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 Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $176,000 +9.3% $141,252 $161,000 $150,289
2 bedrooms $190,450 +9.1% $177,500 $174,626 $173,900
3 bedrooms $235,400 +7.0% $224,991 $220,000 $197,500
4 bedrooms $270,000 +7.0% $269,750 $252,300 $216,250
All properties $219,000 +6.6% $204,900 $205,500 $185,000
Want to know more about in Minneapolis? Ask local experts

Summary for Minneapolis


The median sales price for homes in Minneapolis MN for Feb 15 to May 15 was $219,000. This represents an increase of 6.9%, or $14,100, compared to the prior quarter and an increase of 6.6% compared to the prior year. Sales prices have appreciated 18.4% over the last 5 years in Minneapolis. The average listing price for Minneapolis homes for sale on Trulia was $401,661 for the week ending May 27, which represents an increase of 3.6%, or $13,883, compared to the prior week and an increase of 3%, or $11,701, compared to the week ending May 06. Average price per square foot for Minneapolis MN was $149, a decrease of 42.2% compared to the same period last year. Popular neighborhoods in Minneapolis include Linden Hills, Kingfield, Lowry Hill, Fulton, Downtown West, and Loring Park.

Average Listing Price in Minneapolis

 

Minneapolis average property price
Minneapolis – number of properties
No. Bedrooms Week ending
May 27
w-o-w Week ending
May 20
Week ending
May 13
Week ending
May 6
1 bedroom $201,862 +1.0% $199,771 $208,022 $199,454
2 bedrooms $293,690 -3.2% $303,483 $294,160 $285,463
3 bedrooms $364,040 +1.9% $357,258 $370,343 $365,343
4 bedrooms $595,882 +4.2% $571,813 $589,272 $556,959
All properties $401,661 +3.6% $387,778 $396,179 $389,960
Want to know more about in Minneapolis? Ask local experts

Average Price Per Sqft. for Homes in Minneapolis

 

1 yr 5 yr Max
Minneapolis average price per square foot
No. Bedrooms Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $211 +11.1% $298 $190 $177
2 bedrooms $143 -24.7% $142 $190 $118
3 bedrooms $116 +1.8% $115 $114 $98
4 bedrooms $129 +9.3% $117 $118 $101
All properties $149 -42.2% $198 $258 $111
Want to know more about in Minneapolis? Ask local experts

Popular Neighborhoods in Minneapolis


Neighborhoods Week ending
May 27
w-o-w Week ending
May 20
Week ending
May 13
Linden Hills 1 1 1
Kingfield 2 2 7
Lowry Hill 3 +1 4 3
Fulton 4 -1 3 10
Downtown West 5 +10 15 24
Loring Park 6 +20 26 15
Stats & Trends
Homes for Sale in Minneapolis
View all Minneapolis Homes for Sale