Most popular
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neighborhoods
Avg. listing price
Week ending Jul 1
Week ending Jul 1
w-o-w
Movers & Shakers
Avg. listing price
Week ending Jul 1
Week ending Jul 1
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Minneapolis Real Estate Overview
Today, July 11, 2009
Market View for Minneapolis
Avg. Listing Price
$352,673
Wk ending Jul 01
+$4,395
+1.3%
w-o-w
+1.3%
w-o-w
Median Sales Price
$100,662
Apr '09 - Jun '09
-$64,338
-39.0%
y-o-y
-39.0%
y-o-y
w-o-w
w-o-w
Minneapolis Summary
Average price per square foot for Minneapolis MN was $112, a decrease of 22.2% compared to the same period last year. The median sales price for homes in Minneapolis MN for Apr 09 to Jun 09 was $100,662 based on 1,338 home sales. Compared to the same period one year ago, the median home sales price decreased 39%, or $64,338, and the number of home sales decreased 16.4%.
There are currently 2,437 resale and new homes in Minneapolis on Trulia, including 150 open houses, as well as 1,802 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Minneapolis MN was $352,673 for the week ending Jul 01, which represents an increase of 1.3%, or $4,395, compared to the prior week. Popular neighborhoods in Minneapolis include Linden Hills and Lowry Hill, with average listing prices of $530,765 and $1,229,842.
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Minneapolis real estate—use Trulia to find real estate in Minneapolis as well real estate in other cities in Minnesota. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Minneapolis real estate trends, market activity, and neighborhood information. Before buying a house in Minneapolis, research real estate on Trulia. Understanding the Minneapolis real estate market is your first step to buying a home in Minneapolis, Minnesota. Our real estate guide gives your a valuable overview of the Minneapolis real estate market—find Minneapolis properties, sales statistics, real estate price trends, real estate market activity, comparisons of Minneapolis schools or Minnesota schools, and general demographic information for Minneapolis, MN. Trulia's real estate guide combines a Minneapolis map with a detailed list of Minneapolis neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Minneapolis.
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