Market Intelligence · MN / Minneapolis

Minneapolis, MN 55417 Housing Market

The typical home value in Minneapolis 55417 is $373,819, up 1.4% over the past year. Homes are listing around $347,900, and the median time on market is 31 days.

Updated September 2026Median value$374K

The median home value in Minneapolis, MN 55417 is $374K as of September 2026, up 1.4% 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 55417 range

$344K to $404K

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

Sep 2025$369K

Low $369KHigh $376K

Sep 2026$374K

The numbers

What is the 55417 housing market like?

As of September 2026

Typical home value

$374K

1.4%YoY

Median list price

$348K

3.4%MoM

Days on market

24.0%MoM

Homes for sale

20.5%MoM

Price cuts

29.7%

21.2%MoM

New listings

25.0%MoM

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

The outlook

55417 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 55417 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 55417 rose 1.4%, per the Zillow Home Value Index.

Will home prices drop in 55417?

Zillow's forecast does not call for a drop: it expects typical home values in 55417 to rise 1.4% by September 2027, after a 1.4% 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 55417 home prices compare?

55417$373,819
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

There are 47 homes for sale as of September 2026, with 24 new listings entering the market. The median list price stands at $347,900, and homes typically spend 31 days on market before selling. About 29.7% of listings have seen a price cut. For sellers, this suggests a market where some caution is warranted. While values have grown modestly, the prevalence of price reductions indicates that pricing strategy matters.

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Down payment20% · $74,764

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Common questions

What people ask us.

What is a typical home worth in Minneapolis 55417?

The typical home value is $373,819, up 1.4% over the past year as of September 2026.

How many homes are for sale in 55417?

There are 47 homes for sale as of September 2026, with 24 new listings during that period.

How long do homes typically take to sell in this ZIP?

The median days on market is 31 as of September 2026.

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