How much is a home in 55427 worth?

The typical home value in 55427 is $365,551, up 1.9% over the past year. The median list price is $352,501.

How long does it take to sell a home in 55427?

Homes in 55427 spend a median of 39 days on the market. There are currently 66 homes for sale, with 24 new listings added.

Are sellers cutting prices in 55427?

Yes, 29.5% of listings in 55427 have had a price cut. That share points to some homes being priced above what buyers will pay.

Market Intelligence · MN / Minneapolis

Minneapolis, MN 55427 Housing Market

The typical home in Minneapolis's 55427 ZIP code is worth $365,551, up 1.9% over the past year. The median list price sits at $352,501, and homes spend a median of 39 days on the market.

Updated August 2026Median value$366K

The median home value in Minneapolis, MN 55427 is $366K as of August 2026, up 1.9% 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 55427 range

$336K to $395K

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

+1.9% over 12 months

Aug 2025$359K

Low $359KHigh $369K

Aug 2026$366K

The numbers

What is the 55427 housing market like?

As of August 2026

Typical home value

$366K

1.9%YoY

Median list price

$353K

1.4%MoM

Days on market

25.8%MoM

Homes for sale

5.7%MoM

Price cuts

29.5%

55.5%MoM

New listings

55.6%MoM

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

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The comparison

How do 55427 home prices compare?

55427$365,551
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 66 homes for sale in 55427, with 24 new listings hitting the market. The typical home value of $365,551 is up 1.9% over the past year, a modest gain. Sellers are listing at a median of $352,501, and homes take a median of 39 days to go under contract. Nearly a third of listings, 29.5%, have taken a price cut, which suggests some sellers are starting too high. If you are thinking about selling, pricing realistically from day one matters more than testing the market.

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