Minneapolis, MN 55405 Real Estate & Property Data

Minneapolis, MN 55405 Real Estate Market Trends
Last Updated: September 06, 2025

A total of 217 residential properties have been sold over the past 12 months in 55405. With a median sales price of $486,000 in 55405. Discover market trends and get the granular level real estate data for Minneapolis, MN 55405 to keep your pulse on the housing market. Curate compelling home reports for Minneapolis, MN 55405 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Minneapolis, MN 55405 Real Estate Market Trends
Total Residential Properties 3,398
Total Commercial Properties 313
Avg. Home Age (Single Family Home) 94 Years
Avg. Square Feet (Single Family Home) 1,972
Total 2025 Residential Sales (year-to-date) 90
% of Homes Seriously Underwater (Q3 2025) 1.05%
Total 2024 Residential Sales 186
% of Equity Rich Homes (Q3 2025) 36.75%
Effective 2024 Property Tax 1.46%
Total Foreclosure Filings (year-to-date) 5
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Minneapolis, MN 55405 Real Estate Overview

There were 217 residential properties sold in the past year in Minneapolis, MN 55405. The median home value in Minneapolis, MN 55405 is $512,638. There are a total of 3,398 residential properties in the 55405.

Median Sales Price i
$486,000
(Jun 2025)
+11.1%
year-over-year
y-o-y
  • June '25 Jun '25 $486,000
  • May '25 May '25 $510,615
  • April '25 Apr '25 $417,000
  • March '25 Mar '25 $451,000
  • February '25 Feb '25 $295,000
  • January '25 Jan '25 $985,000
  • December '24 Dec '24 $397,500
  • November '24 Nov '24 $545,000
  • October '24 Oct '24 $600,000
  • September '24 Sep '24 $406,969
  • August '24 Aug '24 $395,000
  • July '24 Jul '24 $450,000
Median Down Payment i
$57,500
(Jun 2025)
-30.6%
year-over-year
y-o-y
  • June '25 Jun '25 $57,500
  • May '25 May '25 $97,000
  • April '25 Apr '25 $96,500
  • March '25 Mar '25 $37,500
  • February '25 Feb '25 $113,500
  • January '25 Jan '25 $394,000
  • December '24 Dec '24 $30,000
  • November '24 Nov '24 $142,000
  • October '24 Oct '24 $55,000
  • September '24 Sep '24 $44,700
  • August '24 Aug '24 $106,388
  • July '24 Jul '24 $87,588
Number of Homes Sold i
26
(Jun 2025)
+73.3%
year-over-year
y-o-y
  • June '25 Jun '25 26
  • May '25 May '25 21
  • April '25 Apr '25 15
  • March '25 Mar '25 15
  • February '25 Feb '25 7
  • January '25 Jan '25 6
  • December '24 Dec '24 20
  • November '24 Nov '24 15
  • October '24 Oct '24 25
  • September '24 Sep '24 14
  • August '24 Aug '24 21
  • July '24 Jul '24 17
Number of Purchase Loans i
14
(Jun 2025)
+40%
year-over-year
y-o-y
  • June '25 Jun '25 14
  • May '25 May '25 16
  • April '25 Apr '25 8
  • March '25 Mar '25 10
  • February '25 Feb '25 6
  • January '25 Jan '25 4
  • December '24 Dec '24 13
  • November '24 Nov '24 10
  • October '24 Oct '24 15
  • September '24 Sep '24 10
  • August '24 Aug '24 16
  • July '24 Jul '24 12
Number of REFI Loans i
5
(Jun 2025)
+66.7%
year-over-year
y-o-y
  • June '25 Jun '25 5
  • May '25 May '25 6
  • April '25 Apr '25 6
  • March '25 Mar '25 5
  • February '25 Feb '25 3
  • January '25 Jan '25 3
  • December '24 Dec '24 5
  • November '24 Nov '24 3
  • October '24 Oct '24 5
  • September '24 Sep '24 3
  • August '24 Aug '24 5
  • July '24 Jul '24 N/A
Number of HELOC Loans i
4
(Jun 2025)
  • June '25 Jun '25 4
  • May '25 May '25 6
  • April '25 Apr '25 4
  • March '25 Mar '25 4
  • February '25 Feb '25 6
  • January '25 Jan '25 3
  • December '24 Dec '24 5
  • November '24 Nov '24 3
  • October '24 Oct '24 4
  • September '24 Sep '24 8
  • August '24 Aug '24 5
  • July '24 Jul '24 6

Minneapolis, MN 55405 Foreclosure Activity

Total Foreclosure Filings i
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 1
  • March '25 Mar '25 N/A
  • February '25 Feb '25 4
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
Foreclosure Starts i
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 1
  • March '25 Mar '25 N/A
  • February '25 Feb '25 4
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
Completed Foreclosures (REOs) i
1
(Jun 2025)
  • June '25 Jun '25 1
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
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