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Minneapolis, MN 55423 Real Estate & Property Data

Minneapolis, MN 55423 Real Estate Market Trends

Last Updated: September 20, 2025

A total of 539 residential properties have been sold over the past 12 months in 55423. With a median sales price of $370,000 in 55423 and a total of 3 foreclosures in Minneapolis, MN 55423. Discover market trends and get the granular level real estate data for Minneapolis, MN 55423 to keep your pulse on the housing market. Curate compelling home reports for Minneapolis, MN 55423 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 10,988

Total Commercial Properties 616

Avg. Home Age (Single Family Home) 73 Years

Avg. Square Feet (Single Family Home) 1,182

Total 2025 Residential Sales (year-to-date) 268

% of Homes Seriously Underwater (Q3 2025) 0.42%

Total 2024 Residential Sales 512

% of Equity Rich Homes (Q3 2025) 39.1%

Effective 2024 Property Tax 1.24%

Total Foreclosure Filings (year-to-date) 11

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Minneapolis, MN 55423 Real Estate Overview

There were 539 residential properties sold in the past year in Minneapolis, MN 55423. The median home value in Minneapolis, MN 55423 is $360,676. There are a total of 10,988 residential properties in the 55423.

Median Sales Price i

$370,000

(Jul 2025)

+3.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 $370,000
June '25 Jun '25 $387,000
May '25 May '25 $380,000
April '25 Apr '25 $389,500
March '25 Mar '25 $361,700
February '25 Feb '25 $385,000
January '25 Jan '25 $333,000
December '24 Dec '24 $350,000
November '24 Nov '24 $345,000
October '24 Oct '24 $372,750
September '24 Sep '24 $385,250
August '24 Aug '24 $353,500

Median Down Payment i

$41,000

(Jul 2025)

+12.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 $41,000
June '25 Jun '25 $55,000
May '25 May '25 $40,000
April '25 Apr '25 $57,075
March '25 Mar '25 $52,650
February '25 Feb '25 $74,750
January '25 Jan '25 $42,525
December '24 Dec '24 $29,250
November '24 Nov '24 $63,870
October '24 Oct '24 $49,000
September '24 Sep '24 $71,700
August '24 Aug '24 $45,000

Number of Homes Sold i

(Jul 2025)

+41.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 44
June '25 Jun '25 56
May '25 May '25 50
April '25 Apr '25 40
March '25 Mar '25 31
February '25 Feb '25 29
January '25 Jan '25 18
December '24 Dec '24 42
November '24 Nov '24 26
October '24 Oct '24 65
September '24 Sep '24 51
August '24 Aug '24 56

Number of Purchase Loans i

(Jul 2025)

+54.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 37
June '25 Jun '25 46
May '25 May '25 38
April '25 Apr '25 36
March '25 Mar '25 23
February '25 Feb '25 19
January '25 Jan '25 17
December '24 Dec '24 37
November '24 Nov '24 29
October '24 Oct '24 52
September '24 Sep '24 42
August '24 Aug '24 40

Number of REFI Loans i

(Jul 2025)

+63.6%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 18
June '25 Jun '25 11
May '25 May '25 15
April '25 Apr '25 19
March '25 Mar '25 10
February '25 Feb '25 18
January '25 Jan '25 21
December '24 Dec '24 13
November '24 Nov '24 14
October '24 Oct '24 22
September '24 Sep '24 21
August '24 Aug '24 20

Number of HELOC Loans i

(Jul 2025)

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 12
June '25 Jun '25 14
May '25 May '25 18
April '25 Apr '25 17
March '25 Mar '25 7
February '25 Feb '25 14
January '25 Jan '25 8
December '24 Dec '24 15
November '24 Nov '24 10
October '24 Oct '24 14
September '24 Sep '24 9
August '24 Aug '24 9

Minneapolis, MN 55423 Real Estate Market Overview

Last 30 days

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Minneapolis, MN 55423 Foreclosure Activity

There were a total of 3 Minneapolis, MN 55423 properties with a foreclosure filing in July 2025. Lenders started the foreclosure process on 3 Minneapolis, MN 55423 properties and repossessed 1 Minneapolis, MN 55423 properties through completed foreclosures (REOs) in July 2025.

Total Foreclosure Filings i

(Jul 2025)

+200%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years