Home ValuePros

Market Intelligence · MN / Minneapolis

Minneapolis, MN 55403 Housing Market

The typical home value in Minneapolis 55403 is $203,442, down 5.7% over the past year. The median list price sits at $235,000, and homes are taking a median of 54 days on market.

Updated June 2026Median value$203K

The median home value in Minneapolis, MN 55403 is $203K as of June 2026, down 5.7% 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

$187K to $220K

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

-5.7% over 12 months

Typical home value in 55403 over the last 12 months: $216K in Jun 2025 to $203K in Jun 2026 (-5.7%).

Jun 2025$216K

Jun 2026$203K

The numbers

What is the 55403 housing market like?

Typical home value

$203K

Down5.7%YoY

Median list price

$235K

Days on market

54

Up61.2%MoM

Homes for sale

94

Price cuts

23.5%

New listings

24

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 55403 home prices compare?

  • 55403$203,442
  • Minneapolis$350,913
  • Minnesota$305,984
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Minneapolis: 48 ZIPs; Minnesota: 719 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 94 homes for sale in the 55403 ZIP code, with 24 new listings added. The median list price is $235,000, while the typical home value stands at $203,442, down 5.7% over the past year. Homes are taking a median of 54 days to sell, and 23.5% of listings have had a price cut. For sellers, this is a slower market where realistic pricing matters, so plan for a longer timeline and be prepared to adjust.

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