Minneapolis, MN Real Estate & Property Data

Minneapolis Real Estate Market Trends
Last Updated: March 15, 2024

Accurate and comprehensive real estate data is critical for insight into Minneapolis, MN. ATTOM’s Minneapolis real estate data is updated daily, and current market trends show that in Minneapolis, MN a total of 15,805 residential properties have sold over the past year. With a median home price of $325,000 in Minneapolis and a total of 99 foreclosures. Get detailed property data for Minneapolis, MN instantly. ATTOM is your one-stop-shop for the Minneapolis property reports and real estate data you need in Minneapolis, MN.

Minneapolis Real Estate Market Trends
Total Residential Properties 325,727
Total Commercial Properties 28,813
Avg. Home Age (Single Family Home) 66 Years
Avg. Square Feet (Single Family Home) 1,470
Total 2024 Residential Sales (year-to-date) 898
% of Homes Seriously Underwater (Q1 2024) 1.04%
Total 2023 Residential Sales 14,907
% of Equity Rich Homes (Q1 2024) 33.33%
Effective 2023 Property Tax 1.23%
Total Foreclosure Filings (year-to-date) 99
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Minneapolis, MN Real Estate Overview

There were 15,805 residential properties sold in the past year in Minneapolis, MN. The median home value in Minneapolis, MN is $325,186. There are a total of 325,727 residential properties in the Minneapolis.

Median Sales Price i
$325,000
(Jan 2024)
+1.6%
year-over-year
y-o-y
  • January '24 Jan '24 $325,000
  • December '23 Dec '23 $329,950
  • November '23 Nov '23 $337,500
  • October '23 Oct '23 $339,000
  • September '23 Sep '23 $354,000
  • August '23 Aug '23 $370,000
  • July '23 Jul '23 $370,000
  • June '23 Jun '23 $364,896
  • May '23 May '23 $360,000
  • April '23 Apr '23 $355,000
  • March '23 Mar '23 $339,000
  • February '23 Feb '23 $316,000
Median Down Payment i
$42,945
(Jan 2024)
+10.8%
year-over-year
y-o-y
  • January '24 Jan '24 $42,945
  • December '23 Dec '23 $40,500
  • November '23 Nov '23 $42,000
  • October '23 Oct '23 $43,254
  • September '23 Sep '23 $44,700
  • August '23 Aug '23 $53,000
  • July '23 Jul '23 $48,000
  • June '23 Jun '23 $42,500
  • May '23 May '23 $41,450
  • April '23 Apr '23 $41,100
  • March '23 Mar '23 $35,000
  • February '23 Feb '23 $32,870
Number of Homes Sold i
898
(Jan 2024)
-3.1%
year-over-year
y-o-y
  • January '24 Jan '24 898
  • December '23 Dec '23 989
  • November '23 Nov '23 1,307
  • October '23 Oct '23 1,264
  • September '23 Sep '23 1,391
  • August '23 Aug '23 1,751
  • July '23 Jul '23 1,475
  • June '23 Jun '23 1,515
  • May '23 May '23 1,270
  • April '23 Apr '23 1,101
  • March '23 Mar '23 1,098
  • February '23 Feb '23 819
Number of Purchase Loans i
579
(Jan 2024)
-11.9%
year-over-year
y-o-y
  • January '24 Jan '24 579
  • December '23 Dec '23 731
  • November '23 Nov '23 988
  • October '23 Oct '23 939
  • September '23 Sep '23 1,118
  • August '23 Aug '23 1,362
  • July '23 Jul '23 1,176
  • June '23 Jun '23 1,213
  • May '23 May '23 955
  • April '23 Apr '23 828
  • March '23 Mar '23 850
  • February '23 Feb '23 638
Number of REFI Loans i
406
(Jan 2024)
+2%
year-over-year
y-o-y
  • January '24 Jan '24 406
  • December '23 Dec '23 484
  • November '23 Nov '23 576
  • October '23 Oct '23 549
  • September '23 Sep '23 545
  • August '23 Aug '23 648
  • July '23 Jul '23 606
  • June '23 Jun '23 604
  • May '23 May '23 561
  • April '23 Apr '23 441
  • March '23 Mar '23 509
  • February '23 Feb '23 338
Number of HELOC Loans i
219
(Jan 2024)
-23.4%
year-over-year
y-o-y
  • January '24 Jan '24 219
  • December '23 Dec '23 223
  • November '23 Nov '23 313
  • October '23 Oct '23 297
  • September '23 Sep '23 327
  • August '23 Aug '23 381
  • July '23 Jul '23 345
  • June '23 Jun '23 386
  • May '23 May '23 435
  • April '23 Apr '23 321
  • March '23 Mar '23 321
  • February '23 Feb '23 248

Minneapolis, MN Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Minneapolis, MN Foreclosure Activity

There were a total of 99 Minneapolis, MN properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 99 Minneapolis, MN properties and repossessed 8 Minneapolis, MN properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
99
(Jan 2024)
+141.5%
year-over-year
y-o-y
  • January '24 Jan '24 99
  • December '23 Dec '23 79
  • November '23 Nov '23 78
  • October '23 Oct '23 56
  • September '23 Sep '23 79
  • August '23 Aug '23 80
  • July '23 Jul '23 71
  • June '23 Jun '23 95
  • May '23 May '23 93
  • April '23 Apr '23 97
  • March '23 Mar '23 111
  • February '23 Feb '23 50
Foreclosure Starts i
99
(Jan 2024)
+141.5%
year-over-year
y-o-y
  • January '24 Jan '24 99
  • December '23 Dec '23 79
  • November '23 Nov '23 78
  • October '23 Oct '23 56
  • September '23 Sep '23 79
  • August '23 Aug '23 80
  • July '23 Jul '23 71
  • June '23 Jun '23 95
  • May '23 May '23 93
  • April '23 Apr '23 97
  • March '23 Mar '23 111
  • February '23 Feb '23 50
Completed Foreclosures (REOs) i
8
(Jan 2024)
-55.6%
year-over-year
y-o-y
  • January '24 Jan '24 8
  • December '23 Dec '23 9
  • November '23 Nov '23 8
  • October '23 Oct '23 3
  • September '23 Sep '23 17
  • August '23 Aug '23 11
  • July '23 Jul '23 14
  • June '23 Jun '23 11
  • May '23 May '23 13
  • April '23 Apr '23 7
  • March '23 Mar '23 10
  • February '23 Feb '23 18
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