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Minneapolis, MN 55416 Real Estate & Property Data

Minneapolis, MN 55416 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 542 residential properties have been sold over the past 12 months in 55416. With a median sales price of $442,500 in 55416 and a total of 4 foreclosures in Minneapolis, MN 55416. Discover market trends and get the granular level real estate data for Minneapolis, MN 55416 to keep your pulse on the housing market. Curate compelling home reports for Minneapolis, MN 55416 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Minneapolis, MN 55416 Real Estate Market Trends

Get property data for any address in Minneapolis, MN 55416 or the country:

Total Residential Properties 10,095

Total Commercial Properties 1,866

Avg. Home Age (Single Family Home) 76 Years

Avg. Square Feet (Single Family Home) 1,656

Total 2025 Residential Sales (year-to-date) 70

% of Homes Seriously Underwater (Q2 2025) 0.94%

Total 2024 Residential Sales 505

% of Equity Rich Homes (Q2 2025) 33.09%

Effective 2024 Property Tax 1.33%

Total Foreclosure Filings (year-to-date) 4

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Minneapolis, MN 55416 Real Estate Overview

There were 542 residential properties sold in the past year in Minneapolis, MN 55416. The median home value in Minneapolis, MN 55416 is $422,250. There are a total of 10,095 residential properties in the 55416.

Median Sales Price i

$442,500

(Feb 2025)

+5.4%

year-over-year

y-o-y

February '25 Feb '25 $442,500
January '25 Jan '25 $393,851
December '24 Dec '24 $511,100
November '24 Nov '24 $495,000
October '24 Oct '24 $583,000
September '24 Sep '24 $622,000
August '24 Aug '24 $426,000
July '24 Jul '24 $499,900
June '24 Jun '24 $495,000
May '24 May '24 $452,500
April '24 Apr '24 $442,500
March '24 Mar '24 $462,500

Median Down Payment i

$51,000

(Feb 2025)

-53.6%

year-over-year

y-o-y

February '25 Feb '25 $51,000
January '25 Jan '25 $44,000
December '24 Dec '24 $59,700
November '24 Nov '24 $100,000
October '24 Oct '24 $108,300
September '24 Sep '24 $102,750
August '24 Aug '24 $51,250
July '24 Jul '24 $99,980
June '24 Jun '24 $101,200
May '24 May '24 $85,250
April '24 Apr '24 $47,914
March '24 Mar '24 $95,000

Number of Homes Sold i

35

(Feb 2025)

+59.1%

year-over-year

y-o-y

February '25 Feb '25 35
January '25 Jan '25 35
December '24 Dec '24 35
November '24 Nov '24 47
October '24 Oct '24 56
September '24 Sep '24 41
August '24 Aug '24 51
July '24 Jul '24 46
June '24 Jun '24 52
May '24 May '24 32
April '24 Apr '24 49
March '24 Mar '24 41

Number of Purchase Loans i

40

(Feb 2025)

+135.3%

year-over-year

y-o-y

February '25 Feb '25 40
January '25 Jan '25 28
December '24 Dec '24 31
November '24 Nov '24 28
October '24 Oct '24 43
September '24 Sep '24 29
August '24 Aug '24 32
July '24 Jul '24 35
June '24 Jun '24 42
May '24 May '24 28
April '24 Apr '24 44
March '24 Mar '24 23

Number of REFI Loans i

12

(Feb 2025)

+100%

year-over-year

y-o-y

February '25 Feb '25 12
January '25 Jan '25 20
December '24 Dec '24 17
November '24 Nov '24 11
October '24 Oct '24 17
September '24 Sep '24 12
August '24 Aug '24 12
July '24 Jul '24 12
June '24 Jun '24 12
May '24 May '24 10
April '24 Apr '24 6
March '24 Mar '24 9

Number of HELOC Loans i

11

(Feb 2025)

+22.2%

year-over-year

y-o-y

February '25 Feb '25 11
January '25 Jan '25 7
December '24 Dec '24 9
November '24 Nov '24 14
October '24 Oct '24 14
September '24 Sep '24 9
August '24 Aug '24 7
July '24 Jul '24 16
June '24 Jun '24 9
May '24 May '24 14
April '24 Apr '24 11
March '24 Mar '24 8

Minneapolis, MN 55416 Real Estate Market Overview

Last 30 days

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Minneapolis, MN 55416 Foreclosure Activity

There were a total of 4 Minneapolis, MN 55416 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

4

(Feb 2025)

+300%

year-over-year

y-o-y

February '25 Feb '25 4
January '25 Jan '25 N/A
December '24 Dec '24 2
November '24 Nov '24 1
October '24 Oct '24 2
September '24 Sep '24 2
August '24 Aug '24 2
July '24 Jul '24 8
June '24 Jun '24 1
May '24 May '24 1
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Foreclosure Starts i

4

(Feb 2025)

+300%

year-over-year

y-o-y

February '25 Feb '25 4
January '25 Jan '25 N/A
December '24 Dec '24 2
November '24 Nov '24 1
October '24 Oct '24 2
September '24 Sep '24 2
August '24 Aug '24 2
July '24 Jul '24 8
June '24 Jun '24 1
May '24 May '24 1
April '24 Apr '24 N/A
March '24 Mar '24 N/A

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 N/A
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 1
April '24 Apr '24 2
March '24 Mar '24 N/A

Nearby Zip Codes

1. 55401
2. 55402
3. 55403
4. 55404
5. 55405
6. 55406

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