Market Intelligence · MN / Minneapolis

Minneapolis, MN 55423 Housing Market

The typical home in Minneapolis 55423 is valued at $354,894, up 2.3% over the past year. The median list price sits at $359,975, and homes are taking a median of 29 days on market.

Updated June 2026Median value$355K

The median home value in Minneapolis, MN 55423 is $355K as of June 2026, up 2.3% 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 55423 range

$327K to $383K

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

+2.3% over 12 months

Typical home value in 55423 over the last 12 months: $347K in Jun 2025 to $355K in Jun 2026 (+2.3%).

Jun 2025$347K

Jun 2026$355K

The numbers

What is the 55423 housing market like?

Typical home value

$355K

Up2.3%YoY

Median list price

$360K

Days on market

29

Up45.0%MoM

Homes for sale

64

Price cuts

17.4%

New listings

58

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

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The comparison

How do 55423 home prices compare?

  • 55423$354,894
  • 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 2026, the 55423 ZIP has 64 homes for sale, with 58 new listings entering the market. The typical home value of $354,894 reflects a 2.3% gain over the past year, while the median list price is $359,975. Homes are moving at a median of 29 days on market, and 17.4% of listings have had a price cut. For sellers, the market is active but not without pushback on price, so realistic pricing matters.

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