The Northeast Minneapolis housing market is very competitive. Homes in Northeast Minneapolis receive 4 offers on average and sell in around 24 days. The median sale price of a home in Northeast Minneapolis was $343K last month, down 3.1% since last year. The median sale price per square foot in Northeast Minneapolis is $204, up 2.3% since last year.
What is the housing market like in Northeast Minneapolis today?
In October 2024, Northeast Minneapolis home prices were down 3.1% compared to last year, selling for a median price of $343K. On average, homes in Northeast Minneapolis sell after 24 days on the market compared to 14 days last year. There were 118 homes sold in October this year, down from 122 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$342,500
-3.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Northeast Minneapolis, MN
$342,500
-3.1%
United States
To compare other locations to the Northeast Minneapolis and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Minneapolis add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Northeast Minneapolis
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Northeast Minneapolis housing market?
Northeast Minneapolis is very competitive. Homes sell in 20 days.
0
100
81
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 20 days.
Hot homes
can sell for about 4% above list price and go pending in around 10 days.
Learn about schools in the Northeast Minneapolis area
Elementary
Middle
High
GreatSchools Rating
8/10
Waite Park Elementary School
Public • PreK-5
355
Students
12 reviews
3/10
Webster Elementary
Public • PreK-5
315
Students
N/A
2/10
Pillsbury Elementary School
Public • PreK-5
252
Students
4 reviews
1/10
Sheridan Elementary School
Public • PreK-5
263
Students
3 reviews
NR
Special Education
Public • PreK-12
-
Students
N/A
Only showing 5 of
10 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Northeast Minneapolis housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Northeast Minneapolis.
Flood Factor - Severe
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Northeast Minneapolis has a severe risk of flooding. 497 properties in Northeast Minneapolis are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Northeast Minneapolis. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Northeast Minneapolis has a moderate risk of wildfire. There are 3 properties in Northeast Minneapolis that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Northeast Minneapolis.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Northeast Minneapolis has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Northeast Minneapolis is most at risk from severe storms. 12,320 properties in Northeast Minneapolis have some risk of being in a severe wind event within the next 30 years.
99% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Northeast Minneapolis has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Northeast Minneapolis have a Minor Heat Factor®.
Northeast Minneapolis is expected to see a 85% increase in the number of days over 100ºF over the next 30 years. Northeast Minneapolis is expected to experience 6