Population: 36,997 · Density: 3,558.4/mi² · Median household income: $74,518
Typical home value: $290,450 · Homeownership: 60.5%
Data as of January 2026. Source: Realtor.com.
The MINNEAPOLIS, MN real estate market (55407) currently shows 39 active listings, with 9 pending sales. Homes are averaging 81 days on the market before going under contract.
Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 81 days on market compared to 59 days last year.
The median listing price has fallen 1.5% year-over-year, from $233,450 to $230,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55407 | Minneapolis, MN 55407 | 0.0 mi | 39 | $9,254,778 | $230,000 | $237,302 |
| 55406 | Minneapolis, MN 55406 | 1.6 mi | 41 | $14,767,954 | $322,400 | $360,194 |
| 55408 | Minneapolis, MN 55408 | 2.1 mi | 57 | $16,845,609 | $229,500 | $295,537 |
| 55454 | Minneapolis, MN 55454 | 2.5 mi | 11 | $1,589,269 | $144,950 | $144,479 |
| 55415 | Minneapolis, MN 55415 | 2.8 mi | 41 | $26,629,377 | $399,900 | $649,497 |
| 55402 | Minneapolis, MN 55402 | 3.0 mi | 0 | $0 | $599,000 | $599,000 |
| 55410 | Minneapolis, MN 55410 | 3.5 mi | 54 | $62,155,728 | $950,000 | $1,151,032 |
| 55401 | Minneapolis, MN 55401 | 3.6 mi | 64 | $42,014,528 | $376,950 | $656,477 |
| 55105 | Saint Paul, MN 55105 | 4.2 mi | 38 | $23,136,946 | $505,000 | $608,867 |
| 55116 | Saint Paul, MN 55116 | 4.4 mi | 33 | $20,332,257 | $479,900 | $616,129 |
| 55416 | Minneapolis, MN 55416 | 4.5 mi | 98 | $64,156,288 | $375,000 | $654,656 |
| 55424 | Minneapolis, MN 55424 | 4.7 mi | 27 | $52,012,557 | $1,950,000 | $1,926,391 |
| 55411 | Minneapolis, MN 55411 | 5.0 mi | 66 | $16,138,518 | $235,000 | $244,523 |
As of January 2026, there are 39 active listings in MINNEAPOLIS, MN (zip code 55407), compared to 51 the prior year.
The median listing price in MINNEAPOLIS, MN 55407 is $230,000 as of January 2026, a 1.5% decrease from $233,450 the prior year.
Homes in MINNEAPOLIS, MN 55407 spend an average of 81 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MINNEAPOLIS, MN 55407 is currently a Balanced Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 81 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55407 save an estimated $4,600 compared to a typical 5% commission on the median listing price of $230,000. 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.