Minneapolis, MN 55428 Real Estate & Property Data

Minneapolis, MN 55428 Real Estate Market Trends
Last Updated: August 30, 2025

A total of 478 residential properties have been sold over the past 12 months in 55428. With a median sales price of $330,000 in 55428 and a total of 5 foreclosures in Minneapolis, MN 55428. Discover market trends and get the granular level real estate data for Minneapolis, MN 55428 to keep your pulse on the housing market. Curate compelling home reports for Minneapolis, MN 55428 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Minneapolis, MN 55428 Real Estate Market Trends
Total Residential Properties 8,170
Total Commercial Properties 318
Avg. Home Age (Single Family Home) 62 Years
Avg. Square Feet (Single Family Home) 1,168
Total 2025 Residential Sales (year-to-date) 222
% of Homes Seriously Underwater (Q3 2025) 0.82%
Total 2024 Residential Sales 409
% of Equity Rich Homes (Q3 2025) 36.27%
Effective 2024 Property Tax 1.26%
Total Foreclosure Filings (year-to-date) 16
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Minneapolis, MN 55428 Real Estate Overview

There were 478 residential properties sold in the past year in Minneapolis, MN 55428. The median home value in Minneapolis, MN 55428 is $328,619. There are a total of 8,170 residential properties in the 55428.

Median Sales Price i
$330,000
(Jun 2025)
-3.1%
year-over-year
y-o-y
  • June '25 Jun '25 $330,000
  • May '25 May '25 $335,000
  • April '25 Apr '25 $341,000
  • March '25 Mar '25 $305,000
  • February '25 Feb '25 $312,500
  • January '25 Jan '25 $339,000
  • December '24 Dec '24 $320,000
  • November '24 Nov '24 $309,000
  • October '24 Oct '24 $308,750
  • September '24 Sep '24 $324,500
  • August '24 Aug '24 $320,000
  • July '24 Jul '24 $320,000
Median Down Payment i
$17,000
(Jun 2025)
-59%
year-over-year
y-o-y
  • June '25 Jun '25 $17,000
  • May '25 May '25 $24,350
  • April '25 Apr '25 $35,850
  • March '25 Mar '25 $18,500
  • February '25 Feb '25 $15,250
  • January '25 Jan '25 $26,615
  • December '24 Dec '24 $29,245
  • November '24 Nov '24 $24,735
  • October '24 Oct '24 $30,500
  • September '24 Sep '24 $16,925
  • August '24 Aug '24 $16,372
  • July '24 Jul '24 $39,250
Number of Homes Sold i
48
(Jun 2025)
+17.1%
year-over-year
y-o-y
  • June '25 Jun '25 48
  • May '25 May '25 41
  • April '25 Apr '25 32
  • March '25 Mar '25 40
  • February '25 Feb '25 21
  • January '25 Jan '25 40
  • December '24 Dec '24 35
  • November '24 Nov '24 33
  • October '24 Oct '24 33
  • September '24 Sep '24 44
  • August '24 Aug '24 24
  • July '24 Jul '24 46
Number of Purchase Loans i
40
(Jun 2025)
+48.1%
year-over-year
y-o-y
  • June '25 Jun '25 40
  • May '25 May '25 33
  • April '25 Apr '25 27
  • March '25 Mar '25 33
  • February '25 Feb '25 17
  • January '25 Jan '25 29
  • December '24 Dec '24 28
  • November '24 Nov '24 32
  • October '24 Oct '24 26
  • September '24 Sep '24 36
  • August '24 Aug '24 22
  • July '24 Jul '24 40
Number of REFI Loans i
14
(Jun 2025)
-22.2%
year-over-year
y-o-y
  • June '25 Jun '25 14
  • May '25 May '25 29
  • April '25 Apr '25 27
  • March '25 Mar '25 16
  • February '25 Feb '25 18
  • January '25 Jan '25 13
  • December '24 Dec '24 20
  • November '24 Nov '24 16
  • October '24 Oct '24 23
  • September '24 Sep '24 14
  • August '24 Aug '24 21
  • July '24 Jul '24 21
Number of HELOC Loans i
4
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 4
  • May '25 May '25 14
  • April '25 Apr '25 8
  • March '25 Mar '25 5
  • February '25 Feb '25 4
  • January '25 Jan '25 8
  • December '24 Dec '24 8
  • November '24 Nov '24 6
  • October '24 Oct '24 12
  • September '24 Sep '24 7
  • August '24 Aug '24 7
  • July '24 Jul '24 8

Minneapolis, MN 55428 Foreclosure Activity

There were a total of 5 Minneapolis, MN 55428 properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 5 Minneapolis, MN 55428 properties and repossessed 1 Minneapolis, MN 55428 properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i
5
(Jun 2025)
+66.7%
year-over-year
y-o-y
  • June '25 Jun '25 5
  • May '25 May '25 2
  • April '25 Apr '25 3
  • March '25 Mar '25 2
  • February '25 Feb '25 3
  • January '25 Jan '25 1
  • December '24 Dec '24 3
  • November '24 Nov '24 6
  • October '24 Oct '24 N/A
  • September '24 Sep '24 4
  • August '24 Aug '24 2
  • July '24 Jul '24 2
Foreclosure Starts i
5
(Jun 2025)
+66.7%
year-over-year
y-o-y
  • June '25 Jun '25 5
  • May '25 May '25 2
  • April '25 Apr '25 3
  • March '25 Mar '25 2
  • February '25 Feb '25 3
  • January '25 Jan '25 1
  • December '24 Dec '24 3
  • November '24 Nov '24 6
  • October '24 Oct '24 N/A
  • September '24 Sep '24 4
  • August '24 Aug '24 2
  • July '24 Jul '24 2
Completed Foreclosures (REOs) i
1
(Jun 2025)
  • June '25 Jun '25 1
  • May '25 May '25 1
  • April '25 Apr '25 N/A
  • March '25 Mar '25 1
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 2
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
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