Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $222,250
    3% ( $7,350 ) vs Mar 2015
  • Median Sales Price
    $209,250
    3% ( $5,250 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $130,225
    1% ( $1,775 ) vs Mar 2015
  • Foreclosures 6,994
    Homes for Sale 1,200
    Recently Sold 9,157

Market Summary

There are currently 6,994 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 1,200.

In April, the number of properties that received a foreclosure filing in Minneapolis, MN was 10% higher than the previous month and 2% lower than the same time last year.

Home sales for March 2016 were up 32% compared with the previous month, and up 609% compared with a year ago. The median sales price of a non-distressed home was $209,250. The median sales price of a foreclosure home was $130,225, or 38% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




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$130,225 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $130,359 (Median Foreclosure Sales Price) $130,050 (Median Foreclosure Sales Price) $132,500 (Median Foreclosure Sales Price) $209,250 (Median Sales Price) $204,000 (Median Sales Price) $204,950 (Median Sales Price) $200,000 (Median Sales Price) $195,000 (Median Sales Price) $164,900 (Median Sales Price) $130,225 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $130,359 (Median Foreclosure Sales Price) $130,050 (Median Foreclosure Sales Price) $132,500 (Median Foreclosure Sales Price) $209,250 (Median Sales Price) $204,000 (Median Sales Price) $204,950 (Median Sales Price) $200,000 (Median Sales Price) $195,000 (Median Sales Price) $164,900 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Saint Paul
815
100.7
% (y-o-y)
$197,000
7.7
% (y-o-y)
29.0%
28.6
% (y-o-y)
Osseo
101
206.1
% (y-o-y)
$239,000
3.2
% (y-o-y)
30.9%
32.1
% (y-o-y)
Eden Prairie
85
466.7
% (y-o-y)
$271,500
3.0
% (y-o-y)
Data not available
Burnsville
82
241.7
% (y-o-y)
$214,900
4.3
% (y-o-y)
30.9%
12.7
% (y-o-y)
Hopkins
47
147.4
% (y-o-y)
$263,500
18.2
% (y-o-y)
64.2%
41.0
% (y-o-y)
Andover
39
69.6
% (y-o-y)
$247,000
17.3
% (y-o-y)
29.2%
11.8
% (y-o-y)
Savage
31
210.0
% (y-o-y)
$232,500
16.4
% (y-o-y)
17.6%
31.7
% (y-o-y)
Shoreview
26
136.4
% (y-o-y)
$205,500
10.8
% (y-o-y)
32.6%
0.0
% (y-o-y)
Champlin
25
177.8
% (y-o-y)
$194,900
3.2
% (y-o-y)
35.9%
32.1
% (y-o-y)
Circle Pines
25
127.3
% (y-o-y)
$223,500
27.7
% (y-o-y)
19.2%
8.5
% (y-o-y)

Local Info For Minneapolis

Population:
379,631
Cost of Living Index: 109.26
Crime Index: 214.28     Rating: C- View crime details
Schools: 249    Average School Rating: C View individual school rating
Household Median Income: $46,075
Unemployment: 3.50%
Percentage of vacant homes: 8.83%

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