Minneapolis, MN 55407 Real Estate & Property Data

Minneapolis, MN 55407 Real Estate Market Trends
Last Updated: September 06, 2025

A total of 528 residential properties have been sold over the past 12 months in 55407. With a median sales price of $350,000 in 55407 and a total of 3 foreclosures in Minneapolis, MN 55407. Discover market trends and get the granular level real estate data for Minneapolis, MN 55407 to keep your pulse on the housing market. Curate compelling home reports for Minneapolis, MN 55407 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Minneapolis, MN 55407 Real Estate Market Trends
Total Residential Properties 9,807
Total Commercial Properties 888
Avg. Home Age (Single Family Home) 100 Years
Avg. Square Feet (Single Family Home) 1,304
Total 2025 Residential Sales (year-to-date) 234
% of Homes Seriously Underwater (Q3 2025) 0.7%
Total 2024 Residential Sales 468
% of Equity Rich Homes (Q3 2025) 38.34%
Effective 2024 Property Tax 1.28%
Total Foreclosure Filings (year-to-date) 16
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Minneapolis, MN 55407 Real Estate Overview

There were 528 residential properties sold in the past year in Minneapolis, MN 55407. The median home value in Minneapolis, MN 55407 is $334,394. There are a total of 9,807 residential properties in the 55407.

Median Sales Price i
$350,000
(Jun 2025)
+10.2%
year-over-year
y-o-y
  • June '25 Jun '25 $350,000
  • May '25 May '25 $389,500
  • April '25 Apr '25 $346,085
  • March '25 Mar '25 $380,000
  • February '25 Feb '25 $325,750
  • January '25 Jan '25 $320,000
  • December '24 Dec '24 $333,900
  • November '24 Nov '24 $302,450
  • October '24 Oct '24 $355,000
  • September '24 Sep '24 $307,000
  • August '24 Aug '24 $315,000
  • July '24 Jul '24 $347,500
Median Down Payment i
$54,200
(Jun 2025)
+34%
year-over-year
y-o-y
  • June '25 Jun '25 $54,200
  • May '25 May '25 $86,000
  • April '25 Apr '25 $63,600
  • March '25 Mar '25 $44,513
  • February '25 Feb '25 $32,591
  • January '25 Jan '25 $54,000
  • December '24 Dec '24 $34,800
  • November '24 Nov '24 $44,000
  • October '24 Oct '24 $67,350
  • September '24 Sep '24 $30,000
  • August '24 Aug '24 $43,300
  • July '24 Jul '24 $57,050
Number of Homes Sold i
51
(Jun 2025)
+64.5%
year-over-year
y-o-y
  • June '25 Jun '25 51
  • May '25 May '25 45
  • April '25 Apr '25 49
  • March '25 Mar '25 36
  • February '25 Feb '25 28
  • January '25 Jan '25 25
  • December '24 Dec '24 35
  • November '24 Nov '24 44
  • October '24 Oct '24 48
  • September '24 Sep '24 44
  • August '24 Aug '24 45
  • July '24 Jul '24 47
Number of Purchase Loans i
39
(Jun 2025)
+69.6%
year-over-year
y-o-y
  • June '25 Jun '25 39
  • May '25 May '25 30
  • April '25 Apr '25 36
  • March '25 Mar '25 24
  • February '25 Feb '25 20
  • January '25 Jan '25 20
  • December '24 Dec '24 21
  • November '24 Nov '24 33
  • October '24 Oct '24 35
  • September '24 Sep '24 30
  • August '24 Aug '24 26
  • July '24 Jul '24 30
Number of REFI Loans i
17
(Jun 2025)
+54.5%
year-over-year
y-o-y
  • June '25 Jun '25 17
  • May '25 May '25 15
  • April '25 Apr '25 8
  • March '25 Mar '25 16
  • February '25 Feb '25 15
  • January '25 Jan '25 10
  • December '24 Dec '24 15
  • November '24 Nov '24 21
  • October '24 Oct '24 19
  • September '24 Sep '24 21
  • August '24 Aug '24 14
  • July '24 Jul '24 15
Number of HELOC Loans i
12
(Jun 2025)
+140%
year-over-year
y-o-y
  • June '25 Jun '25 12
  • May '25 May '25 5
  • April '25 Apr '25 6
  • March '25 Mar '25 5
  • February '25 Feb '25 9
  • January '25 Jan '25 7
  • December '24 Dec '24 6
  • November '24 Nov '24 13
  • October '24 Oct '24 11
  • September '24 Sep '24 8
  • August '24 Aug '24 13
  • July '24 Jul '24 17

Minneapolis, MN 55407 Foreclosure Activity

There were a total of 3 Minneapolis, MN 55407 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i
3
(Jun 2025)
+200%
year-over-year
y-o-y
  • June '25 Jun '25 3
  • May '25 May '25 4
  • April '25 Apr '25 4
  • March '25 Mar '25 1
  • February '25 Feb '25 2
  • January '25 Jan '25 2
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 5
  • August '24 Aug '24 3
  • July '24 Jul '24 1
Foreclosure Starts i
3
(Jun 2025)
+200%
year-over-year
y-o-y
  • June '25 Jun '25 3
  • May '25 May '25 4
  • April '25 Apr '25 4
  • March '25 Mar '25 1
  • February '25 Feb '25 2
  • January '25 Jan '25 2
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 5
  • August '24 Aug '24 3
  • July '24 Jul '24 1
Completed Foreclosures (REOs) i
  • June '25 Jun '25 N/A
  • May '25 May '25 1
  • April '25 Apr '25 1
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 2
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 2
  • July '24 Jul '24 1
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