Sell My House Fast in Minneapolis, MN with an iBuyer

Market Overview

Minneapolis, MN Home Value Estimates

Minneapolis is in southeastern Minnesota at the head of navigation on the Mississippi River near the Minnesota River. The city of St. Paul joins it on the east and forms the Twin Cities metropolitan area. Suburban communities nearby include Columbia Heights, Brooklyn Park, Plymouth, St. Louis Park, Richfield and Bloomington.

Minneapolis has a very cold winter from late November to early March with an average high temperature below 36 degrees and the average lows below 10 degrees. The summer season is from late May to early September with an average high temperature above 71 degrees and lows in the mid 60’s.

The population in Minneapolis was 425,403 in 2018 with an annual growth rate of 1.03% The cost of living is high due to the Minneapolis real estate market with higher housing costs. The job market has increased by 1.8% over last year. The 10-year job growth is predicted to be 36.7%. The largest employers in Minneapolis are Health Care & Social Assistance, Educational Services and Professional, Scientific & Technical Services. Major companies in Minneapolis include the corporate Target office, US Bank, Medtronic medical devices, Fairview Health Services and General Mills.

While it may have a cold climate, Minneapolis continues to grow in people and in jobs with major businesses headquartered there. The Twin Cities will continue to attract more people looking for jobs and a mid-west style of living.

Real estate market data in Minneapolis

Average Monthly Rent:

$1,475

Percentage Change in Home Price/Value:

3.50%

Median Home Value:

$267,100

Best Time To Sell Home:

April

Affordability Index:

184.1

Days To Sell House:

65.625

Job Market:

Fair

Public School Ranking:

6

Hottest Neighborhoods:

Linden Hills, Downtown East, Ericsson, North Loop, Northeast Minneapolis, Loring Park, Uptown, Whittier, Bryn Mawr, Midtown Phillips

Top iBuyers in Minneapolis

Zillow Offers

Zillow Offers

Zillow has a new home buying service program. This type of program is called iBuying. They will purchase your home sight unseen if it fits their criteria.

Opendoor

Opendoor

Opendoor is the pioneer in the space of iBuying. They are considered the first iBuyer to take the concept of purchasing a home using a data based algorithm to estimate value.

Minneapolis iBuyers

Register as a Minneapolis iBuyer

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Twin Cities Home Buyers logo

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