Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $214,900
    8% ( $15,050 ) vs Feb 2015
  • Median Sales Price
    $203,750
    1% ( $2,150 ) vs Feb 2015
  • Median Foreclosure Sales Price
    $132,000
    0% ( $118 ) vs Feb 2015
  • Foreclosures 6,860
    Homes for Sale 1,053
    Recently Sold 10,377

Market Summary

There are currently 6,860 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 1,053.

In March, the number of properties that received a foreclosure filing in Minneapolis, MN was 4% higher than the previous month and 20% lower than the same time last year.

Home sales for February 2016 were up 18% compared with the previous month, and up 43% compared with a year ago. The median sales price of a non-distressed home was $203,750. The median sales price of a foreclosure home was $132,000, or 35% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




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$132,000 (Median Foreclosure Sales Price) $131,883 (Median Foreclosure Sales Price) $131,073 (Median Foreclosure Sales Price) $130,123 (Median Foreclosure Sales Price) $134,236 (Median Foreclosure Sales Price) $136,251 (Median Foreclosure Sales Price) $203,750 (Median Sales Price) $205,900 (Median Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $150,073 (Median Sales Price) $161,500 (Median Sales Price) $132,000 (Median Foreclosure Sales Price) $131,883 (Median Foreclosure Sales Price) $131,073 (Median Foreclosure Sales Price) $130,123 (Median Foreclosure Sales Price) $134,236 (Median Foreclosure Sales Price) $136,251 (Median Foreclosure Sales Price) $203,750 (Median Sales Price) $205,900 (Median Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $150,073 (Median Sales Price) $161,500 (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
657
45.0
% (y-o-y)
$200,000
11.1
% (y-o-y)
29.0%
27.4
% (y-o-y)
Osseo
75
44.2
% (y-o-y)
$238,000
5.8
% (y-o-y)
31.6%
30.1
% (y-o-y)
Eden Prairie
59
34.1
% (y-o-y)
$273,236
1.9
% (y-o-y)
Data not available
Hopkins
45
28.6
% (y-o-y)
$237,500
5.6
% (y-o-y)
70.8%
37.0
% (y-o-y)
Burnsville
45
66.7
% (y-o-y)
$216,500
0.0
% (y-o-y)
31.4%
24.8
% (y-o-y)
Andover
39
50.0
% (y-o-y)
$247,778
8.0
% (y-o-y)
20.9%
12.9
% (y-o-y)
Wayzata
31
121.4
% (y-o-y)
$450,000
5.3
% (y-o-y)
42.8%
0.0
% (y-o-y)
Champlin
27
80.0
% (y-o-y)
$202,400
8.8
% (y-o-y)
33.3%
27.3
% (y-o-y)
Shoreview
26
85.7
% (y-o-y)
$189,000
14.5
% (y-o-y)
20.8%
0.0
% (y-o-y)
Circle Pines
24
500.0
% (y-o-y)
$220,000
29.4
% (y-o-y)
23.1%
10.7
% (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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