Minneapolis, MN 55406 Real Estate & Property Data

Minneapolis, MN 55406 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 559 residential properties have been sold over the past 12 months in 55406. With a median sales price of $308,000 in 55406. Discover market trends and get the granular level real estate data for Minneapolis, MN 55406 to keep your pulse on the housing market. Curate compelling home reports for Minneapolis, MN 55406 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Minneapolis, MN 55406 Real Estate Market Trends
Total Residential Properties 12,015
Total Commercial Properties 682
Avg. Home Age (Single Family Home) 97 Years
Avg. Square Feet (Single Family Home) 1,211
Total 2024 Residential Sales (year-to-date) 55
% of Homes Seriously Underwater (Q2 2024) 0.85%
Total 2023 Residential Sales 547
% of Equity Rich Homes (Q2 2024) 38.55%
Effective 2023 Property Tax 1.29%
Total Foreclosure Filings (year-to-date) 2
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Minneapolis, MN 55406 Real Estate Overview

There were 559 residential properties sold in the past year in Minneapolis, MN 55406. The median home value in Minneapolis, MN 55406 is $305,108. There are a total of 12,015 residential properties in the 55406.

Median Sales Price i
$308,000
(Feb 2024)
+3.4%
year-over-year
y-o-y
  • February '24 Feb '24 $308,000
  • January '24 Jan '24 $275,000
  • December '23 Dec '23 $280,000
  • November '23 Nov '23 $304,800
  • October '23 Oct '23 $349,900
  • September '23 Sep '23 $306,000
  • August '23 Aug '23 $343,750
  • July '23 Jul '23 $355,000
  • June '23 Jun '23 $350,000
  • May '23 May '23 $318,500
  • April '23 Apr '23 $355,650
  • March '23 Mar '23 $347,300
Median Down Payment i
$41,847
(Feb 2024)
-18.7%
year-over-year
y-o-y
  • February '24 Feb '24 $41,847
  • January '24 Jan '24 $42,850
  • December '23 Dec '23 $36,734
  • November '23 Nov '23 $71,600
  • October '23 Oct '23 $62,000
  • September '23 Sep '23 $49,900
  • August '23 Aug '23 $57,600
  • July '23 Jul '23 $46,875
  • June '23 Jun '23 $43,425
  • May '23 May '23 $61,000
  • April '23 Apr '23 $28,000
  • March '23 Mar '23 $63,500
Number of Homes Sold i
22
(Feb 2024)
-21.4%
year-over-year
y-o-y
  • February '24 Feb '24 22
  • January '24 Jan '24 33
  • December '23 Dec '23 36
  • November '23 Nov '23 50
  • October '23 Oct '23 40
  • September '23 Sep '23 45
  • August '23 Aug '23 48
  • July '23 Jul '23 66
  • June '23 Jun '23 50
  • May '23 May '23 47
  • April '23 Apr '23 50
  • March '23 Mar '23 44
Number of Purchase Loans i
13
(Feb 2024)
-31.6%
year-over-year
y-o-y
  • February '24 Feb '24 13
  • January '24 Jan '24 22
  • December '23 Dec '23 32
  • November '23 Nov '23 39
  • October '23 Oct '23 33
  • September '23 Sep '23 33
  • August '23 Aug '23 35
  • July '23 Jul '23 48
  • June '23 Jun '23 32
  • May '23 May '23 41
  • April '23 Apr '23 35
  • March '23 Mar '23 29
Number of REFI Loans i
9
(Feb 2024)
-30.8%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 10
  • December '23 Dec '23 9
  • November '23 Nov '23 14
  • October '23 Oct '23 11
  • September '23 Sep '23 16
  • August '23 Aug '23 17
  • July '23 Jul '23 12
  • June '23 Jun '23 10
  • May '23 May '23 20
  • April '23 Apr '23 12
  • March '23 Mar '23 22
Number of HELOC Loans i
7
(Feb 2024)
+40%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 11
  • December '23 Dec '23 7
  • November '23 Nov '23 9
  • October '23 Oct '23 12
  • September '23 Sep '23 9
  • August '23 Aug '23 20
  • July '23 Jul '23 5
  • June '23 Jun '23 16
  • May '23 May '23 11
  • April '23 Apr '23 9
  • March '23 Mar '23 13

Minneapolis, MN 55406 Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 2
  • August '23 Aug '23 5
  • July '23 Jul '23 4
  • June '23 Jun '23 4
  • May '23 May '23 1
  • April '23 Apr '23 3
  • March '23 Mar '23 4
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 2
  • August '23 Aug '23 5
  • July '23 Jul '23 4
  • June '23 Jun '23 4
  • May '23 May '23 1
  • April '23 Apr '23 3
  • March '23 Mar '23 4
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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