Market Intelligence · MN / Minneapolis

Minneapolis, MN 55409 Housing Market

In Minneapolis 55409, the typical home value is $377,603, up 2.5% over the past year. The median list price is $299,400, and homes spend a median of 38 days on market.

Updated August 2026Median value$378K

The median home value in Minneapolis, MN 55409 is $378K as of August 2026, up 2.5% 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

$347K to $408K

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

+2.5% over 12 months

Typical home value in 55409 over the last 12 months: $368K in Aug 2025 to $378K in Aug 2026 (+2.5%).

Aug 2025$368K

Aug 2026$378K

The numbers

What is the 55409 housing market like?

Typical home value

$378K

Up2.5%YoY

Median list price

$299K

Down7.5%MoM

Days on market

38

Down15.6%MoM

Homes for sale

21

Up5.0%MoM

Price cuts

7.7%

Down55.2%MoM

New listings

20

Up100.0%MoM

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

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The comparison

How do 55409 home prices compare?

  • 55409$377,603
  • 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 21 homes for sale and 20 new listings in 55409, so buyers have a modest set of options rather than a flood. The median list price is $299,400, while the typical home value is $377,603, up 2.5% over the past year. A median of 38 days on market suggests sales are not instant, but homes priced correctly can still move. With 7.7% of listings taking a price cut, sellers should expect some buyers to negotiate when pricing looks ambitious. The clearest read is that condition and pricing discipline matter more than momentum.

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