Minneapolis Real Estate Market Overview

Could Minneapolis, MN be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Minneapolis. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Minneapolis such... as Saint Paul and Edina. When you’re ready, Trulia has 839 resale and new homes in Minneapolis lined up for you, including 12 open houses, and 949 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$230,788

Median Sales Price

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$203

Price Per Sqft

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$1,500

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Minneapolis show a 5% year-over-year rise in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in Minneapolis for Feb 26 to May 25 was $230,788 based on 766 home sales.
Price Per Square Ft.
Average price per square foot for Minneapolis was $203, an increase of 5% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Minneapolis for Apr 20 to May 20 was $1,500.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in Minneapolis can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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4,091

Counts of Theft

1,147

Counts of Burglary

645

Counts of Robbery


Best Schools in Minneapolis

There are 231 schools in Minneapolis.

Elementary Schools
10

Gleason Lake Elementary School

Public, PK - 5

10

Creek Valley Elementary School

Public, K - 5

10

Highlands Elementary School

Public, K - 5

Middle Schools
10

Valley View Middle School

Public, 6 - 9

10

Wayzata Central Middle School

Public, 6 - 8

10

South View Middle School

Public, 6 - 9

High Schools
10

Edina Senior High School

Public, 10 - 12

10

Wayzata High School

Public, 9 - 12

9

Jefferson Senior High School

Public, 9 - 12


Demographics

Get to know your neighbors in Minneapolis by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
48%
Single residents
Home owners
59%
Home owners
Median age
34
Median age
Household income
$52,250
Median household income
College educated
51%
College educated

Commute

Most people in Minneapolis commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
81% commute by car
2% commute by bike
13% commute by public transportation
2% commute by foot

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