Minneapolis Real Estate Market Statistics by Neighborhood

Are you thinking about buying or selling, but want to research some ACTUAL real life market statistics before taking the next step?  This page is dedicated to keeping you updated on current market trends and pricing information for the Minneapolis and St. Paul Real Estate Marketplace.

11.27.14: Minneapolis Trends

Market Snapshot

Total Properties Listed: 1951

Month-Over-Month Change: -15.98%

Average Days On Market: 77

Residential Median List Price: $207,950

Month-Over-Month Change: -1.42%

Land Median List Price: $92,450

Month-Over-Month Change: 23.27%

Typical Property

Single-Family Home: 2.89 Bedrooms
2.01 Baths
Avg List Price: $325,239
Avg Price per SqFt: $176.55/SqFt
Avg Price Reduction: -4.00%

Average Price by Bedrooms

1 Bedroom: $165,531
2 Bedrooms: $243,083
3 Bedrooms: $272,059
4 Bedrooms: $464,429
5 Bedrooms: $724,834
View Current Listings

11.27.14: St. Paul Trends

Average Price by Bedrooms

1 Bedroom: No Listings
2 Bedrooms: No Listings
3 Bedrooms: No Listings
4 Bedrooms: No Listings
5 Bedrooms: No Listings
View Current Listings

11.27.14: Calhoun / Isles Minneapolis Trends

Market Snapshot

Total Properties Listed: 225

Month-Over-Month Change: -10.36%

Average Days On Market: 102

Typical Property

Single-Family Home: 3.13 Bedrooms
2.85 Baths
Avg List Price: $688,106
Avg Price per SqFt: $232.40/SqFt
Avg Price Reduction: -3.00%

Average Price by Bedrooms

1 Bedroom: $181,632
2 Bedrooms: $345,319
3 Bedrooms: $593,218
4 Bedrooms: $932,769
5 Bedrooms: $1,292,373
View Current Listings

11.27.14: Central Minneapolis Trends

Market Snapshot

Total Properties Listed: 152

Month-Over-Month Change: -19.15%

Average Days On Market: 73

Typical Property

Single-Family Home: 1.69 Bedrooms
1.71 Baths
Avg List Price: $381,905
Avg Price per SqFt: $256.22/SqFt
Avg Price Reduction: -2.00%

Average Price by Bedrooms

1 Bedroom: $230,445
2 Bedrooms: $426,834
3 Bedrooms: $948,588
4 Bedrooms: No Listings
5 Bedrooms: No Listings
View Current Listings

11.27.14: Camden Minneapolis Trends

Market Snapshot

Total Properties Listed: 217

Month-Over-Month Change: -12.50%

Average Days On Market: 78

Typical Property

Single-Family Home: 2.99 Bedrooms
1.48 Baths
Avg List Price: $134,624
Avg Price per SqFt: $222.02/SqFt
Avg Price Reduction: -5.00%

Average Price by Bedrooms

1 Bedroom: $59,100
2 Bedrooms: $83,798
3 Bedrooms: $119,444
4 Bedrooms: $109,705
5 Bedrooms: $164,289
View Current Listings

11.27.14: Longfellow Minneapolis Trends

Market Snapshot

Total Properties Listed: 129

Month-Over-Month Change: -18.87%

Average Days On Market: 68

Typical Property

Single-Family Home: 2.72 Bedrooms
1.76 Baths
Avg List Price: $236,710
Avg Price per SqFt: $152.00/SqFt
Avg Price Reduction: -4.00%

Average Price by Bedrooms

1 Bedroom: $92,400
2 Bedrooms: $156,547
3 Bedrooms: $244,145
4 Bedrooms: $359,957
5 Bedrooms: $509,450
View Current Listings

11.27.14: Near North Minneapolis Trends

Market Snapshot

Total Properties Listed: 161

Month-Over-Month Change: -10.56%

Average Days On Market: 83

Typical Property

Single-Family Home: 3.23 Bedrooms
1.88 Baths
Avg List Price: $129,083
Avg Price per SqFt: $72.44/SqFt
Avg Price Reduction: -4.00%

Average Price by Bedrooms

1 Bedroom: $109,867
2 Bedrooms: $98,378
3 Bedrooms: $134,768
4 Bedrooms: $101,016
5 Bedrooms: $142,725
View Current Listings

