Minneapolis, MN—55455
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Minneapolis, MN
Home Price Trends — Minneapolis, MN
Minneapolis, MN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Minneapolis, MN
Minneapolis, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Minneapolis, MN
Minneapolis, MN lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Minneapolis, MN
As of the latest ACS Survey released in 2023, Minneapolis, MN has a population of 5,240, which has increased by 373.2% over the past 5 years. Minneapolis, MN is a less popular place for families, as children make up 1.0% of the population. The area has a highly educated workforce, with 57.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,240 | 373.2% |
% Under 18 | 1.0% | 0.0% |
% Seniors | 0.0% | N/A |
% WFH | 16.0% | 10.3% |
% w/ College Degree | 57.1% | -13.1% |
As of the latest ACS Survey released in 2023, Minneapolis, MN is a predominantly white area, with 69.3% of the population identifying as white. The white population has grown by 10.7% in the last 5 years. The second most common race or ethnicity in Minneapolis, MN is asian, making up 14.5% of the population. Foreign-born residents account for 9.6% of the population in Minneapolis, MN, and this percentage has decreased by 45.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.3% | 10.7% |
% Black | 2.1% | 90.9% |
% Hispanic | 6.2% | 181.8% |
% Asian | 14.5% | -51.7% |
% Foreign Born | 9.6% | -45.8% |
Mortgage and Risk — Minneapolis, MN
Minneapolis, MN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Minneapolis, MN
Minneapolis, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | N/A | N/A | $1,240 |
| 2 Bedroom | N/A | N/A | $1,510 |
| 3 Bedroom | N/A | N/A | $2,000 |
| 4 Bedroom | N/A | N/A | $2,240 |
Affordability — Minneapolis, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |