Market Intelligence · MN / Minneapolis

Minneapolis, MN 55420 Housing Market

The typical home value in Minneapolis 55420 is $342,727, up 2.8% over the past year. The median list price sits at $328,475, and homes are moving with a median of 20 days on market as of June 2026.

Updated June 2026Median value$343K

The median home value in Minneapolis, MN 55420 is $343K as of June 2026, up 2.8% 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

$315K to $370K

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

+2.8% over 12 months

Typical home value in 55420 over the last 12 months: $333K in Jun 2025 to $343K in Jun 2026 (+2.8%).

Jun 2025$333K

Jun 2026$343K

The numbers

What is the 55420 housing market like?

Typical home value

$343K

Up2.8%YoY

Median list price

$328K

Days on market

20

Up11.1%MoM

Homes for sale

21

Price cuts

0.0%

New listings

26

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 55420 home prices compare?

  • 55420$342,727
  • Minneapolis$350,913
  • Minnesota$305,984
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Minneapolis: 48 ZIPs; Minnesota: 719 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there were 21 homes for sale in the 55420 ZIP code, with 26 new listings coming to market. The typical home value stands at $342,727, up 2.8% over the past year. The median list price is $328,475, and the median time on market is 20 days. None of the current listings have taken a price cut. For sellers, the combination of steady value growth and quick turnover suggests demand is holding up.

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