Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $224,900
    0% ( $0 ) vs Jun 2015
  • Median Sales Price
    $230,000
    3% ( $7,000 ) vs Jun 2015
  • Median Foreclosure Sales Price
    $131,109
    1% ( $1,209 ) vs Jun 2015
  • Foreclosures 6,747
    Homes for Sale 1,403
    Recently Sold 5,752

Market Summary

There are currently 6,747 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 1,403.

In July, the number of properties that received a foreclosure filing in Minneapolis, MN was 4% higher than the previous month and 27% lower than the same time last year.

Home sales for June 2016 were down 47% compared with the previous month, and down 58% compared with a year ago. The median sales price of a non-distressed home was $230,000. The median sales price of a foreclosure home was $131,109, or 43% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




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$131,109 (Median Foreclosure Sales Price) $129,900 (Median Foreclosure 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) $230,000 (Median Sales Price) $223,000 (Median Sales Price) $218,000 (Median Sales Price) $208,000 (Median Sales Price) $204,000 (Median Sales Price) $204,950 (Median Sales Price) $131,109 (Median Foreclosure Sales Price) $129,900 (Median Foreclosure 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) $230,000 (Median Sales Price) $223,000 (Median Sales Price) $218,000 (Median Sales Price) $208,000 (Median Sales Price) $204,000 (Median Sales Price) $204,950 (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
199
61.2
% (y-o-y)
$203,000
1.5
% (y-o-y)
38.4%
31.6
% (y-o-y)
Osseo
41
47.4
% (y-o-y)
$249,950
7.4
% (y-o-y)
41.6%
41.6
% (y-o-y)
Burnsville
33
175.0
% (y-o-y)
$230,100
1.2
% (y-o-y)
21.4%
24.4
% (y-o-y)
Eden Prairie
32
43.9
% (y-o-y)
$277,450
7.5
% (y-o-y)
24.7%
44.9
% (y-o-y)
Hopkins
14
68.9
% (y-o-y)
$222,450
9.9
% (y-o-y)
65.3%
44.5
% (y-o-y)
Champlin
10
64.3
% (y-o-y)
$220,118
3.5
% (y-o-y)
14.7%
31.0
% (y-o-y)
Savage
6
77.8
% (y-o-y)
$245,000
0.8
% (y-o-y)
Data not available
Wayzata
5
78.3
% (y-o-y)
$565,000
31.5
% (y-o-y)
Data not available
Minnetonka
5
78.3
% (y-o-y)
$300,000
1.0
% (y-o-y)
Data not available
Annandale
4
300.0
% (y-o-y)
$168,950
14.2
% (y-o-y)
Data not available

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: 3.70%
Percentage of vacant homes: 8.83%

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