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Downtown West Greater Central

MINNEAPOLIS, MN 55402

Real Estate Market Report  ·  Hennepin County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 55402

Downtown West · Greater Central

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MINNEAPOLIS, MN real estate market (55402) currently shows 1 active listings. Homes are averaging 4 days on the market before going under contract.

Whether you are buying or selling in MINNEAPOLIS, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 709  ·  Density: 1,623.5/mi²  ·  Median household income: $73,508

Typical home value: $0  ·  Homeownership: 0.0%

Market Overview

Active Listings
1
Pending
0
0% pending ratio
Median Price
$569,000
Average Price
$569,000
Days on Market
4

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.5 miles — 544 listings ($317,196,236 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55402Minneapolis, MN 554020.0 mi1$569,000$569,000$569,000
55415Minneapolis, MN 554150.7 mi54$39,788,766$379,900$736,829
55404Minneapolis, MN 554041.1 mi51$13,122,606$219,975$257,306
55405Minneapolis, MN 554051.7 mi34$66,246,926$1,323,750$1,948,439
55413Minneapolis, MN 554132.1 mi22$8,130,232$359,900$369,556
55408Minneapolis, MN 554082.5 mi62$20,256,392$219,900$326,716
55409Minneapolis, MN 554093.2 mi18$7,416,216$314,663$412,012
55406Minneapolis, MN 554063.5 mi46$14,954,370$324,950$325,095
55114Saint Paul, MN 551143.8 mi11$2,945,701$271,250$267,791
55422Minneapolis, MN 554224.0 mi72$31,272,336$351,200$434,338
55410Minneapolis, MN 554104.9 mi60$71,385,360$931,500$1,189,756
55417Minneapolis, MN 554175.2 mi44$16,892,436$346,225$383,919
55104Saint Paul, MN 551045.5 mi69$24,215,895$319,950$350,955

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55402?

As of March 2026, there are 1 active listings in MINNEAPOLIS, MN (zip code 55402).

What is the median home price in MINNEAPOLIS, MN 55402?

The median listing price in MINNEAPOLIS, MN 55402 is $569,000 as of March 2026.

How long do homes stay on the market in MINNEAPOLIS, MN?

Homes in MINNEAPOLIS, MN 55402 spend an average of 4 days on the market before going under contract.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55402?

Based on current inventory and days-on-market data as of March 2026, MINNEAPOLIS, MN 55402 is currently a Balanced Market.

How much can I save on real estate commission in MINNEAPOLIS, MN?

With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55402 save an estimated $11,380 compared to a typical 5% commission on the median listing price of $569,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.