55416 Home Values & Market Trends
There are 60 homes currently listed for 55416. 55416 real estate market trends show that home prices range from $125,000 to $4,495,000, and the median sales price in the 55416 zip code is $413,878.56. The total number of properties sold within the past twelve months is 558. In 55416, 7 properties are in foreclosure, 2 are bank owned properties,and 5 are headed for auction.
Housing Market Summary for 55416
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $465K | $435K | -6.45% |
| Median Sold Price | $411.8K | $435K | 5.63% |
| Homes For Sale | 43 | 51 | 18.60% |
| Homes Sold | 273 | 297 | 8.79% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 55416
Browse Homes in 55416
The median list price of a home in Minneapolis, is $413,878.56. A total of 60 properties are for sale, and the percentage of properties for sale in the zip code is 60.00%. The total count of 55416 properties is 10,042.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 55416 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 55416; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 55416 ranges from the highest value of $481,824 in minneapolis to the lowest value of $89,683 in minneapolis. Bank owned homes and properties account for 0.02% of properties in 55416. There are 2 cities within 55416; minneapolis containing 35 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsminneapolis has 201 auction properties, the highest number of properties going to auction in a single city in the state of 55416. Auction homes and other auction properties account for 0.05% of all properties in 55416. There are 2 cities within 55416; of those cities, the median estimated home value for homes going to auction ranges from $1,195,966 in minneapolis to the lowest value of $43,000 in minneapolis.
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More Real Estate Resources for 55416
Guide for 55416
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