Market Intelligence · MN / Minneapolis

Minneapolis, MN 55404 Housing Market

In Minneapolis, MN 55404, the typical home value is $235,790, up 0.3% over the past year. The median list price is $199,900, and homes have a median of 70 days on market. That points to steady values and a measured pace for sales.

Updated August 2026Median value$236K

The median home value in Minneapolis, MN 55404 is $236K as of August 2026, up 0.3% 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 55404 range

$217K to $255K

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

+0.3% over 12 months

Typical home value in 55404 over the last 12 months: $235K in Aug 2025 to $236K in Aug 2026 (+0.3%).

Aug 2025$235K

Aug 2026$236K

The numbers

What is the 55404 housing market like?

Typical home value

$236K

Up0.3%YoY

Median list price

$200K

Down2.5%MoM

Days on market

70

Up16.7%MoM

Homes for sale

58

Flat0.0%MoM

Price cuts

19.5%

Up21.2%MoM

New listings

12

Down25.0%MoM

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

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The comparison

How do 55404 home prices compare?

  • 55404$235,790
  • 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 58 homes for sale in 55404, with 12 new listings added as of 2026-08-01. The median list price is $199,900, while the typical home value is $235,790, up 0.3% over the past year. A median of 70 days on market suggests buyers have time to compare options. With 19.5% of listings carrying a price cut, some sellers are adjusting after the first ask. The market looks balanced but not urgent, so pricing and condition matter more than speed.

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