Market Intelligence · MN / Minneapolis

Minneapolis, MN 55421 Housing Market

The typical home value in Minneapolis 55421 is $307,209, up 1.4% over the past year. The median list price is $297,000, and homes are taking a median of 31 days on market.

Updated June 2026Median value$307K

The median home value in Minneapolis, MN 55421 is $307K as of June 2026, up 1.4% 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

$283K to $332K

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

Typical home value in 55421 over the last 12 months: $303K in Jun 2025 to $307K in Jun 2026 (+1.4%).

Jun 2025$303K

Jun 2026$307K

The numbers

What is the 55421 housing market like?

Typical home value

$307K

Up1.4%YoY

Median list price

$297K

Days on market

31

Up34.8%MoM

Homes for sale

53

Price cuts

16.2%

New listings

46

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

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The comparison

How do 55421 home prices compare?

  • 55421$307,209
  • 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 are 53 homes for sale in this part of Minneapolis, with 46 new listings added recently. The median list price sits at $297,000, and the typical home value is $307,209, reflecting a 1.4% rise over the past year. Homes are spending a median of 31 days on market, and 16.2% of listings have had a price cut. For sellers, the mix of steady values and a meaningful share of price cuts suggests pricing carefully from the start matters.

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