Q1 2026 Minnesota Foreclosure Market Report
A deep dive into Minnesota's Q1 2026 sheriff sale activity. Filing trends, average sale-to-value ratios, top-performing counties, and what investors should watch in Q2.
Q1 2026 Minnesota Sheriff Sale Overview
Minnesota’s foreclosure landscape continued to shift in Q1 2026, with Hennepin County leading in volume and several suburban counties showing increasing activity.
Key Findings
- Total filings tracked: 285 across 18 counties
- Average sale-to-EMV ratio: 34.2%
- Properties flagged as high-potential: 67 (23.5% of total)
- Bank buybacks: 41% of all sales (filtered from investor reports)
County Highlights
Hennepin County
Hennepin remained the highest-volume county with 101 filings in February alone. The average sale-to-value ratio of 28.4% indicates strong buying opportunities, particularly in south Minneapolis and first-ring suburbs.
Ramsey County
Ramsey County saw 55 filings with several properties in the St. Paul East Side selling well below assessed value.
What to Watch in Q2
Rising interest rates and a slowing housing market suggest Q2 may see increased sheriff sale activity statewide. Investors positioned in high-volume counties like Hennepin and Ramsey may see increased filing activity.