| Location | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 55416 | $234,900 | -17.4% | $249,900 | $284,500 | $239,891 | Minneapolis | $157,000 | +6.9% | $146,250 | $146,900 | $200,000 |
Minneapolis, 55416 Market Trends
Today, January 1, 2010
Minneapolis, 55416 Summary
The median sales price for homes in ZIP code 55416 for Sep 09 to Nov 09 was $234,900. This represents a decline of 6%, or $15,000, compared to the prior quarter and a decrease of 17.4% compared to the prior year. Sales prices have depreciated 2.1% over the last 5 years in 55416, Minneapolis.
The median sales price of $234,900 for 55416 is 49.62% higher than the median sales price for Minneapolis MN. Average listing price for homes on Trulia in ZIP code 55416 was $413,865 for the week ending Dec 23, which represents a decline of 1.8%, or $7,417 compared to the prior week and a decline of 0.1%, or $274, compared to the week ending Dec 02.
| Location | Week ending Dec 23 | w-o-w | Week ending Dec 16 | Week ending Dec 9 | Week ending Dec 2 |
|---|---|---|---|---|---|
| 55416 | $413,865 | -1.8% | $421,282 | $415,600 | $414,139 | Minneapolis | $330,198 | -1.8% | $336,215 | $334,486 | $337,007 |
| Location | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 55416 | $202 | -17.9% | $221 | $246 | $230 | Minneapolis | - | - | $128 | $138 | $181 |
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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