Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $209,900
    2% ( $4,000 ) vs Jul 2013
  • Median Sales Price
    $205,000
    1% ( $1,627 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $126,000
    1% ( $900 ) vs Jul 2013
  • Foreclosures 6,250
    Homes for Sale 845
    Recently Sold 11,947

Market Summary

There are currently 6,250 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 845.

In August, the number of properties that received a foreclosure filing in Minneapolis, MN was 8% lower than the previous month and 51% lower than the same time last year.

Home sales for July 2014 were up 11% compared with the previous month, and down 33% compared with a year ago. The median sales price of a non-distressed home was $205,000. The median sales price of a foreclosure home was $126,000, or 39% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




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$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) $125,000 (Median Foreclosure 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) $182,000 (Median 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) $125,000 (Median Foreclosure 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) $182,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Saint Paul
792
38.7
% (y-o-y)
$195,000
5.4
% (y-o-y)
30.7%
32.2
% (y-o-y)
Osseo
87
48.5
% (y-o-y)
$245,000
9.7
% (y-o-y)
27.1%
31.6
% (y-o-y)
Eden Prairie
74
47.9
% (y-o-y)
$289,500
0.6
% (y-o-y)
54.6%
28.3
% (y-o-y)
Andover
70
18.6
% (y-o-y)
$239,844
1.1
% (y-o-y)
27.3%
35.1
% (y-o-y)
Savage
69
35.3
% (y-o-y)
$249,900
11.1
% (y-o-y)
32.8%
16.9
% (y-o-y)
Hopkins
58
30.1
% (y-o-y)
$218,250
0.5
% (y-o-y)
44.9%
18.0
% (y-o-y)
Burnsville
57
51.7
% (y-o-y)
$205,100
12.1
% (y-o-y)
Data not available
Circle Pines
48
29.4
% (y-o-y)
$197,000
6.5
% (y-o-y)
Data not available
Minnetonka
30
30.2
% (y-o-y)
$296,500
2.0
% (y-o-y)
Data not available
Shoreview
26
48.0
% (y-o-y)
$219,500
1.3
% (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: 4.50%
Percentage of vacant homes: 8.83%