average cost of houses in North Minneapolis
The median home value in Minneapolis is $202,200. Minneapolis home values have gone up 3.1% over the past year and Zillow predicts they will rise 1.6% within the next year. The median rent price in Minneapolis is $1,495, which is higher than the Minneapolis-St Paul Metro median of $1,450.Read more.Foreclosures will be a factor impacting home values in the next several years. In Minneapolis 4.6 homes are foreclosed (per 10,000).This is greater than the Minneapolis-St Paul Metro value of 3.0 and also greater than the national value of 3.5. Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment.n Minneapolis 4.6 homes are foreclosed (per 10,000). This is greater than the Minneapolis-St Paul Metro value of 3.0 and also greater than the national value of 3.5. Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment.