Market Intelligence · MN / Minneapolis

Minneapolis, MN 55431 Housing Market

The typical home value in Minneapolis 55431 is $384,453, up 2.3% over the past year. The median list price sits at $394,475, and homes are taking a median of 26 days on market as of June 2026.

Updated June 2026Median value$384K

The median home value in Minneapolis, MN 55431 is $384K 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 55431 range

$354K to $415K

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 55431 over the last 12 months: $376K in Jun 2025 to $384K in Jun 2026 (+2.3%).

Jun 2025$376K

Jun 2026$384K

The numbers

What is the 55431 housing market like?

Typical home value

$384K

Up2.3%YoY

Median list price

$394K

Days on market

26

Up62.5%MoM

Homes for sale

24

Price cuts

10.1%

New listings

34

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

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The comparison

How do 55431 home prices compare?

  • 55431$384,453
  • 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 1, 2026, there are 24 homes for sale in the 55431 ZIP code, with 34 new listings added recently. The median list price is $394,475, while the typical home value is $384,453, reflecting a 2.3% rise over the past year. Homes are moving at a median of 26 days on market, and 10.1% of listings have had a price cut. For sellers, the numbers point to a market that is steady but competitive enough that pricing carefully still matters.

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