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MINNEAPOLIS, MN 55402

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

Market Overview

Active Listings
0
Pending
0
0% pending ratio
Median Price
$599,000
Average Price
$599,000
Days on Market
158

Market Context

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

Typical home value: $0  ·  Homeownership: 0.0%

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55402) currently shows 0 active listings. Homes are averaging 158 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 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.5 miles — 483 listings ($256,685,994 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55402Minneapolis, MN 554020.0 mi0$0$599,000$599,000
55415Minneapolis, MN 554150.7 mi41$26,629,377$399,900$649,497
55404Minneapolis, MN 554041.1 mi48$10,661,376$210,000$222,112
55405Minneapolis, MN 554051.7 mi25$43,813,925$899,900$1,752,557
55413Minneapolis, MN 554132.1 mi20$6,852,740$332,495$342,637
55408Minneapolis, MN 554082.5 mi57$16,845,609$229,500$295,537
55409Minneapolis, MN 554093.2 mi16$5,330,336$295,000$333,146
55406Minneapolis, MN 554063.5 mi41$14,767,954$322,400$360,194
55114Saint Paul, MN 551143.8 mi11$2,935,603$272,500$266,873
55422Minneapolis, MN 554224.0 mi64$27,817,856$345,000$434,654
55410Minneapolis, MN 554104.9 mi54$62,155,728$950,000$1,151,032
55417Minneapolis, MN 554175.2 mi38$15,490,358$365,000$407,641
55104Saint Paul, MN 551045.5 mi68$23,385,132$324,450$343,899

Frequently Asked Questions

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

As of January 2026, there are 0 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 $599,000 as of January 2026.

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

Homes in MINNEAPOLIS, MN 55402 spend an average of 158 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 January 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 $11,980 compared to a typical 5% commission on the median listing price of $599,000. 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.