55404 Real Estate Market

55404 Market

The median sale price for homes in 55404 over the last 12 months is $173,933.


The median mortgage debt is $72,058.

Additional Statistics for Single Family Homes and Condos in Minneapolis, MN
$135,590
Median Listing Price
43
Median Days on Market
63
Active Listings
42.9%
Distressed Listings
(foreclosures and short sales)
55404 (Minneapolis, MN) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Minneapolis is $125,000.

The price per square foot for listings in this area is $87.

The median sale price in January for single family homes is $61,000. The sale prices dropped by -66.43% from the previous month.

The price per square foot for sales in this area is $30.

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55404 (Minneapolis, MN) Market Inventory Trends

The number of active listings in Minneapolis increased by 30.8% from the previous month.

The median number of days active properties have been listed is 43. This is significantly shorter than the national average.

The number of sales in January dropped by 75% from the previous month.

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55404 (Minneapolis, MN) Property Ownership

The percent of owner occupied properties in Minneapolis is 53.05% below the national average.

The percent of rental properties in Minneapolis is 62.5% above the national average which is typical for urban areas.

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