Minneapolis Market Trends


Median Sales Price in Minneapolis

 

1 yr 5 yr Max
Minneapolis median sales prices
Number of sold homes in Minneapolis
No. Bedrooms Apr - Jul '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $175,000 +11.5% $181,000 $156,963 $153,950
2 bedrooms $193,000 +8.1% $169,000 $178,588 $187,000
3 bedrooms $238,200 +7.6% $207,650 $221,294 $212,250
4 bedrooms $258,450 -4.9% $218,450 $271,764 $292,000
All properties $218,250 +7.1% $190,000 $203,726 $199,900
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Summary for Minneapolis


The median sales price for homes in Minneapolis MN for Apr 14 to Jul 14 was $218,250. This represents an increase of 14.9%, or $28,250, compared to the prior quarter and an increase of 7.1% compared to the prior year. Sales prices have appreciated 9.2% over the last 5 years in Minneapolis. The average listing price for Minneapolis homes for sale on Trulia was $348,613 for the week ending Jul 16, which represents a decline of 2%, or $6,963, compared to the prior week and a decline of 0.9%, or $3,023, compared to the week ending Jun 25. Average price per square foot for Minneapolis MN was $142, an increase of 12.7% compared to the same period last year. Popular neighborhoods in Minneapolis include Linden Hills, Lowry Hill, Phillips, Kingfield, East Harriet, and Tangletown.

Average Listing Price in Minneapolis

 

Minneapolis average property price
Minneapolis – number of properties
No. Bedrooms Week ending
Jul 16
w-o-w Week ending
Jul 9
Week ending
Jul 2
Week ending
Jun 25
1 bedroom $181,547 -4.1% $189,378 $184,864 $181,244
2 bedrooms $256,231 -0.3% $257,098 $263,359 $263,580
3 bedrooms $302,446 -2.5% $310,086 $291,081 $293,934
4 bedrooms $488,065 -2.7% $501,477 $487,878 $479,957
All properties $348,613 -2.0% $355,576 $352,301 $351,636
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Average Price Per Sqft. for Homes in Minneapolis

 

1 yr 5 yr Max
Minneapolis average price per square foot
No. Bedrooms Apr - Jul '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $192 +7.3% $201 $179 $192
2 bedrooms $152 +21.6% $127 $125 $125
3 bedrooms $128 +11.3% $110 $115 $103
4 bedrooms $120 +6.2% $104 $113 $113
All properties $142 +12.7% $124 $126 $120
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Popular Neighborhoods in Minneapolis


Neighborhoods Week ending
Jul 16
w-o-w Week ending
Jul 9
Week ending
Jul 2
Linden Hills 1 1 1
Lowry Hill 2 +2 4 2
Phillips 3 +2 5 4
Kingfield 4 +26 30 7
East Harriet 5 +22 27 29
Tangletown 6 -4 2 17
Stats & Trends
Homes for Sale in Minneapolis
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