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Minneapolis Real Estate

The median home value in Minneapolis, MN is $477,600. This is higher than the county median home value of $289,200. The national median home value is $219,700. The average price of homes sold in Minneapolis, MN is $477,600. Approximately 67.77% of Minneapolis homes are owned, compared to 26.01% rented, while 6.22% are vacant. Minneapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Minneapolis real estate agent to arrange a tour today!

Minneapolis, Minnesota 55424 has a population of 50,603. Minneapolis 55424 is more family-centric than the surrounding county with 40.83% of the households containing married families with children. The county average for households married with children is 33.56%.

The median household income in Minneapolis, Minnesota 55424 is $96,477. The median household income for the surrounding county is $71,154 compared to the national median of $57,652. The median age of people living in Minneapolis 55424 is 44.6 years.

Minneapolis Weather

The average high temperature in July is 83.3 degrees, with an average low temperature in January of 7.4 degrees. The average rainfall is approximately 31.5 inches per year, with 53.9 inches of snow per year.

Minneapolis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    50
    30-day change

Minneapolis Schools and Demographics

Education near Minneapolis, MN

Metric City County
High School Graduates 98.02 93.01
College Degree - 2 year 5.13 8.66
College Degree - 4 year 69.81 48.18
Graduate Degree 17.66 12.15
Expenditures per Student 13,385 14,860
Students per Teacher 16.9 16

Elementary Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Armatage Elementary School PK - 05 632 20 55410
Burroughs Elementary School KG - 05 789 21 55419
Concord Elementary School KG - 05 736 16.4 55424
Cornelia Elementary School KG - 05 584 15 55435
Countryside Elementary School KG - 05 600 15.9 55436
Creek Valley Elementary School KG - 05 588 15.5 55439
Highlands Elementary School KG - 05 566 16.7 55436
Lake Harriet Lower Elementary School KG - 03 542 21.2 55410
Normandale Elementary School KG - 05 638 20 55424
Windom School PK - 05 494 17.3 55419

Middle Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Anthony Middle School 06 - 08 633 16.6 55419
Field Elementary School 05 - 08 501 19.4 55419
Lake Harriet Upper School 04 - 08 640 22.3 55410
Ramsey Middle 06 - 08 625 20.4 55419
South View Middle School 06 - 09 1,309 15.8 55424
Valley View Middle School 06 - 09 1,392 17.5 55439

High Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Edina Senior High School 10 - 12 2,002 21.1 55439
Southwest Senior High School 09 - 12 1,725 20 55410
Washburn Senior High School 09 - 12 1,468 20.4 55419

Ungraded Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
* Options At Edina High School 10 - 12 3 3.8 55439
Early Childhood Special Ed PK - KG 101 22.4 55424
Mill City High School UG - UG 0 55419
Prairie Care Edina - PHP KG - 12 16 7.4 55435
Special Ed-Non Public KG - 12 1 55424

Demographics near Minneapolis, MN 55424

Metric Zip Code City
Neighborhood Type City Neighborhood
Population 50,603 1,224,763
Population Density 3,274 2,211
Median Age 44.6 36.3
People per Household 2.4 2.4
Median Household Income 96,477 71,154
Average Income per Capita 67,929 41,794