How much is a home in 55412 worth?

The typical home value in 55412 is $234,261, up 1.4% over the past year. The median list price is $240,900.

How fast are homes selling in 55412?

Homes in 55412 are spending a median of 47 days on the market. There are 87 homes currently for sale.

Are sellers cutting prices in 55412?

Yes, 25.4% of listings in 55412 have had a price cut. There were 44 new listings in the same period.

Market Intelligence · MN / Minneapolis

Minneapolis, MN 55412 Housing Market

The typical home value in Minneapolis, MN 55412 is $234,261, up 1.4% over the past year. The median list price is $240,900, and homes are spending a median of 47 days on the market.

Updated August 2026Median value$234K

The median home value in Minneapolis, MN 55412 is $234K as of August 2026, up 1.4% 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 55412 range

$216K to $253K

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

+1.4% over 12 months

Aug 2025$231K

Low $231KHigh $237K

Aug 2026$234K

The numbers

What is the 55412 housing market like?

As of August 2026

Typical home value

$234K

1.4%YoY

Median list price

$241K

1.4%MoM

Days on market

34.3%MoM

Homes for sale

2.4%MoM

Price cuts

25.4%

25.2%MoM

New listings

4.8%MoM

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

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The comparison

How do 55412 home prices compare?

55412$234,261
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 87 homes for sale in 55412 as of 2026-08-01, with 44 new listings hitting the market in that same period. The typical home value is $234,261, up 1.4% over the past year, while the median list price sits at $240,900. Homes are taking a median of 47 days to sell, and 25.4% of listings have had a price cut. That share of reductions suggests sellers are having to adjust expectations to meet buyers. If you are thinking about selling, realistic pricing from the start will matter more than testing the top of the market.

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