How much is a home in 55420 worth?

The typical home value in Minneapolis 55420 is $334,716, up 1.8% over the past year.

How fast are homes selling in 55420?

Homes are spending a median of 27 days on the market. There are currently 35 homes for sale, with 20 new listings added.

Are sellers in 55420 cutting prices?

About 18.2% of listings have a price cut. The median list price is $342,450.

Market Intelligence · MN / Minneapolis

Minneapolis, MN 55420 Housing Market

The typical home in Minneapolis 55420 is worth $334,716, up 1.8% over the past year. Sellers are listing at a median price of $342,450, and homes are spending a median of 27 days on the market. That suggests steady conditions for owners weighing a sale.

Updated August 2026Median value$335K

The median home value in Minneapolis, MN 55420 is $335K as of August 2026, up 1.8% 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 55420 range

$308K to $361K

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

+1.8% over 12 months

Aug 2025$329K

Low $329KHigh $337K

Aug 2026$335K

The numbers

What is the 55420 housing market like?

As of August 2026

Typical home value

$335K

1.8%YoY

Median list price

$342K

0.3%MoM

Days on market

10.0%MoM

Homes for sale

20.7%MoM

Price cuts

18.2%

165.4%MoM

New listings

33.3%MoM

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

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The comparison

How do 55420 home prices compare?

55420$334,716
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

The typical home value in 55420 sits at $334,716, up 1.8% over the past year, so appreciation is positive but modest. There are 35 homes for sale right now, with 20 new listings entering the market. The median list price of $342,450 runs above the typical value, which is normal since listings skew toward the upper end of the local stock. Homes are moving in a median of 27 days, and 18.2% of listings have taken a price cut. For a seller, this is a workable market where correct pricing from day one matters more than waiting for a hotter one.

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