The Northeast Minneapolis housing market is very competitive. The median sale price of a home in Northeast Minneapolis was $327K last month, up 8.2% since last year. The median sale price per square foot in Northeast Minneapolis is $212, down 2.1% since last year.
What is the housing market like in Northeast Minneapolis today?
In February 2024, Northeast Minneapolis home prices were up 8.2% compared to last year, selling for a median price of $327K. On average, homes in Northeast Minneapolis sell after 28 days on the market compared to 40 days last year. There were 74 homes sold in February this year, down from 98 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$327,450
+8.2% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Northeast Minneapolis, MN
$327,450
+8.2%
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.
How hot is the Northeast Minneapolis housing market?
Northeast Minneapolis is very competitive. Homes sell in 15.5 days.
0
100
80
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 16 days.
Hot homes
can sell for about 5% above list price and go pending in around 7 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
5/10
Waite Park Elementary School
Public • PreK-5
409
Students
10 reviews
4/10
Sheridan Elementary School
Public • PreK-5 • Choice school
276
Students
3 reviews
2/10
Webster Elementary
Public • PreK-5
297
Students
N/A
1/10
Mps Metro Ha
Public • K-12
34
Students
N/A
1/10
Pillsbury Elementary School
Public • PreK-5
322
Students
4 reviews
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.
Risk Factor
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. 522 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 minor risk of wildfire. There are 19 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.
Northeast Minneapolis has minimal risk of severe winds over the next 30 years
Wind Factor
Northeast Minneapolis has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
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