Minneapolis, MN Real Estate & Property Data

Minneapolis Real Estate Market Trends
Last Updated: April 26, 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 15,551 residential properties have sold over the past year. With a median home price of $335,000 in Minneapolis and a total of 77 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 326,021
Total Commercial Properties 28,475
Avg. Home Age (Single Family Home) 66 Years
Avg. Square Feet (Single Family Home) 1,470
Total 2024 Residential Sales (year-to-date) 1,619
% of Homes Seriously Underwater (Q2 2024) 1%
Total 2023 Residential Sales 14,862
% of Equity Rich Homes (Q2 2024) 34.07%
Effective 2023 Property Tax 1.22%
Total Foreclosure Filings (year-to-date) 176
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Minneapolis, MN Real Estate Overview

There were 15,551 residential properties sold in the past year in Minneapolis, MN. The median home value in Minneapolis, MN is $329,674. There are a total of 326,021 residential properties in the Minneapolis.

Median Sales Price i
$335,000
(Feb 2024)
+6%
year-over-year
y-o-y
  • February '24 Feb '24 $335,000
  • January '24 Jan '24 $325,000
  • December '23 Dec '23 $330,000
  • November '23 Nov '23 $338,000
  • October '23 Oct '23 $339,434
  • September '23 Sep '23 $355,000
  • August '23 Aug '23 $375,000
  • 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
Median Down Payment i
$41,900
(Feb 2024)
+27.5%
year-over-year
y-o-y
  • February '24 Feb '24 $41,900
  • January '24 Jan '24 $42,945
  • December '23 Dec '23 $40,500
  • November '23 Nov '23 $41,491
  • October '23 Oct '23 $43,758
  • September '23 Sep '23 $45,000
  • August '23 Aug '23 $52,490
  • July '23 Jul '23 $48,000
  • June '23 Jun '23 $42,500
  • May '23 May '23 $41,450
  • April '23 Apr '23 $40,650
  • March '23 Mar '23 $35,000
Number of Homes Sold i
720
(Feb 2024)
-12.1%
year-over-year
y-o-y
  • February '24 Feb '24 720
  • January '24 Jan '24 899
  • December '23 Dec '23 988
  • November '23 Nov '23 1,309
  • October '23 Oct '23 1,265
  • September '23 Sep '23 1,390
  • August '23 Aug '23 1,752
  • July '23 Jul '23 1,470
  • June '23 Jun '23 1,505
  • May '23 May '23 1,264
  • April '23 Apr '23 1,070
  • March '23 Mar '23 1,100
Number of Purchase Loans i
568
(Feb 2024)
-11.1%
year-over-year
y-o-y
  • February '24 Feb '24 568
  • January '24 Jan '24 579
  • December '23 Dec '23 731
  • November '23 Nov '23 992
  • October '23 Oct '23 943
  • September '23 Sep '23 1,119
  • August '23 Aug '23 1,364
  • July '23 Jul '23 1,176
  • June '23 Jun '23 1,213
  • May '23 May '23 956
  • April '23 Apr '23 798
  • March '23 Mar '23 853
Number of REFI Loans i
388
(Feb 2024)
+14.8%
year-over-year
y-o-y
  • February '24 Feb '24 388
  • January '24 Jan '24 406
  • December '23 Dec '23 486
  • November '23 Nov '23 582
  • October '23 Oct '23 551
  • September '23 Sep '23 551
  • August '23 Aug '23 649
  • July '23 Jul '23 596
  • June '23 Jun '23 582
  • May '23 May '23 550
  • April '23 Apr '23 422
  • March '23 Mar '23 511
Number of HELOC Loans i
196
(Feb 2024)
-21%
year-over-year
y-o-y
  • February '24 Feb '24 196
  • January '24 Jan '24 219
  • December '23 Dec '23 223
  • November '23 Nov '23 313
  • October '23 Oct '23 297
  • September '23 Sep '23 328
  • August '23 Aug '23 381
  • July '23 Jul '23 342
  • June '23 Jun '23 374
  • May '23 May '23 432
  • April '23 Apr '23 313
  • March '23 Mar '23 321

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 77 Minneapolis, MN properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 77 Minneapolis, MN properties and repossessed 12 Minneapolis, MN properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
77
(Feb 2024)
+54%
year-over-year
y-o-y
  • February '24 Feb '24 77
  • 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
Foreclosure Starts i
77
(Feb 2024)
+54%
year-over-year
y-o-y
  • February '24 Feb '24 77
  • 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
Completed Foreclosures (REOs) i
12
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • 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
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