Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $232,500
    1% ( $2,600 ) vs May 2016
  • Median Sales Price
    $220,000
    5% ( $9,700 ) vs May 2016
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 3,540
    Homes for Sale 1,866
    Recently Sold 1,737

Market Summary

There are currently 3,540 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 1,866.

In June, the number of properties that received a foreclosure filing in Minneapolis, MN was 36% lower than the previous month and 45% lower than the same time last year.

Home sales for May 2017 were up 10% compared with the previous month, and down 65% compared with a year ago. The median sales price of a non-distressed home was $220,000. The median sales price of a foreclosure home was $0, or 0% higher than non-distressed home sales.

Sales Prices - Minneapolis, MN


  • Foreclosure Discount
    NOT AVAILABLE


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$0 (Median Foreclosure Sales Price) $142,211 (Median Foreclosure 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) $220,000 (Median Sales Price) $210,300 (Median Sales Price) $205,000 (Median Sales Price) $202,900 (Median Sales Price) $206,000 (Median Sales Price) $209,700 (Median Sales Price) $0 (Median Foreclosure Sales Price) $142,211 (Median Foreclosure 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) $220,000 (Median Sales Price) $210,300 (Median Sales Price) $205,000 (Median Sales Price) $202,900 (Median Sales Price) $206,000 (Median Sales Price) $209,700 (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
144
52.8
% (y-o-y)
$186,383
6.8
% (y-o-y)
Data not available
Burnsville
32
23.8
% (y-o-y)
$220,000
4.4
% (y-o-y)
Data not available
Osseo
25
69.1
% (y-o-y)
$212,500
15.0
% (y-o-y)
Data not available
Eden Prairie
16
76.1
% (y-o-y)
$326,000
17.9
% (y-o-y)
Data not available
Hopkins
11
79.2
% (y-o-y)
$233,450
0.2
% (y-o-y)
Data not available
Wayzata
5
50.0
% (y-o-y)
$657,500
20.1
% (y-o-y)
Data not available
Shoreview
3
72.7
% (y-o-y)
$240,900
6.8
% (y-o-y)
Data not available
Champlin
3
82.4
% (y-o-y)
$238,000
9.2
% (y-o-y)
Data not available
Minnetonka
2
86.7
% (y-o-y)
$302,250
1.4
% (y-o-y)
Data not available
Savage
2
92.9
% (y-o-y)
$255,000
5.4
% (y-o-y)
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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