Market Intelligence · MN / Minneapolis

Minneapolis, MN 55454 Housing Market

The typical home value in Minneapolis 55454 is $145,323, down 6.4% over the past year. The median list price stands at $142,400, with homes spending 39 days on the market as of September 2026.

Updated September 2026Median value$145K

The median home value in Minneapolis, MN 55454 is $145K as of September 2026, down 6.4% 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 55454 range

$134K to $157K

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

-6.4% over 12 months

Sep 2025$155K

Low $145KHigh $158K

Sep 2026$145K

The numbers

What is the 55454 housing market like?

As of September 2026

Typical home value

$145K

6.4%YoY

Median list price

$142K

1.8%MoM

Days on market

25.0%MoM

Homes for sale

50.0%MoM

Price cuts

15.4%

New listings

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

The outlook

55454 housing market forecast 2027

+0.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 55454 to rise 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in 55454 fell 6.4%, per the Zillow Home Value Index.

Will home prices drop in 55454?

Zillow's forecast does not call for a drop: it expects typical home values in 55454 to rise 0.5% by September 2027, after a 6.4% 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 55454 home prices compare?

55454$145,323
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 9 homes for sale in this ZIP code, with 4 new listings added recently. The median list price of $142,400 sits slightly below the typical home value, and homes are taking 39 days to sell. About 15.4% of listings have seen a price cut, which reflects the broader softness in the market. Homes here have lost value over the past year, so if you're thinking about selling, expect a slower pace and be prepared for negotiation.

Monthly payment

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Home price

Down payment20% · $29,065

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Common questions

What people ask us.

What is the typical home value in 55454?

The typical home value is $145,323, down 6.4% over the past year as of September 2026.

How long do homes stay on the market here?

The median days on market is 39 as of September 2026.

How many homes are currently for sale?

There are 9 homes for sale as of September 2026, with 4 new listings.

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