55403 Real Estate Market

55403 Market

The median sale price for homes in 55403 over the last 12 months is $177,000.


The median mortgage debt is $101,148.

Additional Statistics for Single Family Homes and Condos in Minneapolis, MN
$521,610
Median Listing Price
72
Median Days on Market
77
Active Listings
16.9%
Distressed Listings
(foreclosures and short sales)
55403 (Minneapolis, MN) Price Trends - Sold vs. Listed

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

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55403 (Minneapolis, MN) Market Inventory Trends

The number of active listings in Minneapolis increased by 28.6% from the previous month.

The median number of days active properties have been listed is 96.

The number of sales increased by 100% from the previous month.

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55403 (Minneapolis, MN) Property Ownership

The percent of owner occupied properties in Minneapolis is 43.42% below the national average.

The percent of rental properties in Minneapolis is 49.04% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.