Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $219,900
    2% ( $5,000 ) vs May 2014
  • Median Sales Price
    $215,000
    3% ( $6,000 ) vs May 2014
  • Median Foreclosure Sales Price
    $132,000
    0% ( $400 ) vs May 2014
  • Foreclosures 5,343
    Homes for Sale 1,490
    Recently Sold 4,263

Market Summary

There are currently 5,343 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 1,490.

In June, the number of properties that received a foreclosure filing in Minneapolis, MN was 8% lower than the previous month and 4% lower than the same time last year.

Home sales for May 2015 were up 171% compared with the previous month, and down 28% compared with a year ago. The median sales price of a non-distressed home was $215,000. The median sales price of a foreclosure home was $132,000, or 39% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




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$132,000 (Median Foreclosure Sales Price) $131,600 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $122,500 (Median Foreclosure Sales Price) $120,001 (Median Foreclosure Sales Price) $134,515 (Median Foreclosure Sales Price) $215,000 (Median Sales Price) $209,000 (Median Sales Price) $199,900 (Median Sales Price) $197,000 (Median Sales Price) $197,000 (Median Sales Price) $199,000 (Median Sales Price) $132,000 (Median Foreclosure Sales Price) $131,600 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $122,500 (Median Foreclosure Sales Price) $120,001 (Median Foreclosure Sales Price) $134,515 (Median Foreclosure Sales Price) $215,000 (Median Sales Price) $209,000 (Median Sales Price) $199,900 (Median Sales Price) $197,000 (Median Sales Price) $197,000 (Median Sales Price) $199,000 (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
468
43.9
% (y-o-y)
$205,000
10.9
% (y-o-y)
33.6%
25.9
% (y-o-y)
Osseo
121
23.5
% (y-o-y)
$234,750
7.3
% (y-o-y)
41.3%
16.9
% (y-o-y)
Eden Prairie
78
14.3
% (y-o-y)
$289,150
4.8
% (y-o-y)
42.8%
11.5
% (y-o-y)
Hopkins
47
23.0
% (y-o-y)
$206,250
4.1
% (y-o-y)
22.6%
37.7
% (y-o-y)
Savage
37
12.1
% (y-o-y)
$242,500
3.2
% (y-o-y)
17.5%
28.8
% (y-o-y)
Champlin
30
28.6
% (y-o-y)
$211,250
8.3
% (y-o-y)
20.4%
14.4
% (y-o-y)
Wayzata
25
8.7
% (y-o-y)
$349,900
28.6
% (y-o-y)
Data not available
Minnetonka
24
27.3
% (y-o-y)
$299,950
1.7
% (y-o-y)
Data not available
Andover
24
54.7
% (y-o-y)
$294,000
32.4
% (y-o-y)
33.5%
25.8
% (y-o-y)
Circle Pines
23
32.4
% (y-o-y)
$214,950
8.7
% (y-o-y)
13.9%
9.0
% (y-o-y)

Local Info For Minneapolis

Population:
379,631
Cost of Living Index: 109.26
Crime Index: 168.75     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%