Minneapolis, MN 55431 Real Estate & Property Data

Minneapolis, MN 55431 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 292 residential properties have been sold over the past 12 months in 55431. With a median sales price of $348,056 in 55431. Discover market trends and get the granular level real estate data for Minneapolis, MN 55431 to keep your pulse on the housing market. Curate compelling home reports for Minneapolis, MN 55431 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Minneapolis, MN 55431 Real Estate Market Trends
Total Residential Properties 6,349
Total Commercial Properties 377
Avg. Home Age (Single Family Home) 65 Years
Avg. Square Feet (Single Family Home) 1,348
Total 2025 Residential Sales (year-to-date) 34
% of Homes Seriously Underwater (Q2 2025) 0.44%
Total 2024 Residential Sales 280
% of Equity Rich Homes (Q2 2025) 38.91%
Effective 2024 Property Tax 1.16%
Total Foreclosure Filings (year-to-date) N/A
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Minneapolis, MN 55431 Real Estate Overview

There were 292 residential properties sold in the past year in Minneapolis, MN 55431. The median home value in Minneapolis, MN 55431 is $373,193. There are a total of 6,349 residential properties in the 55431.

Median Sales Price i
$348,056
(Feb 2025)
-25.1%
year-over-year
y-o-y
  • February '25 Feb '25 $348,056
  • January '25 Jan '25 $385,000
  • December '24 Dec '24 $416,500
  • November '24 Nov '24 $400,000
  • October '24 Oct '24 $385,500
  • September '24 Sep '24 $400,000
  • August '24 Aug '24 $396,500
  • July '24 Jul '24 $400,000
  • June '24 Jun '24 $386,000
  • May '24 May '24 $380,000
  • April '24 Apr '24 $355,000
  • March '24 Mar '24 $385,000
Median Down Payment i
$30,000
(Feb 2025)
-23.1%
year-over-year
y-o-y
  • February '25 Feb '25 $30,000
  • January '25 Jan '25 $28,392
  • December '24 Dec '24 $38,800
  • November '24 Nov '24 $38,539
  • October '24 Oct '24 $52,250
  • September '24 Sep '24 $44,162
  • August '24 Aug '24 $41,135
  • July '24 Jul '24 $56,025
  • June '24 Jun '24 $72,500
  • May '24 May '24 $44,375
  • April '24 Apr '24 $60,000
  • March '24 Mar '24 $67,500
Number of Homes Sold i
11
(Feb 2025)
-21.4%
year-over-year
y-o-y
  • February '25 Feb '25 11
  • January '25 Jan '25 23
  • December '24 Dec '24 26
  • November '24 Nov '24 25
  • October '24 Oct '24 27
  • September '24 Sep '24 22
  • August '24 Aug '24 21
  • July '24 Jul '24 25
  • June '24 Jun '24 21
  • May '24 May '24 29
  • April '24 Apr '24 29
  • March '24 Mar '24 19
Number of Purchase Loans i
9
(Feb 2025)
+50%
year-over-year
y-o-y
  • February '25 Feb '25 9
  • January '25 Jan '25 16
  • December '24 Dec '24 24
  • November '24 Nov '24 21
  • October '24 Oct '24 16
  • September '24 Sep '24 16
  • August '24 Aug '24 17
  • July '24 Jul '24 25
  • June '24 Jun '24 16
  • May '24 May '24 23
  • April '24 Apr '24 21
  • March '24 Mar '24 11
Number of REFI Loans i
8
(Feb 2025)
+300%
year-over-year
y-o-y
  • February '25 Feb '25 8
  • January '25 Jan '25 15
  • December '24 Dec '24 11
  • November '24 Nov '24 17
  • October '24 Oct '24 12
  • September '24 Sep '24 7
  • August '24 Aug '24 6
  • July '24 Jul '24 9
  • June '24 Jun '24 1
  • May '24 May '24 10
  • April '24 Apr '24 9
  • March '24 Mar '24 11
Number of HELOC Loans i
5
(Feb 2025)
+25%
year-over-year
y-o-y
  • February '25 Feb '25 5
  • January '25 Jan '25 9
  • December '24 Dec '24 8
  • November '24 Nov '24 5
  • October '24 Oct '24 6
  • September '24 Sep '24 6
  • August '24 Aug '24 5
  • July '24 Jul '24 9
  • June '24 Jun '24 7
  • May '24 May '24 17
  • April '24 Apr '24 12
  • March '24 Mar '24 10

Minneapolis, MN 55431 Foreclosure Activity

Total Foreclosure Filings i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
  • July '24 Jul '24 3
  • June '24 Jun '24 1
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 1
Foreclosure Starts i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
  • July '24 Jul '24 3
  • June '24 Jun '24 1
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 1
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 N/A
  • March '24 Mar '24 N/A
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