Market Intelligence · MN / Minneapolis

Minneapolis, MN 55448 Housing Market

Minneapolis, MN 55448 has a typical home value of $341,526, up 1.5% over the past year. The median list price stands at $360,475, with homes spending a median of 31 days on the market.

Updated September 2026Median value$342K

The median home value in Minneapolis, MN 55448 is $342K as of September 2026, up 1.5% 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 55448 range

$314K to $369K

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

+1.5% over 12 months

Sep 2025$337K

Low $337KHigh $342K

Sep 2026$342K

The numbers

What is the 55448 housing market like?

As of September 2026

Typical home value

$342K

1.5%YoY

Median list price

$360K

3.0%MoM

Days on market

3.3%MoM

Homes for sale

1.8%MoM

Price cuts

18.8%

45.6%MoM

New listings

25.0%MoM

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

The outlook

55448 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 55448 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 55448 rose 1.5%, per the Zillow Home Value Index.

Will home prices drop in 55448?

Zillow's forecast does not call for a drop: it expects typical home values in 55448 to rise 1.6% by September 2027, after a 1.5% rise 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 55448 home prices compare?

55448$341,526
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

The neighborhood has 54 homes for sale as of September 2026, with 36 new listings recently added to the market. Median days on market at 31 suggests a reasonably active sales pace, though not unusually fast. About 18.8% of listings have seen price cuts, a signal that some sellers are adjusting expectations. The modest 1.5% annual appreciation indicates steady but slow growth. For current sellers, this is a balanced market where pricing strategy matters more than speed.

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Home price

Down payment20% · $68,305

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Common questions

What people ask us.

What is the typical home value in 55448?

The typical home value in 55448 is $341,526, up 1.5% over the past year.

How many homes are for sale in 55448?

As of September 2026, there are 54 homes for sale in 55448, with 36 new listings recently added.

How long do homes typically stay on the market in 55448?

Homes in 55448 spend a median of 31 days on the market.

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Nearby ZIP markets.

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