Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $215,000
    8% ( $15,100 ) vs Mar 2014
  • Median Sales Price
    $199,900
    1% ( $2,900 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $130,000
    6% ( $7,500 ) vs Mar 2014
  • Foreclosures 5,474
    Homes for Sale 1,434
    Recently Sold 5,834

Market Summary

There are currently 5,474 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 1,434.

In April, the number of properties that received a foreclosure filing in Minneapolis, MN was 11% lower than the previous month and 61% lower than the same time last year.

Home sales for March 2015 were down 73% compared with the previous month, and down 84% compared with a year ago. The median sales price of a non-distressed home was $199,900. The median sales price of a foreclosure home was $130,000, or 35% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




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$130,000 (Median Foreclosure Sales Price) $122,500 (Median Foreclosure Sales Price) $120,001 (Median Foreclosure Sales Price) $134,515 (Median Foreclosure Sales Price) $141,400 (Median Foreclosure Sales Price) $143,250 (Median Foreclosure Sales Price) $199,900 (Median Sales Price) $197,000 (Median Sales Price) $197,000 (Median Sales Price) $199,000 (Median Sales Price) $201,912 (Median Sales Price) $206,000 (Median 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) $141,400 (Median Foreclosure Sales Price) $143,250 (Median Foreclosure Sales Price) $199,900 (Median Sales Price) $197,000 (Median Sales Price) $197,000 (Median Sales Price) $199,000 (Median Sales Price) $201,912 (Median Sales Price) $206,000 (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
251
55.3
% (y-o-y)
$176,900
1.7
% (y-o-y)
31.6%
27.5
% (y-o-y)
Osseo
33
47.6
% (y-o-y)
$230,000
3.9
% (y-o-y)
31.6%
28.2
% (y-o-y)
Burnsville
24
62.5
% (y-o-y)
$206,000
15.4
% (y-o-y)
12.7%
9.2
% (y-o-y)
Andover
23
14.8
% (y-o-y)
$210,500
2.0
% (y-o-y)
11.8%
27.9
% (y-o-y)
Hopkins
19
62.0
% (y-o-y)
$223,000
5.6
% (y-o-y)
41.0%
34.2
% (y-o-y)
Eden Prairie
15
74.1
% (y-o-y)
$280,000
2.4
% (y-o-y)
26.8%
18.7
% (y-o-y)
Circle Pines
11
56.0
% (y-o-y)
$175,000
7.8
% (y-o-y)
Data not available
Savage
10
63.0
% (y-o-y)
$278,000
26.4
% (y-o-y)
31.7%
24.3
% (y-o-y)
Shoreview
9
57.1
% (y-o-y)
$227,000
1.6
% (y-o-y)
Data not available
Champlin
9
62.5
% (y-o-y)
$201,250
9.1
% (y-o-y)
32.1%
16.0
% (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: 3.70%
Percentage of vacant homes: 8.83%