Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $225,000
    0% ( $1,000 ) vs Apr 2015
  • Median Sales Price
    $218,000
    5% ( $10,000 ) vs Apr 2015
  • Median Foreclosure Sales Price
    $128,334
    2% ( $2,183 ) vs Apr 2015
  • Foreclosures 6,949
    Homes for Sale 1,299
    Recently Sold 7,653

Market Summary

There are currently 6,949 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 1,299.

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

Home sales for April 2016 were down 6% compared with the previous month, and up 187% compared with a year ago. The median sales price of a non-distressed home was $218,000. The median sales price of a foreclosure home was $128,334, or 41% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




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$128,334 (Median Foreclosure Sales Price) $130,517 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $130,359 (Median Foreclosure Sales Price) $130,050 (Median Foreclosure Sales Price) $218,000 (Median Sales Price) $208,000 (Median Sales Price) $204,000 (Median Sales Price) $204,950 (Median Sales Price) $200,000 (Median Sales Price) $195,000 (Median Sales Price) $128,334 (Median Foreclosure Sales Price) $130,517 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $130,359 (Median Foreclosure Sales Price) $130,050 (Median Foreclosure Sales Price) $218,000 (Median Sales Price) $208,000 (Median Sales Price) $204,000 (Median Sales Price) $204,950 (Median Sales Price) $200,000 (Median Sales Price) $195,000 (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
829
107.3
% (y-o-y)
$200,000
1.3
% (y-o-y)
32.5%
32.1
% (y-o-y)
Osseo
124
235.1
% (y-o-y)
$244,900
5.8
% (y-o-y)
35.1%
41.3
% (y-o-y)
Eden Prairie
93
322.7
% (y-o-y)
$271,200
1.8
% (y-o-y)
7.2%
39.8
% (y-o-y)
Burnsville
79
216.0
% (y-o-y)
$224,250
3.1
% (y-o-y)
28.2%
13.9
% (y-o-y)
Hopkins
68
423.1
% (y-o-y)
$240,000
7.1
% (y-o-y)
71.1%
36.0
% (y-o-y)
Savage
52
372.7
% (y-o-y)
$235,000
13.0
% (y-o-y)
8.5%
27.8
% (y-o-y)
Minnetonka
42
500.0
% (y-o-y)
$297,000
9.1
% (y-o-y)
31.7%
18.1
% (y-o-y)
Wayzata
36
176.9
% (y-o-y)
$517,450
15.5
% (y-o-y)
32.6%
0.0
% (y-o-y)
Shoreview
35
133.3
% (y-o-y)
$214,650
8.5
% (y-o-y)
31.3%
36.1
% (y-o-y)
Champlin
28
154.5
% (y-o-y)
$210,000
0.0
% (y-o-y)
33.3%
26.7
% (y-o-y)

Local Info For Minneapolis

Population:
379,631
Cost of Living Index: 109.26
Crime Index: 214.28     Rating: C- View crime details
Schools: 249    Average School Rating: C View individual school rating
Household Median Income: $46,075
Unemployment: 3.00%
Percentage of vacant homes: 8.83%

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