How much is a home in 55403 worth?

The typical home value in 55403 is $187,851, down 7.4% over the past year.

How long does it take to sell a home in 55403?

Homes in 55403 spend a median of 68 days on market.

Are sellers cutting prices in 55403?

Yes, 19.4% of listings in 55403 have taken a price cut, with a median list price of $237,500.

Market Intelligence · MN / Minneapolis

Minneapolis, MN 55403 Housing Market

The typical home value in Minneapolis, MN 55403 is $187,851, down 7.4% over the past year. The median list price is $237,500, and homes spend a median of 68 days on market.

Updated August 2026Median value$188K

The median home value in Minneapolis, MN 55403 is $188K as of August 2026, down 7.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 55403 range

$173K to $203K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-7.4% over 12 months

Aug 2025$203K

Low $188KHigh $203K

Aug 2026$188K

The numbers

What is the 55403 housing market like?

As of August 2026

Typical home value

$188K

7.4%YoY

Median list price

$238K

5.6%MoM

Days on market

4.6%MoM

Homes for sale

2.1%MoM

Price cuts

19.4%

12.8%MoM

New listings

20.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 55403 home prices compare?

55403$187,851
Minneapolis$344,241
Minnesota$300,428
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Minneapolis: 48 ZIPs; Minnesota: 716 ZIPs; United States: 26,265 ZIPs).

Context

There are 95 homes for sale in the 55403 ZIP, with 24 new listings coming to market recently. The typical home value is $187,851, down 7.4% over the past year, while the median list price stands at $237,500. Homes are taking a median of 68 days to sell, and 19.4% of listings have taken a price cut. The gap between asking prices and typical values suggests sellers are adjusting to weaker conditions. For a seller here, realistic pricing matters more than it did a year ago.

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