Minneapolis, MN 55406 Real Estate & Property Data

Minneapolis, MN 55406 Real Estate Market Trends
Last Updated: September 06, 2025

A total of 610 residential properties have been sold over the past 12 months in 55406. With a median sales price of $375,000 in 55406 and a total of 2 foreclosures in Minneapolis, MN 55406. Discover market trends and get the granular level real estate data for Minneapolis, MN 55406 to keep your pulse on the housing market. Curate compelling home reports for Minneapolis, MN 55406 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Minneapolis, MN 55406 Real Estate Market Trends
Total Residential Properties 11,978
Total Commercial Properties 675
Avg. Home Age (Single Family Home) 98 Years
Avg. Square Feet (Single Family Home) 1,227
Total 2025 Residential Sales (year-to-date) 259
% of Homes Seriously Underwater (Q3 2025) 0.63%
Total 2024 Residential Sales 546
% of Equity Rich Homes (Q3 2025) 42.88%
Effective 2024 Property Tax 1.29%
Total Foreclosure Filings (year-to-date) 14
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Minneapolis, MN 55406 Real Estate Overview

There were 610 residential properties sold in the past year in Minneapolis, MN 55406. The median home value in Minneapolis, MN 55406 is $354,550. There are a total of 11,978 residential properties in the 55406.

Median Sales Price i
$375,000
(Jun 2025)
+5.6%
year-over-year
y-o-y
  • June '25 Jun '25 $375,000
  • May '25 May '25 $364,250
  • April '25 Apr '25 $373,500
  • March '25 Mar '25 $357,250
  • February '25 Feb '25 $311,200
  • January '25 Jan '25 $319,500
  • December '24 Dec '24 $329,500
  • November '24 Nov '24 $348,000
  • October '24 Oct '24 $322,100
  • September '24 Sep '24 $335,000
  • August '24 Aug '24 $335,000
  • July '24 Jul '24 $372,010
Median Down Payment i
$57,025
(Jun 2025)
+21.3%
year-over-year
y-o-y
  • June '25 Jun '25 $57,025
  • May '25 May '25 $50,000
  • April '25 Apr '25 $76,000
  • March '25 Mar '25 $53,775
  • February '25 Feb '25 $55,440
  • January '25 Jan '25 $53,500
  • December '24 Dec '24 $30,700
  • November '24 Nov '24 $65,000
  • October '24 Oct '24 $54,000
  • September '24 Sep '24 $60,000
  • August '24 Aug '24 $68,000
  • July '24 Jul '24 $57,562
Number of Homes Sold i
38
(Jun 2025)
-17.4%
year-over-year
y-o-y
  • June '25 Jun '25 38
  • May '25 May '25 52
  • April '25 Apr '25 56
  • March '25 Mar '25 46
  • February '25 Feb '25 38
  • January '25 Jan '25 29
  • December '24 Dec '24 43
  • November '24 Nov '24 38
  • October '24 Oct '24 58
  • September '24 Sep '24 45
  • August '24 Aug '24 58
  • July '24 Jul '24 63
Number of Purchase Loans i
28
(Jun 2025)
-24.3%
year-over-year
y-o-y
  • June '25 Jun '25 28
  • May '25 May '25 39
  • April '25 Apr '25 48
  • March '25 Mar '25 37
  • February '25 Feb '25 25
  • January '25 Jan '25 17
  • December '24 Dec '24 29
  • November '24 Nov '24 28
  • October '24 Oct '24 42
  • September '24 Sep '24 39
  • August '24 Aug '24 42
  • July '24 Jul '24 47
Number of REFI Loans i
8
(Jun 2025)
-46.7%
year-over-year
y-o-y
  • June '25 Jun '25 8
  • May '25 May '25 22
  • April '25 Apr '25 12
  • March '25 Mar '25 18
  • February '25 Feb '25 15
  • January '25 Jan '25 8
  • December '24 Dec '24 12
  • November '24 Nov '24 13
  • October '24 Oct '24 28
  • September '24 Sep '24 18
  • August '24 Aug '24 19
  • July '24 Jul '24 15
Number of HELOC Loans i
20
(Jun 2025)
+81.8%
year-over-year
y-o-y
  • June '25 Jun '25 20
  • May '25 May '25 12
  • April '25 Apr '25 11
  • March '25 Mar '25 9
  • February '25 Feb '25 9
  • January '25 Jan '25 8
  • December '24 Dec '24 14
  • November '24 Nov '24 8
  • October '24 Oct '24 16
  • September '24 Sep '24 11
  • August '24 Aug '24 13
  • July '24 Jul '24 14

Minneapolis, MN 55406 Foreclosure Activity

There were a total of 2 Minneapolis, MN 55406 properties with a foreclosure filing in June 2025.

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