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Calhoun Isles

MINNEAPOLIS, MN 55405

Real Estate Market Report  ·  Hennepin County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
25
⇩ 26.5% vs 34 last year
Pending
6
24% pending ratio
Median Price
$899,900
⇧ 56.7% vs $574,250 last year
Average Price
$1,752,557
⇧ 33.3% vs $1,315,077 last year
Days on Market
50
⇩ 47.4% vs 95 days last year

Market Context

Population: 17,099  ·  Density: 2,330.0/mi²  ·  Median household income: $66,901

Typical home value: $440,928  ·  Homeownership: 36.4%

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55405) currently shows 25 active listings, with 6 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 50 days on market compared to 95 days last year.

The median listing price has risen 56.7% year-over-year, from $574,250 to $899,900.

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
  • Listings: 25 this year vs 34 last year
  • Days on market: 50 now vs 95 last year

Median & Average Pricing

Year over Year
  • Median: $899,900 (+56.7% YoY)
  • Average: $1,752,557 (+33.3% YoY)

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 5.6 miles — 480 listings ($267,167,561 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55405Minneapolis, MN 554050.0 mi25$43,813,925$899,900$1,752,557
55402Minneapolis, MN 554021.7 mi0$0$599,000$599,000
55401Minneapolis, MN 554012.0 mi64$42,014,528$376,950$656,477
55404Minneapolis, MN 554042.2 mi48$10,661,376$210,000$222,112
55415Minneapolis, MN 554152.3 mi41$26,629,377$399,900$649,497
55409Minneapolis, MN 554093.0 mi16$5,330,336$295,000$333,146
55407Minneapolis, MN 554073.5 mi39$9,254,778$230,000$237,302
55412Minneapolis, MN 554123.9 mi66$15,767,202$240,000$238,897
55414Minneapolis, MN 554143.9 mi28$14,075,740$312,400$502,705
55427Minneapolis, MN 554274.5 mi48$19,920,144$324,999$415,003
55418Minneapolis, MN 554184.6 mi40$12,197,240$317,450$304,931
55424Minneapolis, MN 554244.8 mi27$52,012,557$1,950,000$1,926,391
55417Minneapolis, MN 554175.6 mi38$15,490,358$365,000$407,641

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55405?

As of January 2026, there are 25 active listings in MINNEAPOLIS, MN (zip code 55405), compared to 34 the prior year.

What is the median home price in MINNEAPOLIS, MN 55405?

The median listing price in MINNEAPOLIS, MN 55405 is $899,900 as of January 2026, a 56.7% increase from $574,250 the prior year.

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

Homes in MINNEAPOLIS, MN 55405 spend an average of 50 days on the market before going under contract, compared to 95 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55405?

Based on current inventory and days-on-market data as of January 2026, MINNEAPOLIS, MN 55405 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 50 days on market compared to 95 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55405 save an estimated $17,998 compared to a typical 5% commission on the median listing price of $899,900. 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.