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Price Trends - Sold vs. Listed
The median list price in May for single family homes in Minneapolis is $369,950. The list prices dropped by -2.5% from the previous month.

The price per square foot for listings in this area is $199.

The median sale price in January for single family homes is $210,000. The sale prices dropped by -19.99% from the previous month.

The price per square foot for sales in this area is $97.

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Market Inventory Trends

The number of active listings in Minneapolis dropped by 3.3% from the previous month.

The median number of days active properties have been listed is 47. This is significantly shorter than the national average.

The number of sales in January dropped by 90% from the previous month.

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Property Ownership

The percent of unoccupied properties is very low in Minneapolis. It is -9.02% below the national average.

The percent of owner occupied properties in Minneapolis is 12.01% above the national average.

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Additional Statistics for Single Family Homes and Condos in Minneapolis, MN
$346,380
Median Listing Price
54
Median Days on Market
140
Active Listings
12.1%
Distressed Listings
(foreclosures and short sales)
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    • Single Family
    • Condo/Townhouse/Co-Op
    • Lot/Land/Acreage
    • Rental Properties
    • Resale/New
    • Foreclosure/Bank Owned
    • Short Sale
    • Lease/Rental
    • Single Family Homes and Condos
    Minnesota
    The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this site are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
    © 2012, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
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