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Minneapolis, MN 55406 Real Estate & Property Data

Minneapolis, MN 55406 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 583 residential properties have been sold over the past 12 months in 55406. With a median sales price of $314,500 in 55406 and a total of 6 foreclosures in Minneapolis, MN 55406. Discover market trends and get the granular level real estate data for Minneapolis, MN 55406 to keep your pulse on the housing market. Curate compelling home reports for Minneapolis, MN 55406 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Minneapolis, MN 55406 Real Estate Market Trends

Get property data for any address in Minneapolis, MN 55406 or the country:

Total Residential Properties 12,004

Total Commercial Properties 679

Avg. Home Age (Single Family Home) 98 Years

Avg. Square Feet (Single Family Home) 1,220

Total 2025 Residential Sales (year-to-date) 69

% of Homes Seriously Underwater (Q2 2025) 0.71%

Total 2024 Residential Sales 547

% of Equity Rich Homes (Q2 2025) 40.23%

Effective 2024 Property Tax 1.28%

Total Foreclosure Filings (year-to-date) 6

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Minneapolis, MN 55406 Real Estate Overview

There were 583 residential properties sold in the past year in Minneapolis, MN 55406. The median home value in Minneapolis, MN 55406 is $329,808. There are a total of 12,004 residential properties in the 55406.

Median Sales Price i

$314,500

(Feb 2025)

+5.9%

year-over-year

y-o-y

February '25 Feb '25 $314,500
January '25 Jan '25 $319,500
December '24 Dec '24 $329,500
November '24 Nov '24 $348,000
October '24 Oct '24 $322,100
September '24 Sep '24 $335,000
August '24 Aug '24 $335,000
July '24 Jul '24 $372,010
June '24 Jun '24 $355,000
May '24 May '24 $369,000
April '24 Apr '24 $305,000
March '24 Mar '24 $303,000

Median Down Payment i

$58,510

(Feb 2025)

+46.6%

year-over-year

y-o-y

February '25 Feb '25 $58,510
January '25 Jan '25 $53,500
December '24 Dec '24 $30,700
November '24 Nov '24 $65,000
October '24 Oct '24 $53,000
September '24 Sep '24 $60,000
August '24 Aug '24 $68,000
July '24 Jul '24 $57,562
June '24 Jun '24 $47,000
May '24 May '24 $64,000
April '24 Apr '24 $41,250
March '24 Mar '24 $37,550

Number of Homes Sold i

40

(Feb 2025)

+73.9%

year-over-year

y-o-y

February '25 Feb '25 40
January '25 Jan '25 29
December '24 Dec '24 43
November '24 Nov '24 38
October '24 Oct '24 58
September '24 Sep '24 45
August '24 Aug '24 59
July '24 Jul '24 64
June '24 Jun '24 46
May '24 May '24 53
April '24 Apr '24 42
March '24 Mar '24 43

Number of Purchase Loans i

26

(Feb 2025)

+73.3%

year-over-year

y-o-y

February '25 Feb '25 26
January '25 Jan '25 17
December '24 Dec '24 29
November '24 Nov '24 28
October '24 Oct '24 42
September '24 Sep '24 39
August '24 Aug '24 41
July '24 Jul '24 47
June '24 Jun '24 37
May '24 May '24 36
April '24 Apr '24 29
March '24 Mar '24 26

Number of REFI Loans i

15

(Feb 2025)

+50%

year-over-year

y-o-y

February '25 Feb '25 15
January '25 Jan '25 8
December '24 Dec '24 12
November '24 Nov '24 13
October '24 Oct '24 29
September '24 Sep '24 18
August '24 Aug '24 19
July '24 Jul '24 15
June '24 Jun '24 15
May '24 May '24 11
April '24 Apr '24 15
March '24 Mar '24 9

Number of HELOC Loans i

9

(Feb 2025)

+28.6%

year-over-year

y-o-y

February '25 Feb '25 9
January '25 Jan '25 8
December '24 Dec '24 14
November '24 Nov '24 8
October '24 Oct '24 16
September '24 Sep '24 11
August '24 Aug '24 13
July '24 Jul '24 14
June '24 Jun '24 11
May '24 May '24 11
April '24 Apr '24 12
March '24 Mar '24 6

Minneapolis, MN 55406 Real Estate Market Overview

Last 30 days

Street
Street
Street

Minneapolis, MN 55406 Foreclosure Activity

There were a total of 6 Minneapolis, MN 55406 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

6

(Feb 2025)

February '25 Feb '25 6
January '25 Jan '25 N/A
December '24 Dec '24 2
November '24 Nov '24 4
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 3
July '24 Jul '24 5
June '24 Jun '24 2
May '24 May '24 5
April '24 Apr '24 6
March '24 Mar '24 3

Foreclosure Starts i

6

(Feb 2025)

February '25 Feb '25 6
January '25 Jan '25 N/A
December '24 Dec '24 2
November '24 Nov '24 4
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 3
July '24 Jul '24 5
June '24 Jun '24 2
May '24 May '24 5
April '24 Apr '24 6
March '24 Mar '24 3

Completed Foreclosures (REOs) i

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 1
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 1

Nearby Zip Codes

1. 55401
2. 55402
3. 55403
4. 55404
5. 55405
6. 55407

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