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Data as of July 2026. Source: Realtor.com.
The MINNEAPOLIS, MN real estate market (55407) currently shows 80 active listings, with 22 pending sales. Homes are averaging 47 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 47 days on market compared to 38 days last year.
The median listing price has risen 7.5% year-over-year, from $252,475 to $271,500.
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.
Population: 36,997 · Density: 3,558.4/mi² · Median household income: $74,518
Typical home value: $290,450 · Homeownership: 60.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55407 | Minneapolis, MN 55407 | 0.0 mi | 47 | $12,004,552 | $257,500 | $255,416 |
| 55406 | Minneapolis, MN 55406 | 1.6 mi | 46 | $14,954,370 | $324,950 | $325,095 |
| 55408 | Minneapolis, MN 55408 | 2.1 mi | 62 | $20,256,392 | $219,900 | $326,716 |
| 55454 | Minneapolis, MN 55454 | 2.5 mi | 14 | $2,082,192 | $146,225 | $148,728 |
| 55415 | Minneapolis, MN 55415 | 2.8 mi | 54 | $39,788,766 | $379,900 | $736,829 |
| 55402 | Minneapolis, MN 55402 | 3.0 mi | 1 | $569,000 | $569,000 | $569,000 |
| 55410 | Minneapolis, MN 55410 | 3.5 mi | 60 | $71,385,360 | $931,500 | $1,189,756 |
| 55401 | Minneapolis, MN 55401 | 3.6 mi | 75 | $46,341,900 | $379,900 | $617,892 |
| 55105 | Saint Paul, MN 55105 | 4.2 mi | 50 | $26,207,700 | $477,500 | $524,154 |
| 55116 | Saint Paul, MN 55116 | 4.4 mi | 39 | $25,046,151 | $539,950 | $642,209 |
| 55416 | Minneapolis, MN 55416 | 4.5 mi | 108 | $77,904,180 | $427,500 | $721,335 |
| 55424 | Minneapolis, MN 55424 | 4.7 mi | 41 | $76,883,200 | $1,878,750 | $1,875,200 |
| 55411 | Minneapolis, MN 55411 | 5.0 mi | 76 | $18,533,056 | $229,925 | $243,856 |
As of July 2026, there are 80 active listings in MINNEAPOLIS, MN (zip code 55407), compared to 73 the prior year.
The median listing price in MINNEAPOLIS, MN 55407 is $271,500 as of July 2026, a 7.5% increase from $252,475 the prior year.
Homes in MINNEAPOLIS, MN 55407 spend an average of 47 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of July 2026, MINNEAPOLIS, MN 55407 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 47 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55407 save an estimated $5,430 compared to a typical 5% commission on the median listing price of $271,500. 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.