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 805 resale and new homes in Minneapolis lined up for you, including 17 open houses, and 585 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$243,800

Median Sales Price

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$225

Price Per Sqft

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$1,650

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 1% year-over-year rise in median sales price and a 3% rise in median rent per month.

Median Sales Price
The median sales price for homes in Minneapolis for Apr 13 to Jul 12 was $243,800 based on 1,108 home sales.
Price Per Square Ft.
Average price per square foot for Minneapolis was $225, 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 Jun 13 to Jul 13 was $1,650.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around 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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7,066

Counts of Theft

1,929

Counts of Burglary

1,027

Counts of Assault


Best Schools in Minneapolis

There are 100 schools in Minneapolis.

Elementary Schools
10

Yinghua Academy

Charter, K-8

10

Burroughs Elementary School

Public, K-5

10

Field Elementary School

Public, 5-8

Middle Schools
10

Yinghua Academy

Charter, K-8

10

Lake Harriet Upper School

Public, 3-8

7

Anthony Middle School

Public, 6-8

High Schools
6

Washburn Senior High School

Public, 9-12

5

Southwest Senior High School

Public, 9-12

4

Watershed High School

Charter, 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
52%
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
3% commute by bike
13% commute by public transportation
2% commute by foot

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