Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $229,900
    6% ( $12,450 ) vs Mar 2016
  • Median Sales Price
    $205,000
    1% ( $2,100 ) vs Mar 2016
  • Median Foreclosure Sales Price
    $135,500
    1% ( $1,378 ) vs Mar 2016
  • Foreclosures 3,619
    Homes for Sale 1,323
    Recently Sold 1,841

Market Summary

There are currently 3,619 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 1,323.

In April, the number of properties that received a foreclosure filing in Minneapolis, MN was 42% higher than the previous month and 55% lower than the same time last year.

Home sales for March 2017 were up 18% compared with the previous month, and down 83% compared with a year ago. The median sales price of a non-distressed home was $205,000. The median sales price of a foreclosure home was $135,500, or 34% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




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$135,500 (Median Foreclosure Sales Price) $134,122 (Median Foreclosure Sales Price) $147,367 (Median Foreclosure Sales Price) $139,712 (Median Foreclosure Sales Price) $152,500 (Median Foreclosure Sales Price) $139,047 (Median Foreclosure Sales Price) $205,000 (Median Sales Price) $202,900 (Median Sales Price) $206,000 (Median Sales Price) $209,700 (Median Sales Price) $212,100 (Median Sales Price) $227,000 (Median Sales Price) $135,500 (Median Foreclosure Sales Price) $134,122 (Median Foreclosure Sales Price) $147,367 (Median Foreclosure Sales Price) $139,712 (Median Foreclosure Sales Price) $152,500 (Median Foreclosure Sales Price) $139,047 (Median Foreclosure Sales Price) $205,000 (Median Sales Price) $202,900 (Median Sales Price) $206,000 (Median Sales Price) $209,700 (Median Sales Price) $212,100 (Median Sales Price) $227,000 (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
113
86.8
% (y-o-y)
$173,250
12.2
% (y-o-y)
9.4%
29.1
% (y-o-y)
Burnsville
24
71.8
% (y-o-y)
$212,250
1.2
% (y-o-y)
42.0%
30.9
% (y-o-y)
Osseo
17
83.2
% (y-o-y)
$239,650
0.3
% (y-o-y)
Data not available
Eden Prairie
13
84.7
% (y-o-y)
$328,500
21.0
% (y-o-y)
Data not available
Hopkins
12
74.5
% (y-o-y)
$222,900
15.4
% (y-o-y)
Data not available
Champlin
7
72.0
% (y-o-y)
$225,000
15.4
% (y-o-y)
Data not available
Minnetonka
4
76.5
% (y-o-y)
$240,000
23.8
% (y-o-y)
Data not available
Circle Pines
2
93.5
% (y-o-y)
Data not available
Data not available
Savage
2
93.5
% (y-o-y)
$262,500
12.9
% (y-o-y)
Data not available
Wayzata
2
90.9
% (y-o-y)
Data not available
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: 3.20%
Percentage of vacant homes: 8.83%

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