Minneapolis, MN 55416 Real Estate & Property Data

Minneapolis, MN 55416 Real Estate Market Trends
Last Updated: April 28, 2024

A total of 500 residential properties have been sold over the past 12 months in 55416. With a median sales price of $476,000 in 55416 and a total of 1 foreclosures in Minneapolis, MN 55416. Discover market trends and get the granular level real estate data for Minneapolis, MN 55416 to keep your pulse on the housing market. Curate compelling home reports for Minneapolis, MN 55416 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Minneapolis, MN 55416 Real Estate Market Trends
Total Residential Properties 10,103
Total Commercial Properties 1,952
Avg. Home Age (Single Family Home) 75 Years
Avg. Square Feet (Single Family Home) 1,652
Total 2024 Residential Sales (year-to-date) 53
% of Homes Seriously Underwater (Q2 2024) 0.95%
Total 2023 Residential Sales 477
% of Equity Rich Homes (Q2 2024) 32.55%
Effective 2023 Property Tax 1.32%
Total Foreclosure Filings (year-to-date) 1
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Minneapolis, MN 55416 Real Estate Overview

There were 500 residential properties sold in the past year in Minneapolis, MN 55416. The median home value in Minneapolis, MN 55416 is $412,596. There are a total of 10,103 residential properties in the 55416.

Median Sales Price i
$476,000
(Feb 2024)
+12%
year-over-year
y-o-y
  • February '24 Feb '24 $476,000
  • January '24 Jan '24 $539,000
  • December '23 Dec '23 $685,000
  • November '23 Nov '23 $410,000
  • October '23 Oct '23 $525,000
  • September '23 Sep '23 $650,000
  • August '23 Aug '23 $417,500
  • July '23 Jul '23 $462,000
  • June '23 Jun '23 $505,000
  • May '23 May '23 $490,000
  • April '23 Apr '23 $532,500
  • March '23 Mar '23 $393,500
Median Down Payment i
$110,000
(Feb 2024)
+220.2%
year-over-year
y-o-y
  • February '24 Feb '24 $110,000
  • January '24 Jan '24 $135,000
  • December '23 Dec '23 $190,850
  • November '23 Nov '23 $61,500
  • October '23 Oct '23 $103,500
  • September '23 Sep '23 $131,800
  • August '23 Aug '23 $110,913
  • July '23 Jul '23 $116,024
  • June '23 Jun '23 $97,980
  • May '23 May '23 $88,000
  • April '23 Apr '23 $46,696
  • March '23 Mar '23 $90,825
Number of Homes Sold i
20
(Feb 2024)
-4.8%
year-over-year
y-o-y
  • February '24 Feb '24 20
  • January '24 Jan '24 33
  • December '23 Dec '23 30
  • November '23 Nov '23 39
  • October '23 Oct '23 39
  • September '23 Sep '23 44
  • August '23 Aug '23 67
  • July '23 Jul '23 51
  • June '23 Jun '23 49
  • May '23 May '23 48
  • April '23 Apr '23 37
  • March '23 Mar '23 22
Number of Purchase Loans i
15
(Feb 2024)
-21.1%
year-over-year
y-o-y
  • February '24 Feb '24 15
  • January '24 Jan '24 24
  • December '23 Dec '23 20
  • November '23 Nov '23 21
  • October '23 Oct '23 28
  • September '23 Sep '23 43
  • August '23 Aug '23 58
  • July '23 Jul '23 45
  • June '23 Jun '23 37
  • May '23 May '23 37
  • April '23 Apr '23 24
  • March '23 Mar '23 19
Number of REFI Loans i
6
(Feb 2024)
-40%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 11
  • December '23 Dec '23 5
  • November '23 Nov '23 14
  • October '23 Oct '23 16
  • September '23 Sep '23 9
  • August '23 Aug '23 16
  • July '23 Jul '23 18
  • June '23 Jun '23 12
  • May '23 May '23 12
  • April '23 Apr '23 7
  • March '23 Mar '23 7
Number of HELOC Loans i
9
(Feb 2024)
+50%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 11
  • December '23 Dec '23 11
  • November '23 Nov '23 12
  • October '23 Oct '23 8
  • September '23 Sep '23 11
  • August '23 Aug '23 15
  • July '23 Jul '23 17
  • June '23 Jun '23 17
  • May '23 May '23 20
  • April '23 Apr '23 13
  • March '23 Mar '23 10

Minneapolis, MN 55416 Foreclosure Activity

There were a total of 1 Minneapolis, MN 55416 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 3
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 3
  • August '23 Aug '23 N/A
  • July '23 Jul '23 3
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 6
  • March '23 Mar '23 3
Foreclosure Starts i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 3
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 3
  • August '23 Aug '23 N/A
  • July '23 Jul '23 3
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 6
  • March '23 Mar '23 3
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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