Market Intelligence · MN / Minneapolis

Minneapolis, MN 55412 Housing Market

The typical home value in Minneapolis 55412 is $232,290, up 1.3% over the past year. The median list price sits at $241,250, and homes are typically on the market for 48 days.

Updated September 2026Median value$232K

The median home value in Minneapolis, MN 55412 is $232K as of September 2026, up 1.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 55412 range

$214K to $251K

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

+1.3% over 12 months

Sep 2025$229K

Low $229KHigh $235K

Sep 2026$232K

The numbers

What is the 55412 housing market like?

As of September 2026

Typical home value

$232K

1.3%YoY

Median list price

$241K

0.1%MoM

Days on market

2.1%MoM

Homes for sale

5.7%MoM

Price cuts

25.7%

1.3%MoM

New listings

13.6%MoM

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

The outlook

55412 housing market forecast 2027

+1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 55412 to rise 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 55412 rose 1.3%, per the Zillow Home Value Index.

Will home prices drop in 55412?

Zillow's forecast does not call for a drop: it expects typical home values in 55412 to rise 1.5% by September 2027, after a 1.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 55412 home prices compare?

55412$232,290
Minneapolis$342,662
Minnesota$298,219
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Minneapolis: 48 ZIPs; Minnesota: 716 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 92 homes for sale in 55412, with 38 new listings added recently. The median days on market of 48 suggests a reasonably active sales cycle. However, 25.7% of listings have seen a price cut, which signals some pricing pressure despite the year-over-year appreciation. Sellers should expect modest demand and be prepared to price competitively.

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Down payment20% · $46,458

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Common questions

What people ask us.

What is the typical home value in 55412?

The typical home value is $232,290, which has increased 1.3% over the past year.

How long do homes typically stay on the market in 55412?

The median days on market is 48 days as of September 2026.

What share of homes have had price cuts in 55412?

As of September 2026, 25.7% of listings have experienced a price cut.

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Nearby ZIP markets.

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