Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $219,900
    0% ( $0 ) vs Sep 2015
  • Median Sales Price
    $225,000
    2% ( $3,650 ) vs Sep 2015
  • Median Foreclosure Sales Price
    $140,050
    3% ( $3,800 ) vs Sep 2015
  • Foreclosures 6,635
    Homes for Sale 815
    Recently Sold 2,361

Market Summary

There are currently 6,635 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 815.

In October, the number of properties that received a foreclosure filing in Minneapolis, MN was 47% higher than the previous month and 5% lower than the same time last year.

Home sales for September 2016 were down 72% compared with the previous month, and up 1016% compared with a year ago. The median sales price of a non-distressed home was $225,000. The median sales price of a foreclosure home was $140,050, or 38% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




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$140,050 (Median Foreclosure Sales Price) $136,250 (Median Foreclosure Sales Price) $136,000 (Median Foreclosure Sales Price) $131,750 (Median Foreclosure Sales Price) $129,900 (Median Foreclosure Sales Price) $128,334 (Median Foreclosure Sales Price) $225,000 (Median Sales Price) $228,650 (Median Sales Price) $223,000 (Median Sales Price) $229,900 (Median Sales Price) $223,000 (Median Sales Price) $218,000 (Median Sales Price) $140,050 (Median Foreclosure Sales Price) $136,250 (Median Foreclosure Sales Price) $136,000 (Median Foreclosure Sales Price) $131,750 (Median Foreclosure Sales Price) $129,900 (Median Foreclosure Sales Price) $128,334 (Median Foreclosure Sales Price) $225,000 (Median Sales Price) $228,650 (Median Sales Price) $223,000 (Median Sales Price) $229,900 (Median Sales Price) $223,000 (Median Sales Price) $218,000 (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
102
25.0
% (y-o-y)
$219,900
32.9
% (y-o-y)
28.3%
14.0
% (y-o-y)
Osseo
52
271.4
% (y-o-y)
$253,750
25.1
% (y-o-y)
34.4%
0.2
% (y-o-y)
Burnsville
47
683.3
% (y-o-y)
$249,500
0.0
% (y-o-y)
40.8%
0.0
% (y-o-y)
Champlin
20
900.0
% (y-o-y)
$219,900
0.0
% (y-o-y)
23.4%
0.0
% (y-o-y)
Eden Prairie
20
150.0
% (y-o-y)
$317,250
25.4
% (y-o-y)
12.7%
11.2
% (y-o-y)
Hopkins
13
85.7
% (y-o-y)
$230,000
27.1
% (y-o-y)
68.8%
19.8
% (y-o-y)
Andover
9
80.0
% (y-o-y)
$241,250
0.0
% (y-o-y)
Data not available
Savage
7
40.0
% (y-o-y)
$267,000
8.1
% (y-o-y)
Data not available
Wayzata
5
0.0
% (y-o-y)
$570,000
0.0
% (y-o-y)
Data not available
Minnetonka
4
0.0
% (y-o-y)
$327,000
0.0
% (y-o-y)
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: 3.40%
Percentage of vacant homes: 8.83%

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