,047 (Median Foreclosure Sales Price) $140,050 (Median Foreclosure Sales Price) $136,250 (Median Foreclosure Sales Price) $136,000 (Median Foreclosure Sales Price) $209,900 (Median Sales Price) $212,600 (Median Sales Price) $227,022 (Median Sales Price) $225,000 (Median Sales Price) $228,650 (Median Sales Price) $223,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Saint Paul
48
91.6
% (y-o-y)
$190,000
9.5
% (y-o-y)
20.0%
34.4
% (y-o-y)
Osseo
20
64.9
% (y-o-y)
$206,750
8.1
% (y-o-y)
Data not available
Burnsville
15
81.3
% (y-o-y)
$183,500
20.1
% (y-o-y)
Data not available
Hopkins
15
46.4
% (y-o-y)
$250,000
19.8
% (y-o-y)
33.0%
40.1
% (y-o-y)
Eden Prairie
14
75.9
% (y-o-y)
$218,750
26.0
% (y-o-y)
13.6%
30.2
% (y-o-y)
Champlin
4
73.3
% (y-o-y)
$200,000
11.1
% (y-o-y)
Data not available
Wayzata
4
75.0
% (y-o-y)
$336,850
47.8
% (y-o-y)
Data not available
Andover
3
88.0
% (y-o-y)
$241,500
2.2
% (y-o-y)
Data not available
Minnetonka
3
81.3
% (y-o-y)
$257,175
3.4
% (y-o-y)
Data not available
Circle Pines
2
91.3
% (y-o-y)
Data not available
Data not available

Local Info For Minneapolis

Population:
379,631
Cost of Living Index: 109.26
Crime Index: 233.90     Rating: C- View crime details
Schools: 249    Average School Rating: C View individual school rating
Household Median Income: $46,075
Unemployment: 3.20%
Percentage of vacant homes: 8.83%

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