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Minneapolis, MN 55448 Real Estate & Property Data

Minneapolis, MN 55448 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 439 residential properties have been sold over the past 12 months in 55448. With a median sales price of $451,500 in 55448 and a total of 4 foreclosures in Minneapolis, MN 55448. Discover market trends and get the granular level real estate data for Minneapolis, MN 55448 to keep your pulse on the housing market. Curate compelling home reports for Minneapolis, MN 55448 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

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Total Residential Properties 9,924

Total Commercial Properties 174

Avg. Home Age (Single Family Home) 46 Years

Avg. Square Feet (Single Family Home) 1,346

Total 2025 Residential Sales (year-to-date) 38

% of Homes Seriously Underwater (Q2 2025) 0.6%

Total 2024 Residential Sales 407

% of Equity Rich Homes (Q2 2025) 38.88%

Effective 2024 Property Tax 0.94%

Total Foreclosure Filings (year-to-date) 6

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Minneapolis, MN 55448 Real Estate Overview

There were 439 residential properties sold in the past year in Minneapolis, MN 55448. The median home value in Minneapolis, MN 55448 is $343,750. There are a total of 9,924 residential properties in the 55448.

Median Sales Price i

$451,500

(Feb 2025)

+30.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $451,500
January '25 Jan '25 $350,000
December '24 Dec '24 $309,000
November '24 Nov '24 $362,000
October '24 Oct '24 $368,000
September '24 Sep '24 $369,950
August '24 Aug '24 $351,750
July '24 Jul '24 $355,000
June '24 Jun '24 $355,000
May '24 May '24 $360,000
April '24 Apr '24 $344,950
March '24 Mar '24 $300,890

Median Down Payment i

$41,375

(Feb 2025)

+110.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $41,375
January '25 Jan '25 $25,000
December '24 Dec '24 $26,800
November '24 Nov '24 $19,372
October '24 Oct '24 $41,900
September '24 Sep '24 $19,506
August '24 Aug '24 $18,000
July '24 Jul '24 $40,000
June '24 Jun '24 $48,000
May '24 May '24 $60,738
April '24 Apr '24 $10,950
March '24 Mar '24 $21,740

Number of Homes Sold i

(Feb 2025)

-43.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 9
January '25 Jan '25 29
December '24 Dec '24 41
November '24 Nov '24 32
October '24 Oct '24 45
September '24 Sep '24 43
August '24 Aug '24 30
July '24 Jul '24 42
June '24 Jun '24 68
May '24 May '24 36
April '24 Apr '24 31
March '24 Mar '24 17

Number of Purchase Loans i

(Feb 2025)

-25%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 9
January '25 Jan '25 23
December '24 Dec '24 39
November '24 Nov '24 25
October '24 Oct '24 52
September '24 Sep '24 32
August '24 Aug '24 19
July '24 Jul '24 31
June '24 Jun '24 59
May '24 May '24 29
April '24 Apr '24 24
March '24 Mar '24 19

Number of REFI Loans i

(Feb 2025)

-60%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 6
January '25 Jan '25 13
December '24 Dec '24 23
November '24 Nov '24 29
October '24 Oct '24 32
September '24 Sep '24 17
August '24 Aug '24 22
July '24 Jul '24 25
June '24 Jun '24 23
May '24 May '24 26
April '24 Apr '24 28
March '24 Mar '24 26

Number of HELOC Loans i

(Feb 2025)

-77.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 2
January '25 Jan '25 7
December '24 Dec '24 14
November '24 Nov '24 14
October '24 Oct '24 8
September '24 Sep '24 12
August '24 Aug '24 10
July '24 Jul '24 14
June '24 Jun '24 20
May '24 May '24 13
April '24 Apr '24 6
March '24 Mar '24 9

Minneapolis, MN 55448 Real Estate Market Overview

Last 30 days

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Minneapolis, MN 55448 Foreclosure Activity

There were a total of 4 Minneapolis, MN 55448 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 4 Minneapolis, MN 55448 properties and repossessed 2 Minneapolis, MN 55448 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

year-over-year

y-o-y

List Graph

1 year 3 years

5 years