Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $212,999
    3% ( $6,901 ) vs Jan 2016
  • Median Sales Price
    $206,000
    2% ( $3,700 ) vs Jan 2016
  • Median Foreclosure Sales Price
    $147,367
    5% ( $7,655 ) vs Jan 2016
  • Foreclosures 5,813
    Homes for Sale 967
    Recently Sold 2,229

Market Summary

There are currently 5,813 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 967.

In February, the number of properties that received a foreclosure filing in Minneapolis, MN was 19% lower than the previous month and 64% lower than the same time last year.

Home sales for January 2017 were down 28% compared with the previous month, and down 77% compared with a year ago. The median sales price of a non-distressed home was $206,000. The median sales price of a foreclosure home was $147,367, or 28% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




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$147,367 (Median Foreclosure Sales Price) $139,712 (Median Foreclosure Sales Price) $152,500 (Median Foreclosure Sales Price) $139,047 (Median Foreclosure Sales Price) $140,050 (Median Foreclosure Sales Price) $136,250 (Median Foreclosure Sales Price) $206,000 (Median Sales Price) $209,700 (Median Sales Price) $212,600 (Median Sales Price) $227,022 (Median Sales Price) $225,000 (Median Sales Price) $228,650 (Median Sales Price) $147,367 (Median Foreclosure Sales Price) $139,712 (Median Foreclosure Sales Price) $152,500 (Median Foreclosure Sales Price) $139,047 (Median Foreclosure Sales Price) $140,050 (Median Foreclosure Sales Price) $136,250 (Median Foreclosure Sales Price) $206,000 (Median Sales Price) $209,700 (Median Sales Price) $212,600 (Median Sales Price) $227,022 (Median Sales Price) $225,000 (Median Sales Price) $228,650 (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
35
95.5
% (y-o-y)
$196,000
4.9
% (y-o-y)
24.3%
33.1
% (y-o-y)
Osseo
22
63.9
% (y-o-y)
$249,900
6.1
% (y-o-y)
Data not available
Burnsville
19
77.4
% (y-o-y)
$207,000
7.0
% (y-o-y)
Data not available
Eden Prairie
12
69.2
% (y-o-y)
$250,450
16.5
% (y-o-y)
24.5%
31.3
% (y-o-y)
Hopkins
10
73.0
% (y-o-y)
$250,000
11.1
% (y-o-y)
20.9%
45.2
% (y-o-y)
Minnetonka
7
70.8
% (y-o-y)
$220,000
16.0
% (y-o-y)
Data not available
Champlin
6
60.0
% (y-o-y)
$198,500
5.3
% (y-o-y)
Data not available
Andover
2
94.9
% (y-o-y)
$237,000
4.6
% (y-o-y)
Data not available
Maple Plain
2
60.0
% (y-o-y)
Data not available
Data not available
Long Lake
1
83.3
% (y-o-y)
Data not available
Data not available

Local Info For Minneapolis

Population:
379,631
Cost of Living Index: 109.26
Crime Index: 233.90     Rating: C- View crime details
Schools: 249    Average School Rating: C View individual school rating
Household Median Income: $46,075
Unemployment: 3.20%
Percentage of vacant homes: 8.83%

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