Minneapolis Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $210,000
    2% ( $4,900 ) vs Nov 2014
  • Median Sales Price
    $205,000
    37% ( $54,927 ) vs Nov 2014
  • Median Foreclosure Sales Price
    $130,123
    3% ( $4,113 ) vs Nov 2014
  • Foreclosures 6,451
    Homes for Sale 902
    Recently Sold 12,771

Market Summary

There are currently 6,451 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 902.

In December, the number of properties that received a foreclosure filing in Minneapolis, MN was 23% lower than the previous month and 23% lower than the same time last year.

Home sales for November 2015 were up 537% compared with the previous month, and down 65% 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 $130,123, or 37% lower than non-distressed home sales.

Sales Prices - Minneapolis, MN




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$130,123 (Median Foreclosure Sales Price) $134,236 (Median Foreclosure Sales Price) $136,251 (Median Foreclosure Sales Price) $137,000 (Median Foreclosure Sales Price) $135,300 (Median Foreclosure Sales Price) $133,000 (Median Foreclosure Sales Price) $205,000 (Median Sales Price) $150,073 (Median Sales Price) $161,500 (Median Sales Price) $221,125 (Median Sales Price) $219,900 (Median Sales Price) $218,325 (Median Sales Price) $130,123 (Median Foreclosure Sales Price) $134,236 (Median Foreclosure Sales Price) $136,251 (Median Foreclosure Sales Price) $137,000 (Median Foreclosure Sales Price) $135,300 (Median Foreclosure Sales Price) $133,000 (Median Foreclosure Sales Price) $205,000 (Median Sales Price) $150,073 (Median Sales Price) $161,500 (Median Sales Price) $221,125 (Median Sales Price) $219,900 (Median Sales Price) $218,325 (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
222
62.9
% (y-o-y)
$196,050
4.6
% (y-o-y)
26.5%
22.5
% (y-o-y)
Burnsville
48
25.0
% (y-o-y)
$222,500
4.6
% (y-o-y)
22.3%
18.9
% (y-o-y)
Osseo
46
37.8
% (y-o-y)
$219,800
7.1
% (y-o-y)
19.1%
51.2
% (y-o-y)
Eden Prairie
33
43.1
% (y-o-y)
$297,500
1.6
% (y-o-y)
51.0%
32.2
% (y-o-y)
Hopkins
29
54.0
% (y-o-y)
$171,250
18.8
% (y-o-y)
34.9%
0.0
% (y-o-y)
Savage
21
19.2
% (y-o-y)
$243,400
0.7
% (y-o-y)
32.7%
36.8
% (y-o-y)
Minnetonka
14
44.0
% (y-o-y)
$221,000
20.6
% (y-o-y)
Data not available
Wayzata
13
58.1
% (y-o-y)
$515,000
13.2
% (y-o-y)
Data not available
Champlin
10
65.5
% (y-o-y)
$239,000
22.6
% (y-o-y)
43.7%
0.0
% (y-o-y)
Annandale
9
10.0
% (y-o-y)
$137,192
16.8
% (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: 3.00%
Percentage of vacant homes: 8.83%

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