Minneapolis, KS—67467
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Minneapolis, KS
As of Oct '25, the median home price in Minneapolis, KS is $156,000, with a year-over-year change of 4.1%. This indicates that home prices in Minneapolis, KS are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $156,000 | 4.1% |
| Single Family | $156,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $115,000 | 1.8% |
3 Bed | $173,000 | 4.2% |
4 Bed | $228,000 | 4.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Minneapolis, KS
Minneapolis, KS lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $600 | $1,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $600 | $600 |
| 2 Bed Rent | $2,000 | $2,000 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Minneapolis, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Minneapolis, KS is 41. This is a decrease of -41.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $154,000 | -14.0% |
Listing Count | 11 | -16.0% |
| Listings as % of Homes | 0.5% | -16.0% |
Days on Market | 41 | -41.0% |
Demographics — Minneapolis, KS
As of the latest ACS Survey released in 2023, Minneapolis, KS has a population of 2,700, which has increased by 8.0% over the past 5 years. Minneapolis, KS is a moderately popular place for families, as children make up 20.5% of the population. The area has a poorly educated workforce, with 23.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,700 | 8.0% |
% Under 18 | 20.5% | -10.5% |
% Seniors | 20.4% | 10.3% |
% WFH | 6.0% | -4.8% |
% w/ College Degree | 23.9% | -4.4% |
As of the latest ACS Survey released in 2023, Minneapolis, KS is a predominantly white area, with 95.7% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Minneapolis, KS is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.3% of the population in Minneapolis, KS, and this percentage has increased by 200.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.7% | 0.3% |
% Black | 0.2% | -71.4% |
% Hispanic | 1.2% | -52.0% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.3% | 200.0% |
Mortgage and Risk — Minneapolis, KS
According to HUD data as of 2023, there were 34 mortgage originations in Minneapolis, KS, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 95.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Minneapolis, KS. Investor activity is high, as 18.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 34 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 18.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Minneapolis, KS
Minneapolis, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 75 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $600 | $690 |
| 2 Bedroom | -$1,100 | $2,000 | $900 |
| 3 Bedroom | N/A | N/A | $1,080 |
| 4 Bedroom | N/A | N/A | $1,290 |
Affordability — Minneapolis, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $156,000 |
| Median Household Income | $65,700 |