Minneapolis Real Estate Trends & Statistics

Minneapolis Median List Price

$195,000

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Minneapolis Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	1,439	1,354	6%	1,614	11%
Median List Price	$195,000	$195,000		$179,900	8%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	2%	2%		3%
Median DOM	39	39		53	26%
Median House Size	1,511	1,500	1%	1,490	1%
Median $/Sqft	$149/sqft	$145/sqft	3%	$137/sqft	9%

	Today	1 Month Ago		1 Year Ago
Total Inventory	961	891	8%	1,120	14%
Median List Price	$189,900	$189,888		$177,900	7%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	2%	3%		4%
Median DOM	33	33		47	30%
Median House Size	1,622	1,612	1%	1,619
Median $/Sqft	$131/sqft	$126/sqft	4%	$115/sqft	14%

	Today	1 Month Ago		1 Year Ago
Total Inventory	478	463	3%	494	3%
Median List Price	$199,900	$204,900	2%	$184,900	8%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	1%	1%		2%
Median DOM	57	49	16%	64	11%
Median House Size	1,176	1,182	1%	1,123	5%
Median $/Sqft	$190/sqft	$192/sqft	1%	$175/sqft	9%

Minneapolis Market Data

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	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	293	234	249	210	256	279	364
New Listings	484	312	540	573	659	803	805
Sold/Expired	599	506	577	559	725	728	754

	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	243	186	192	163	180	199	273
New Listings	353	210	353	375	452	574	610
Sold/Expired	455	375	432	396	505	532	574

	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	50	48	57	47	76	80	91
New Listings	131	102	187	198	207	229	195
Sold/Expired	144	131	145	163	220	196	180

Minneapolis, Minnesota real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Minneapolis homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Minneapolis. Movoto is your comprehensive source for Minneapolis property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Minneapolis, MN Market Overview

Inventory: 1,439 Recently Sold: 754 New Listings: 805 Distressed: 2

Minneapolis's home resale inventories increased, with a 6 percent increase since May 2013. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in June. The median listing price in Minneapolis stayed the same from May to June. There were a total of 43 price increases and 364 price decreases.

Updated: 06/01/2013

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Nearby Homes for Sale

3536 46th Ave S, Minneapolis, MN