Home ValuePros
Talk to a Pro

Market Intelligence · MN / Minneapolis

Minneapolis, MN 55424 Housing Market

Homes in Minneapolis 55424 have a typical value of $1,020,785, up 7.1% over the past year. The median list price stands at $1,487,475, with homes typically spending 39 days on market as of September 2026.

Updated September 2026Median value$1021K

The median home value in Minneapolis, MN 55424 is $1.02M as of September 2026, up 7.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Get a cash offer

Sell without the wait

Sell your Minneapolis home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 55424 range

$939K to $1.1M

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 55424 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Minneapolis, MN.

12-month value trend

+7.1% over 12 months

Typical home value in 55424 over the last 12 months: $953K in Sep 2025 to $1.02M in Sep 2026 (+7.1%).

Sep 2025$953K

Sep 2026$1.02M

The numbers

What is the 55424 housing market like?

Typical home value

$1.02M

Up7.1%YoY

Median list price

$1.49M

Down8.5%MoM

Days on market

39

Down32.8%MoM

Homes for sale

41

Up13.9%MoM

Price cuts

10.5%

Down22.3%MoM

New listings

14

Down12.5%MoM

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

The outlook

55424 housing market forecast 2027

+2.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 55424 to rise 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in 55424 rose 7.1%, per the Zillow Home Value Index.

Will home prices drop in 55424?

Zillow's forecast does not call for a drop: it expects typical home values in 55424 to rise 2.1% by September 2027, after a 7.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 55424 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 55424 home prices compare?

  • 55424$1,020,785
  • Minneapolis$342,662
  • Minnesota$298,219
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Minneapolis: 48 ZIPs; Minnesota: 716 ZIPs; United States: 26,262 ZIPs).

Context

There are 41 homes for sale in 55424, with 14 new listings having arrived in September 2026. The median list price of $1,487,475 reflects the area's higher end, while the typical home value of $1,020,785 shows where most properties actually trade. Homes are moving at a moderate pace, spending 39 days on market on average. About 10.5% of listings have seen a price cut, suggesting some sellers are testing the market carefully. For homeowners considering a sale, the year-over-year value gain is solid, but current inventory levels mean you should price realistically from the start.

Monthly payment

Estimate your monthly payment.

20% · $204,157

Common questions

What people ask us.

What is the typical home value in 55424?

The typical home value is $1,020,785, up 7.1% over the past year as of September 2026.

How many homes are currently for sale in this ZIP?

There are 41 homes for sale as of September 2026, with 14 new listings that month.

How long do homes stay on market in 55424?

The median days on market is 39 as of September 2026.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.