Real estate market overview
Overview & Ratings
Get to know Minneapolis
Get to know Minneapolis. Whether you're looking to purchase a home, putting yours up for sale or exploring rental options, get up-to-date information about the Minneapolis real estate market, all in one place. Analyze how the market is performing against historical data. Guaranteed Rate helps you explore Minneapolis without having to leave home.
The median home price in Minneapolis for the week end on November 20th 2020 was $222,600 compared to $941, the median rent. Unemployment sits at 6.0% as of November 20th 2020. The population of Minneapolis is 411,452. The median age of the locals is 32.1.
Data from 2012-2017 census for Minneapolis
In the past week, single family homes in Minneapolis sold on average for $329,400 and spent 70 days on the market. In Minneapolis, the inventory of 1,155 experienced a 14% relisting. The average price per square foot was $190.
In the past week, condo/townhomes in Minneapolis sold on average for $264,850 and spent 89 days on the market. In Minneapolis, the inventory of 846 experienced a 14% relisting. The average price per square foot was $236.
As previously noted, the population of Minneapolis is 411,452 and the median age is 32.1. Among Minneapolis residents, there is a homeowner vacancy rate of 1.6% and a rental vacancy rate of 3.1% from a total of 183,344 units.
Minneapolis has 292 schools. Each school is rated by key indicators like test scores, academic progress, college readiness, student-teacher ratio and more. These scores will help you compare the best schools in Minneapolis.
Data provided by GREAT SCHOOLS
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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Data Provided by Altos and Census Bureau
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