Average House Price in Minneapolis – 31447

Average Down Payment in Minneapolis, Minnesota for My House Stats

Tap here for info on the average down payment in Minneapolis, Minnesota 👈🏿

The minimum down payment is the cash amount a buyer gives to qualify for a mortgage loan and buy a house. It's to offset the risk to the lender.

Loan typeMinimum down payment
Conventional loan3%-15% depending on lender and loan
Jumbo loan20% or more depending on lender
FHA loan3.5%
VA loanNone required
USDA loanNone required
Your Neighbourhood
Minneapolis
Minnesota
United States
9275247883126269400004000030000300002000020000100001000000Average Down Payment ($ USD)
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Your Neighbourhood
Minneapolis
Minnesota
United States
26500070825089320019951000000100000080000080000060000060000040000040000020000020000000Average House Price ($ USD)
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An Overview for My House Stats in Minneapolis, Minnesota

Tap here for an overview for My House Stats's home value estimate in Minneapolis, Minnesota 👈🏿

The home value estimate of My House Stats compared to the average house price in Minneapolis, Minnesota. Moreover, discover how their house compares to the national and the Minneapolis, Minnesota. real estate housing market. Discover how much your desired house can sell for in your real estate market.

A breakdown of how the house will be compared:

  • Price
  • Square Footage
  • Price per Square Foot
  • Number of Bedrooms
  • Number of Bathrooms
  • Days on Market
  • Property Type


Average Square Footage in Minneapolis, Minnesota for My House Stats

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The average size in square footage of a house in Minneapolis, Minnesota is shown below. Moreover, the national and Minnesota housing market's average square footage is also highlighted. In addition, the square footage for My House Stats is shown in comparison to the listed areas.

It is one of the key factors in determining how much a house sells for. Calculating for this figure is simple. Simply measure and multiply the length and width of each room to get their square footage. The combined square footage of all rooms will give you the property's total square footage.

Click here to discover cities with the most square footage.

You
Your Neighbourhood
Minneapolis
Minnesota
United States
24221617215527551500300030002500250020002000150015001000100050050000Size in Square Foot (ft²)
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Average Price per Square Foot in Minneapolis, Minnesota

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Price per square foot is shown below. This figure is calculated by dividing the closing sale price by the size of the property based on square feet.

Click here to discover the most affordable cities in terms of price per square foot.

Your Neighbourhood
Minneapolis
Minnesota
United States
163328324140040030030020020010010000Price per Square Foot ($ / ft²)
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Average Number of Bedrooms & Bathrooms in Minneapolis, Minnesota for My House Stats

Tap here for info on the average number of bedrooms & bathrooms in Minneapolis, Minnesota 👈🏿

The average number of bedrooms and bathrooms in a house in Minneapolis, Minnesota is shown below. Moreover, the national and Minnesota housing market's average number of bedrooms and bathrooms is also highlighted. The average size in square footage of a house in Minneapolis, Minnesota is shown below. Moreover, the national and Minnesota housing market's average square footage is also highlighted. In addition, the number of bedrooms and bathrooms for My House Stats is shown in comparison to the listed areas. This figure simply shows a typical number of bedrooms and bathrooms found in a property in your desired area.

You
Your Neighbourhood
Minneapolis
Minnesota
United States
42412.833.23.642BedroomsBedroomsBathroomsBathrooms4433221100Number of Bedrooms & Bathrooms
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Property Type Distribution in Minneapolis, Minnesota

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The property type distribution is shown below. This illustrates how common each property type is in Minneapolis, Minnesota.

100%11100100808060604040202000Property Type Percentage
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