Market Intelligence · MN / Minneapolis

Minneapolis, MN 55405 Housing Market

The typical home in Minneapolis 55405 is valued at $478,796, up 3.0% over the past year. The median list price is $762,500, and homes are taking a median of 44 days on market.

Updated June 2026Median value$479K

The median home value in Minneapolis, MN 55405 is $479K as of June 2026, up 3.0% 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 55405 range

$440K to $517K

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

+3.0% over 12 months

Typical home value in 55405 over the last 12 months: $465K in Jun 2025 to $479K in Jun 2026 (+3.0%).

Jun 2025$465K

Jun 2026$479K

The numbers

What is the 55405 housing market like?

Typical home value

$479K

Up3.0%YoY

Median list price

$763K

Days on market

44

Up109.5%MoM

Homes for sale

45

Price cuts

19.5%

New listings

22

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

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The comparison

How do 55405 home prices compare?

  • 55405$478,796
  • 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

In 55405, there are 45 homes for sale as of June 2026, with 22 new listings added. The median list price sits at $762,500, while the typical home value is $478,796, up 3.0% over the past year. Homes take a median of 44 days to sell, and 19.5% of listings have had a price cut. For sellers, this is a market where realistic pricing matters, since buyers have time to compare options.

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