Minneapolis, MN 55420 Real Estate & Property Data

Minneapolis, MN 55420 Real Estate Market Trends
Last Updated: April 28, 2024

A total of 291 residential properties have been sold over the past 12 months in 55420. With a median sales price of $328,000 in 55420 and a total of 2 foreclosures in Minneapolis, MN 55420. Discover market trends and get the granular level real estate data for Minneapolis, MN 55420 to keep your pulse on the housing market. Curate compelling home reports for Minneapolis, MN 55420 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Minneapolis, MN 55420 Real Estate Market Trends
Total Residential Properties 6,734
Total Commercial Properties 380
Avg. Home Age (Single Family Home) 68 Years
Avg. Square Feet (Single Family Home) 1,206
Total 2024 Residential Sales (year-to-date) 28
% of Homes Seriously Underwater (Q2 2024) 0.85%
Total 2023 Residential Sales 275
% of Equity Rich Homes (Q2 2024) 35.65%
Effective 2023 Property Tax 1.15%
Total Foreclosure Filings (year-to-date) 4
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Minneapolis, MN 55420 Real Estate Overview

There were 291 residential properties sold in the past year in Minneapolis, MN 55420. The median home value in Minneapolis, MN 55420 is $311,788. There are a total of 6,734 residential properties in the 55420.

Median Sales Price i
$328,000
(Feb 2024)
+14.1%
year-over-year
y-o-y
  • February '24 Feb '24 $328,000
  • January '24 Jan '24 $312,000
  • December '23 Dec '23 $316,500
  • November '23 Nov '23 $340,000
  • October '23 Oct '23 $307,450
  • September '23 Sep '23 $337,500
  • August '23 Aug '23 $336,251
  • July '23 Jul '23 $330,000
  • June '23 Jun '23 $346,000
  • May '23 May '23 $352,000
  • April '23 Apr '23 $320,000
  • March '23 Mar '23 $335,000
Median Down Payment i
$83,500
(Feb 2024)
+29.7%
year-over-year
y-o-y
  • February '24 Feb '24 $83,500
  • January '24 Jan '24 $35,000
  • December '23 Dec '23 $51,050
  • November '23 Nov '23 $19,050
  • October '23 Oct '23 $17,500
  • September '23 Sep '23 $41,675
  • August '23 Aug '23 $52,900
  • July '23 Jul '23 $28,050
  • June '23 Jun '23 $57,000
  • May '23 May '23 $16,250
  • April '23 Apr '23 $36,750
  • March '23 Mar '23 $15,825
Number of Homes Sold i
14
(Feb 2024)
+133.3%
year-over-year
y-o-y
  • February '24 Feb '24 14
  • January '24 Jan '24 14
  • December '23 Dec '23 17
  • November '23 Nov '23 32
  • October '23 Oct '23 20
  • September '23 Sep '23 14
  • August '23 Aug '23 36
  • July '23 Jul '23 30
  • June '23 Jun '23 35
  • May '23 May '23 35
  • April '23 Apr '23 28
  • March '23 Mar '23 10
Number of Purchase Loans i
11
(Feb 2024)
+120%
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 11
  • December '23 Dec '23 15
  • November '23 Nov '23 21
  • October '23 Oct '23 16
  • September '23 Sep '23 9
  • August '23 Aug '23 30
  • July '23 Jul '23 19
  • June '23 Jun '23 25
  • May '23 May '23 24
  • April '23 Apr '23 18
  • March '23 Mar '23 10
Number of REFI Loans i
4
(Feb 2024)
-42.9%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 12
  • December '23 Dec '23 9
  • November '23 Nov '23 12
  • October '23 Oct '23 8
  • September '23 Sep '23 14
  • August '23 Aug '23 18
  • July '23 Jul '23 8
  • June '23 Jun '23 12
  • May '23 May '23 9
  • April '23 Apr '23 14
  • March '23 Mar '23 11
Number of HELOC Loans i
3
(Feb 2024)
-40%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 6
  • December '23 Dec '23 4
  • November '23 Nov '23 5
  • October '23 Oct '23 3
  • September '23 Sep '23 9
  • August '23 Aug '23 9
  • July '23 Jul '23 6
  • June '23 Jun '23 7
  • May '23 May '23 10
  • April '23 Apr '23 5
  • March '23 Mar '23 7

Minneapolis, MN 55420 Foreclosure Activity

There were a total of 2 Minneapolis, MN 55420 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 3
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 2
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 2
  • April '23 Apr '23 2
  • March '23 Mar '23 2
Foreclosure Starts i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 3
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 2
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 2
  • April '23 Apr '23 2
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • 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 1
  • March '23 Mar '23 N/A
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