Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $224,900
    0% ( $100 ) vs May 2015
  • Median Sales Price
    $223,030
    2% ( $5,030 ) vs May 2015
  • Median Foreclosure Sales Price
    $129,950
    1% ( $1,616 ) vs May 2015
  • Foreclosures 6,751
    Homes for Sale 1,357
    Recently Sold 6,865

Market Summary

There are currently 6,751 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 1,357.

In June, the number of properties that received a foreclosure filing in Minneapolis, MN was 35% lower than the previous month and 37% lower than the same time last year.

Home sales for May 2016 were down 34% compared with the previous month, and down 29% compared with a year ago. The median sales price of a non-distressed home was $223,030. The median sales price of a foreclosure home was $129,950, or 42% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




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$129,950 (Median Foreclosure Sales Price) $128,334 (Median Foreclosure Sales Price) $130,517 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $130,359 (Median Foreclosure Sales Price) $223,030 (Median Sales Price) $218,000 (Median Sales Price) $208,000 (Median Sales Price) $204,000 (Median Sales Price) $204,950 (Median Sales Price) $200,000 (Median Sales Price) $129,950 (Median Foreclosure Sales Price) $128,334 (Median Foreclosure Sales Price) $130,517 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $130,359 (Median Foreclosure Sales Price) $223,030 (Median Sales Price) $218,000 (Median Sales Price) $208,000 (Median Sales Price) $204,000 (Median Sales Price) $204,950 (Median Sales Price) $200,000 (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
300
37.5
% (y-o-y)
$200,000
2.9
% (y-o-y)
35.1%
33.1
% (y-o-y)
Osseo
81
33.1
% (y-o-y)
$249,900
6.5
% (y-o-y)
43.7%
41.3
% (y-o-y)
Eden Prairie
67
14.1
% (y-o-y)
$276,400
4.4
% (y-o-y)
25.3%
42.8
% (y-o-y)
Hopkins
53
12.8
% (y-o-y)
$233,900
13.4
% (y-o-y)
43.1%
22.6
% (y-o-y)
Burnsville
42
4100.0
% (y-o-y)
$230,100
5.7
% (y-o-y)
21.5%
14.0
% (y-o-y)
Savage
28
24.3
% (y-o-y)
$242,000
0.2
% (y-o-y)
6.5%
17.5
% (y-o-y)
Champlin
17
45.2
% (y-o-y)
$218,000
3.8
% (y-o-y)
15.1%
20.0
% (y-o-y)
Minnetonka
15
37.5
% (y-o-y)
$306,400
2.2
% (y-o-y)
Data not available
Shoreview
11
47.6
% (y-o-y)
$225,500
5.4
% (y-o-y)
29.0%
28.4
% (y-o-y)
Wayzata
10
60.0
% (y-o-y)
$547,500
56.5
% (y-o-y)
31.5%
37.8
% (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: 3.00%
Percentage of vacant homes: 8.83%

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