11.27.14: Nokomis Minneapolis Trends

Market Snapshot

Total Properties Listed: 223

Month-Over-Month Change: -19.49%

Average Days On Market: 64

Typical Property

Single-Family Home: 3.06 Bedrooms
1.83 Baths
Avg List Price: $246,375
Avg Price per SqFt: $149.29/SqFt
Avg Price Reduction: -3.00%

Average Price by Bedrooms

1 Bedroom: $122,600
2 Bedrooms: $174,466
3 Bedrooms: $249,348
4 Bedrooms: $281,641
5 Bedrooms: $340,850
View Current Listings

11.27.14: Northeast Minneapolis Trends

Market Snapshot

Total Properties Listed: 168

Month-Over-Month Change: -18.45%

Average Days On Market: 75

Typical Property

Single-Family Home: 2.77 Bedrooms
1.69 Baths
Avg List Price: $200,562
Avg Price per SqFt: $124.95/SqFt
Avg Price Reduction: -4.00%

Average Price by Bedrooms

1 Bedroom: $97,425
2 Bedrooms: $154,959
3 Bedrooms: $199,152
4 Bedrooms: $222,981
5 Bedrooms: $159,950
View Current Listings

11.27.14: Phillips Minneapolis Trends

Market Snapshot

Total Properties Listed: 42

Month-Over-Month Change: -25.00%

Average Days On Market: 69

Typical Property

Single-Family Home: 3.04 Bedrooms
1.76 Baths
Avg List Price: $175,217
Avg Price per SqFt: $92.07/SqFt
Avg Price Reduction: -4.00%

Average Price by Bedrooms

1 Bedroom: $114,420
2 Bedrooms: $108,440
3 Bedrooms: $135,685
4 Bedrooms: $129,725
5 Bedrooms: $169,900
View Current Listings

11.27.14: Powderhorn Minneapolis Trends

Market Snapshot

Total Properties Listed: 204

Month-Over-Month Change: -17.41%

Average Days On Market: 69

Typical Property

Single-Family Home: 2.63 Bedrooms
1.57 Baths
Avg List Price: $207,676
Avg Price per SqFt: $122.18/SqFt
Avg Price Reduction: -4.00%

Average Price by Bedrooms

1 Bedroom: $92,368
2 Bedrooms: $143,540
3 Bedrooms: $201,266
4 Bedrooms: $212,439
5 Bedrooms: $288,450
View Current Listings

11.27.14: Southwest Minneapolis Trends

Market Snapshot

Total Properties Listed: 309

Month-Over-Month Change: -18.04%

Average Days On Market: 77

Typical Property

Single-Family Home: 3.44 Bedrooms
2.66 Baths
Avg List Price: $527,392
Avg Price per SqFt: $210.61/SqFt
Avg Price Reduction: -3.00%

Average Price by Bedrooms

1 Bedroom: $120,375
2 Bedrooms: $332,451
3 Bedrooms: $368,924
4 Bedrooms: $681,843
5 Bedrooms: $942,900
View Current Listings

11.27.14: University Minneapolis Trends

Market Snapshot

Total Properties Listed: 168

Month-Over-Month Change: -10.64%

Average Days On Market: 80

Typical Property

Single-Family Home: 2.73 Bedrooms
1.83 Baths
Avg List Price: $293,072
Avg Price per SqFt: $166.83/SqFt
Avg Price Reduction: -3.00%

Average Price by Bedrooms

1 Bedroom: $170,295
2 Bedrooms: $238,304
3 Bedrooms: $416,233
4 Bedrooms: $286,562
5 Bedrooms: $309,920
View Current Listings
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From Our Blog
Tuesday, November 18, 2014

Minnesota Ranks in the Top Ten for Business in the Country

According to Forbes magazine's 2014 top ten list for 'Best and Worst States for Business', Minnesota ranks in the top ten coming in at #9. Last year, the state also cracked the top ten clocking in at #8. The magazine ranked the states based on ...  Read More

Tuesday, November 04, 2014

Mall of America Getting 'Super' for 2018

With the 2018 Super Bowl calling the Twin Cities home, it comes as little surprise that the state is looking to make itself as attractive as possible to a world audience. With the Vikings getting a new stadium and the addition of more light rail, ...  Read More

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