Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $199,900
    0% ( $0 ) vs Oct 2013
  • Median Sales Price
    $206,000
    0% ( $0 ) vs Oct 2013
  • Median Foreclosure Sales Price
    $143,250
    5% ( $7,250 ) vs Oct 2013
  • Foreclosures 6,892
    Homes for Sale 797
    Recently Sold 12,903

Market Summary

There are currently 6,892 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 797.

In November, the number of properties that received a foreclosure filing in Minneapolis, MN was 17% higher than the previous month and 18% lower than the same time last year.

Home sales for October 2014 were down 2% compared with the previous month, and up 42% compared with a year ago. The median sales price of a non-distressed home was $206,000. The median sales price of a foreclosure home was $143,250, or 30% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




Add this chart to your website.

$143,250 (Median Foreclosure Sales Price) $136,000 (Median Foreclosure Sales Price) $130,950 (Median Foreclosure Sales Price) $126,000 (Median Foreclosure Sales Price) $125,100 (Median Foreclosure Sales Price) $120,750 (Median Foreclosure Sales Price) $206,000 (Median Sales Price) $206,000 (Median Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $203,000 (Median Sales Price) $195,000 (Median Sales Price) $143,250 (Median Foreclosure Sales Price) $136,000 (Median Foreclosure Sales Price) $130,950 (Median Foreclosure Sales Price) $126,000 (Median Foreclosure Sales Price) $125,100 (Median Foreclosure Sales Price) $120,750 (Median Foreclosure Sales Price) $206,000 (Median Sales Price) $206,000 (Median Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $203,000 (Median Sales Price) $195,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac can supply you with this data through reports or a data license. Contact us now!

Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Saint Paul
852
2.7
% (y-o-y)
$190,000
1.1
% (y-o-y)
33.9%
30.9
% (y-o-y)
Osseo
111
26.1
% (y-o-y)
$238,500
3.0
% (y-o-y)
31.9%
34.6
% (y-o-y)
Eden Prairie
107
62.1
% (y-o-y)
$285,000
4.8
% (y-o-y)
30.4%
38.9
% (y-o-y)
Burnsville
96
12.9
% (y-o-y)
$215,750
1.4
% (y-o-y)
33.7%
22.0
% (y-o-y)
Andover
69
11.5
% (y-o-y)
$254,000
10.2
% (y-o-y)
19.9%
31.1
% (y-o-y)
Hopkins
65
54.8
% (y-o-y)
$210,000
0.0
% (y-o-y)
Data not available
Savage
54
50.0
% (y-o-y)
$249,900
3.5
% (y-o-y)
35.6%
34.4
% (y-o-y)
Shoreview
49
32.4
% (y-o-y)
$220,875
3.3
% (y-o-y)
78.3%
46.2
% (y-o-y)
Wayzata
42
40.0
% (y-o-y)
$455,000
8.3
% (y-o-y)
Data not available
Minnetonka
35
25.0
% (y-o-y)
$305,000
5.6
% (y-o-y)
Data not available

Local Info For Minneapolis

Population:
379,631
Cost of Living Index: 109.26
Crime Index: 250.26     Rating: D+ 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%