Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $214,900
    0% ( $100 ) vs Apr 2014
  • Median Sales Price
    $209,000
    5% ( $9,100 ) vs Apr 2014
  • Median Foreclosure Sales Price
    $131,600
    1% ( $1,600 ) vs Apr 2014
  • Foreclosures 5,731
    Homes for Sale 1,487
    Recently Sold 4,911

Market Summary

There are currently 5,731 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 1,487.

In May, the number of properties that received a foreclosure filing in Minneapolis, MN was 2% lower than the previous month and 3% lower than the same time last year.

Home sales for April 2015 were up 138% compared with the previous month, and down 64% compared with a year ago. The median sales price of a non-distressed home was $209,000. The median sales price of a foreclosure home was $131,600, or 37% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




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$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) $141,400 (Median Foreclosure 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) $201,912 (Median 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) $141,400 (Median Foreclosure 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) $201,912 (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
395
39.3
% (y-o-y)
$197,000
7.7
% (y-o-y)
32.5%
29.4
% (y-o-y)
Osseo
37
56.5
% (y-o-y)
$230,750
9.2
% (y-o-y)
41.1%
26.2
% (y-o-y)
Burnsville
25
61.5
% (y-o-y)
$217,500
14.5
% (y-o-y)
13.9%
30.5
% (y-o-y)
Eden Prairie
22
66.7
% (y-o-y)
$266,450
7.0
% (y-o-y)
39.8%
19.7
% (y-o-y)
Andover
21
56.3
% (y-o-y)
$260,000
16.0
% (y-o-y)
26.8%
3.9
% (y-o-y)
Shoreview
15
0.0
% (y-o-y)
$234,500
8.1
% (y-o-y)
36.1%
0.0
% (y-o-y)
Wayzata
13
40.9
% (y-o-y)
$447,100
4.6
% (y-o-y)
Data not available
Hopkins
13
70.5
% (y-o-y)
$224,000
4.8
% (y-o-y)
36.0%
19.3
% (y-o-y)
Champlin
11
50.0
% (y-o-y)
$210,000
13.6
% (y-o-y)
26.7%
6.6
% (y-o-y)
Savage
11
66.7
% (y-o-y)
$270,000
22.7
% (y-o-y)
27.8%
27.5
% (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: 3.30%
Percentage of vacant homes: 8.83%