Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $208,900
    0% ( $1,000 ) vs Aug 2013
  • Median Sales Price
    $205,450
    0% ( $450 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $130,950
    4% ( $4,950 ) vs Aug 2013
  • Foreclosures 6,209
    Homes for Sale 1,132
    Recently Sold 12,408

Market Summary

There are currently 6,209 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 1,132.

In September, the number of properties that received a foreclosure filing in Minneapolis, MN was 8% lower than the previous month and 36% lower than the same time last year.

Home sales for August 2014 were up 23% compared with the previous month, and down 17% compared with a year ago. The median sales price of a non-distressed home was $205,450. The median sales price of a foreclosure home was $130,950, or 36% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




Add this chart to your website.

$130,950 (Median Foreclosure Sales Price) $126,000 (Median Foreclosure Sales Price) $125,100 (Median Foreclosure Sales Price) $120,750 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $120,100 (Median Foreclosure Sales Price) $205,450 (Median Sales Price) $205,000 (Median Sales Price) $203,374 (Median Sales Price) $195,000 (Median Sales Price) $184,080 (Median Sales Price) $180,000 (Median Sales Price) $130,950 (Median Foreclosure Sales Price) $126,000 (Median Foreclosure Sales Price) $125,100 (Median Foreclosure Sales Price) $120,750 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $120,100 (Median Foreclosure Sales Price) $205,450 (Median Sales Price) $205,000 (Median Sales Price) $203,374 (Median Sales Price) $195,000 (Median Sales Price) $184,080 (Median Sales Price) $180,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac can supply you with this data through reports or a data license. Contact us now!

Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Saint Paul
840
37.7
% (y-o-y)
$197,000
3.7
% (y-o-y)
36.5%
32.6
% (y-o-y)
Osseo
115
18.4
% (y-o-y)
$247,000
10.6
% (y-o-y)
32.6%
26.8
% (y-o-y)
Eden Prairie
102
32.5
% (y-o-y)
$288,000
0.0
% (y-o-y)
42.2%
32.0
% (y-o-y)
Burnsville
84
13.4
% (y-o-y)
$209,900
7.4
% (y-o-y)
37.8%
34.3
% (y-o-y)
Hopkins
76
26.9
% (y-o-y)
$229,950
8.7
% (y-o-y)
45.0%
26.6
% (y-o-y)
Shoreview
51
3.8
% (y-o-y)
$227,500
0.2
% (y-o-y)
Data not available
Savage
45
22.4
% (y-o-y)
$256,226
5.9
% (y-o-y)
24.3%
17.2
% (y-o-y)
Champlin
40
33.3
% (y-o-y)
$213,471
6.3
% (y-o-y)
Data not available
Circle Pines
33
44.1
% (y-o-y)
$200,000
4.7
% (y-o-y)
Data not available
Minnetonka
33
37.7
% (y-o-y)
$302,588
2.6
% (y-o-y)
Data not available

Local Info For Minneapolis

Population:
379,631
Cost of Living Index: 109.26
Crime Index: 250.26     Rating: D+ View crime details
Schools: 249    Average School Rating: C View individual school rating
Household Median Income: $46,075
Unemployment: 4.10%
Percentage of vacant homes: 8.83%