Market Intelligence · MN / Minneapolis

Minneapolis, MN 55438 Housing Market

The typical home in Minneapolis, MN 55438 is worth $406,312, up 2.4% over the past year. Homes are listing at a median of $449,900, and the median days on market is 33. That gives sellers a clear picture of where values stand and how quickly homes are moving.

Updated August 2026Median value$406K

The median home value in Minneapolis, MN 55438 is $406K as of August 2026, up 2.4% 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 55438 range

$374K to $439K

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 55438 market stats. Unsubscribe anytime.

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

12-month value trend

+2.4% over 12 months

Typical home value in 55438 over the last 12 months: $397K in Aug 2025 to $406K in Aug 2026 (+2.4%).

Aug 2025$397K

Aug 2026$406K

The numbers

What is the 55438 housing market like?

Typical home value

$406K

Up2.4%YoY

Median list price

$450K

Up16.9%MoM

Days on market

33

Up13.8%MoM

Homes for sale

37

Down7.5%MoM

Price cuts

24.2%

Up66.9%MoM

New listings

16

Down52.9%MoM

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

Free home value report

See what your 55438 home is worth.

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

The comparison

How do 55438 home prices compare?

  • 55438$406,312
  • 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

There are 37 homes for sale in 55438, with 16 new listings added recently. The median list price sits at $449,900, above the typical home value of $406,312. Homes are moving at a median of 33 days on market, which points to steady but not frantic demand. About 24.2% of listings have taken a price cut, so some sellers are adjusting expectations to meet buyers. For a seller here, pricing accurately from the start matters more than aiming high and chasing the market down.

Monthly payment

Estimate your monthly payment.

20% · $81,262

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.