Market Intelligence · MN / Minneapolis

Minneapolis, MN 55424 Housing Market

The typical home value in Minneapolis, MN 55424 is $1,045,401, up 6.7% over the past year. The median list price sits at $1,625,000, and homes spend a median of 58 days on the market.

Updated August 2026Median value$1045K

The median home value in Minneapolis, MN 55424 is $1.05M as of August 2026, up 6.7% 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 55424 range

$962K to $1.13M

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

+6.7% over 12 months

Typical home value in 55424 over the last 12 months: $980K in Aug 2025 to $1.05M in Aug 2026 (+6.7%).

Aug 2025$980K

Aug 2026$1.05M

The numbers

What is the 55424 housing market like?

Typical home value

$1.05M

Up6.7%YoY

Median list price

$1.63M

Down3.5%MoM

Days on market

58

Down18.3%MoM

Homes for sale

36

Up5.9%MoM

Price cuts

13.6%

Up134.6%MoM

New listings

16

Down27.3%MoM

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

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The comparison

How do 55424 home prices compare?

  • 55424$1,045,401
  • 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

Home values in 55424 have climbed 6.7% over the past year, bringing the typical value to $1,045,401. There are 36 homes for sale, with 16 new listings coming on recently. Sellers are asking a median of $1,625,000, well above the typical value, and listings take a median of 58 days to move. Only 13.6% of listings have seen a price cut. The market is holding firm, but sellers should expect a measured pace rather than a quick sale at full ask.

Monthly payment

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20% · $209,080

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