Market Intelligence · MN / Minneapolis

Minneapolis, MN 55428 Housing Market

The typical home value in Minneapolis 55428 is $318,693, up 1.9% over the past year as of 2026-08-01. Homes carry a median list price of $319,700 and spend a median of 25 days on market. There are 57 homes for sale in the ZIP.

Updated August 2026Median value$319K

The median home value in Minneapolis, MN 55428 is $319K 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.

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 55428 range

$293K to $344K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 55428 market stats. Unsubscribe anytime.

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

12-month value trend

+1.9% over 12 months

Typical home value in 55428 over the last 12 months: $313K in Aug 2025 to $319K in Aug 2026 (+1.9%).

Aug 2025$313K

Aug 2026$319K

The numbers

What is the 55428 housing market like?

Typical home value

$319K

Up1.9%YoY

Median list price

$320K

Down0.4%MoM

Days on market

25

Down19.4%MoM

Homes for sale

57

Up5.6%MoM

Price cuts

15.7%

Down15.9%MoM

New listings

36

Down25.0%MoM

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

Free home value report

See what your 55428 home is worth.

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

The comparison

How do 55428 home prices compare?

  • 55428$318,693
  • 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 55428 are holding steady, with the typical value at $318,693 and a gain of 1.9% over the past year. The median list price of $319,700 sits close to that figure, which suggests sellers are pricing near what the market supports. Homes move in a median of 25 days, a reasonable pace. There are 57 homes for sale with 36 new listings, and 15.7% of listings have taken a price cut. For a seller, this is a stable market where accurate pricing matters more than optimism.

Monthly payment

Estimate your monthly payment.

20% · $63,739

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.