Market Intelligence · MN / Minneapolis

Minneapolis, MN 55438 Housing Market

The typical home in Minneapolis 55438 is valued at $412,869, up 3.2% over the past year. The median list price sits at $425,000, and homes are taking a median of 23 days on market.

Updated June 2026Median value$413K

The median home value in Minneapolis, MN 55438 is $413K as of June 2026, up 3.2% 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.

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Typical 55438 range

$380K to $446K

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

+3.2% over 12 months

Typical home value in 55438 over the last 12 months: $400K in Jun 2025 to $413K in Jun 2026 (+3.2%).

Jun 2025$400K

Jun 2026$413K

The numbers

What is the 55438 housing market like?

Typical home value

$413K

Up3.2%YoY

Median list price

$425K

Days on market

23

Up17.9%MoM

Homes for sale

34

Price cuts

9.3%

New listings

34

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

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The comparison

How do 55438 home prices compare?

  • 55438$412,869
  • 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 2026, there are 34 homes for sale in the 55438 ZIP code, matching the 34 new listings that came onto the market. The median list price is $425,000, while the typical home value is $412,869, up 3.2% over the past year. Homes are spending a median of 23 days on market, and 9.3% of listings have had a price cut. For sellers, the numbers point to steady demand, so pricing in line with the local market is the most reliable way to move quickly.

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