Market Intelligence · MN / Minneapolis

Minneapolis, MN 55431 Housing Market

In Minneapolis, MN 55431, the typical home value is $375,941, up 1.2% over the past year. The median list price is $399,900, and homes have a median days on market of 24. There are 31 homes for sale, including 24 new listings.

Updated August 2026Median value$376K

The median home value in Minneapolis, MN 55431 is $376K as of August 2026, up 1.2% 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 55431 range

$346K to $406K

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 55431 market stats. Unsubscribe anytime.

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

12-month value trend

+1.2% over 12 months

Typical home value in 55431 over the last 12 months: $371K in Aug 2025 to $376K in Aug 2026 (+1.2%).

Aug 2025$371K

Aug 2026$376K

The numbers

What is the 55431 housing market like?

Typical home value

$376K

Up1.2%YoY

Median list price

$400K

Up0.9%MoM

Days on market

24

Down27.3%MoM

Homes for sale

31

Flat0.0%MoM

Price cuts

20.8%

Up32.8%MoM

New listings

24

Flat0.0%MoM

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

Free home value report

See what your 55431 home is worth.

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

The comparison

How do 55431 home prices compare?

  • 55431$375,941
  • 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

The 55431 market has 31 homes for sale, with 24 new listings adding fresh choices. The median list price is $399,900, while the typical home value is $375,941, up 1.2% over the past year. Homes are moving at a median days on market of 24, so well priced properties can still find buyers without a long wait. At the same time, 20.8% of listings have a price cut, which shows some sellers are adjusting after testing the market. For a seller, the honest read is that demand is present, but pricing needs to match recent evidence rather than optimism.

Monthly payment

Estimate your monthly payment.

20% · $75,188

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.