Market Intelligence · MN / Minneapolis

Minneapolis, MN 55409 Housing Market

The typical home value in Minneapolis 55409 is $382,421, up 2.4% over the past year. The median list price sits at $387,450, and homes are spending a median of 35 days on market as of June 2026.

Updated June 2026Median value$382K

The median home value in Minneapolis, MN 55409 is $382K as of June 2026, up 2.4% 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 55409 range

$352K to $413K

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

+2.4% over 12 months

Typical home value in 55409 over the last 12 months: $374K in Jun 2025 to $382K in Jun 2026 (+2.4%).

Jun 2025$374K

Jun 2026$382K

The numbers

What is the 55409 housing market like?

Typical home value

$382K

Up2.4%YoY

Median list price

$387K

Days on market

35

Up100.0%MoM

Homes for sale

23

Price cuts

11.9%

New listings

16

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

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The comparison

How do 55409 home prices compare?

  • 55409$382,421
  • 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 23 homes for sale in the 55409 ZIP code, with 16 new listings recently added. The median list price is $387,450, while the typical home value is $382,421, up 2.4% over the past year. Homes take a median of 35 days on market, and 11.9% of listings have had a price cut. Sellers should price carefully and expect buyers to take their time.

Monthly payment

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20% · $76,484

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