Market Intelligence · MN / Minneapolis

Minneapolis, MN 55435 Housing Market

Homes in Minneapolis, MN 55435 are worth $214,999 on a typical basis, down 8.5% over the past year. The median list price sits at $169,950, with homes spending a median of 56 days on market.

Updated September 2026Median value$215K

The median home value in Minneapolis, MN 55435 is $215K as of September 2026, down 8.5% 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.

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Typical 55435 range

$198K to $232K

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

-8.5% over 12 months

Sep 2025$235K

Low $215KHigh $235K

Sep 2026$215K

The numbers

What is the 55435 housing market like?

As of September 2026

Typical home value

$215K

8.5%YoY

Median list price

$170K

8.1%MoM

Days on market

16.7%MoM

Homes for sale

0.0%MoM

Price cuts

20.4%

15.9%MoM

New listings

62.5%MoM

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

The outlook

55435 housing market forecast 2027

+0.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 55435 to stay roughly flat by September 2027 (up 0.3%).

Over the 12 months through September 2026, typical home values in 55435 fell 8.5%, per the Zillow Home Value Index.

Will home prices drop in 55435?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 55435 to stay roughly flat by September 2027 (up 0.3%), after a 8.5% decline 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.

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The comparison

How do 55435 home prices compare?

55435$214,999
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

As of September 2026, there are 47 homes for sale in 55435, with 26 new listings having entered the market recently. The median list price of $169,950 reflects the softer conditions here, and the typical home value decline of 8.5% year over year signals ongoing pressure. With a median of 56 days on market, homes are taking time to move. About one in five listings have already had a price cut. If you're thinking about selling, this is a buyer-favorable market with limited urgency.

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Down payment20% · $43,000

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Common questions

What people ask us.

What is a typical home value in 55435?

The typical home value in this ZIP is $214,999, down 8.5% over the past year as of September 2026.

How long do homes take to sell in 55435?

The median time on market is 56 days as of September 2026.

How many homes are currently for sale in 55435?

There are 47 homes for sale as of September 2026, with 26 new listings having come on market recently.

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