How much is a home in 55421 worth?

The typical home value in 55421 is $300,991, and that figure is up 1.2% over the past year.

How fast are homes selling in 55421?

Homes in 55421 spend a median of 31 days on the market. There are currently 67 homes for sale, with 48 new listings.

Are sellers cutting prices in 55421?

Yes, 22.1% of listings in 55421 have had a price cut. The median list price is $314,900.

Market Intelligence · MN / Minneapolis

Minneapolis, MN 55421 Housing Market

The typical home value in Minneapolis, MN 55421 is $300,991, up 1.2% over the past year. The median list price is $314,900, and homes spend a median of 31 days on the market.

Updated August 2026Median value$301K

The median home value in Minneapolis, MN 55421 is $301K as of August 2026, up 1.2% 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 55421 range

$277K to $325K

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

+1.2% over 12 months

Aug 2025$297K

Low $297KHigh $303K

Aug 2026$301K

The numbers

What is the 55421 housing market like?

As of August 2026

Typical home value

$301K

1.2%YoY

Median list price

$315K

1.7%MoM

Days on market

3.3%MoM

Homes for sale

5.6%MoM

Price cuts

22.1%

24.9%MoM

New listings

4.0%MoM

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

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The comparison

How do 55421 home prices compare?

55421$300,991
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 67 homes for sale in 55421, with 48 new listings hitting the market. The median list price sits at $314,900, while the typical home value is $300,991. That value is up 1.2% over the past year, a modest pace of growth. Homes are moving in a median of 31 days, which is a workable timeline for sellers. About 22.1% of listings have taken a price cut, so pricing accurately from the start matters. If your home is priced in line with recent sales, the data suggests it can sell without a long wait.

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