Minneapolis, MN Home Values & Market Trends
Real estate market trends reflect that there have been 8,084 transactions over the past year in Minneapolis. The median value for residential home transactions that occurred over the previous year is $321,170.02. The number of current listings in Minneapolis is 733, and the percentage of properties for sale in the city is 733.00%. Minneapolis, MN currently has 235 properties in foreclosure, 34 bank owned properties, 201 properties headed for auction, and 733 properties for sale.
Minneapolis, MN Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 55416 | $ 414,000 $ 233/sqft | 55417 | $ 381,669 $ 199/sqft |
| 55416 | $ 414,000 $ 233/sqft | 55407 | $ 322,006 $ 194/sqft |
| 55446 | $ 622,736 $ 183/sqft | 55415 | $ 449,700 $ 358/sqft |
| 55446 | $ 622,736 $ 183/sqft | 55415 | $ 449,700 $ 358/sqft |
| 55412 | $ 189,900 $ 143/sqft | 55441 | $ 428,750 $ 193/sqft |
| 55412 | $ 189,900 $ 143/sqft | 55420 | $ 323,509 $ 181/sqft |
| 55428 | $ 270,556 $ 141/sqft | 55441 | $ 428,750 $ 193/sqft |
| 55449 | $ 361,846 $ 164/sqft | 55420 | $ 323,509 $ 181/sqft |
| 55428 | $ 270,556 $ 141/sqft | 55418 | $ 309,124 $ 211/sqft |
| 55449 | $ 361,846 $ 164/sqft | 55438 | $ 429,000 $ 193/sqft |
| 55408 | $ 287,901 $ 210/sqft | 55434 | $ 300,956 $ 190/sqft |
| 55408 | $ 287,901 $ 210/sqft | 55435 | $ 216,561 $ 212/sqft |
| 55422 | $ 307,070 $ 170/sqft | 55418 | $ 309,124 $ 211/sqft |
| 55422 | $ 307,070 $ 170/sqft | 55438 | $ 429,000 $ 193/sqft |
| 55411 | $ 210,950 $ 146/sqft | 55434 | $ 300,956 $ 190/sqft |
| 55411 | $ 210,950 $ 146/sqft | 55435 | $ 216,561 $ 212/sqft |
| 55403 | $ 276,293 $ 230/sqft | 55413 | $ 335,355 $ 274/sqft |
| 55403 | $ 276,293 $ 230/sqft | 55405 | $ 747,462 $ 259/sqft |
| 55419 | $ 413,016 $ 232/sqft | 55437 | $ 386,543 $ 191/sqft |
| 55436 | $ 788,374 $ 248/sqft | 55413 | $ 335,355 $ 274/sqft |
| 55430 | $ 239,900 $ 167/sqft | 55405 | $ 747,462 $ 259/sqft |
| 55419 | $ 413,016 $ 232/sqft | 55437 | $ 386,543 $ 191/sqft |
| 55436 | $ 788,374 $ 248/sqft | 55409 | $ 300,000 $ 198/sqft |
| 55430 | $ 239,900 $ 167/sqft | 55409 | $ 300,000 $ 198/sqft |
| 55443 | $ 307,686 $ 160/sqft | 55444 | $ 291,163 $ 162/sqft |
| 55410 | $ 515,094 $ 264/sqft | 55444 | $ 291,163 $ 162/sqft |
| 55443 | $ 307,686 $ 160/sqft | 55442 | $ 469,900 $ 173/sqft |
| 55410 | $ 515,094 $ 264/sqft | 55442 | $ 469,900 $ 173/sqft |
| 55404 | $ 266,950 $ 263/sqft | 55432 | $ 315,012 $ 188/sqft |
| 55429 | $ 254,643 $ 141/sqft | 55431 | $ 387,826 $ 186/sqft |
| 55404 | $ 266,950 $ 263/sqft | 55432 | $ 315,012 $ 188/sqft |
| 55429 | $ 254,643 $ 141/sqft | 55431 | $ 387,826 $ 186/sqft |
| 55423 | $ 339,900 $ 192/sqft | 55445 | $ 332,342 $ 166/sqft |
| 55433 | $ 268,765 $ 173/sqft | 55439 | $ 643,500 $ 223/sqft |
| 55426 | $ 280,114 $ 206/sqft | 55445 | $ 332,342 $ 166/sqft |
| 55423 | $ 339,900 $ 192/sqft | 55439 | $ 643,500 $ 223/sqft |
| 55433 | $ 268,765 $ 173/sqft | 55414 | $ 396,800 $ 231/sqft |
| 55426 | $ 280,114 $ 206/sqft | 55414 | $ 396,800 $ 231/sqft |
| 55447 | $ 434,950 $ 201/sqft | 55454 | $ 180,342 $ 179/sqft |
| 55447 | $ 434,950 $ 201/sqft | 55454 | $ 180,342 $ 179/sqft |
| 55401 | $ 404,323 $ 337/sqft | 55425 | $ 318,638 $ 301/sqft |
| 55424 | $ 1,346,432 $ 361/sqft | 55425 | $ 318,638 $ 301/sqft |
| 55401 | $ 404,323 $ 337/sqft | 55479 | $ -- $ -- |
| 55424 | $ 1,346,432 $ 361/sqft | 55402 | $ -- $ -- |
| 55427 | $ 332,364 $ 174/sqft | 55487 | $ -- $ -- |
| 55406 | $ 371,788 $ 227/sqft | 55455 | $ -- $ -- |
| 55427 | $ 332,364 $ 174/sqft | 55450 | $ -- $ -- |
| 55406 | $ 371,788 $ 227/sqft | 55467 | $ -- $ -- |
| 55421 | $ 292,450 $ 188/sqft | 55479 | $ -- $ -- |
| 55448 | $ 314,889 $ 179/sqft | 55402 | $ -- $ -- |
| 55421 | $ 292,450 $ 188/sqft | 55487 | $ -- $ -- |
| 55448 | $ 314,889 $ 179/sqft | 55455 | $ -- $ -- |
| 55417 | $ 381,669 $ 199/sqft | 55450 | $ -- $ -- |
| 55407 | $ 322,006 $ 194/sqft | 55467 | $ -- $ -- |
Housing Market Summary for Minneapolis, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $309.9K | $312.2K | 0.72% |
| Median Sold Price | $320.5K | $312.2K | -2.60% |
| Homes For Sale | 542 | 740 | 36.53% |
| Homes Sold | 3,006 | 3,743 | 24.52% |
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 Minneapolis, MN
Browse Homes in Minneapolis, MN
Minneapolis home values range from $20,531 to $6,711,341. The median estimated value of a home in Minneapolis is $321,170.02. The median list price of a home is 327,000, and the total count of properties in the city is 161,784.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Minneapolis, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 108 zips within Minneapolis, MN; of those zips, 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 Minneapolis, MN ranges from the highest value of $241,768 in 55441 to the lowest value of $73,000 in 55430. Bank owned homes and properties account for 0.02% of properties in Minneapolis, MN. There are 108 zips within Minneapolis, MN; 55412 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55443 has 35 auction properties, the highest number of properties going to auction in a single zip in the state of Minneapolis, MN. Auction homes and other auction properties account for 0.12% of all properties in Minneapolis, MN. There are 108 zips within Minneapolis, MN; of those zips, the median estimated home value for homes going to auction ranges from $597,608 in 55424 to the lowest value of $43,000 in 55424.
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Guide for Minneapolis, MN
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