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Data as of September 2026. Source: Realtor.com.
The MINNEAPOLIS, MN real estate market (55407) currently shows 88 active listings, with 15 pending sales. Homes are averaging 36 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
The median listing price has fallen 6.6% year-over-year, from $272,400 to $254,475.
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 September 2026, there are 88 active listings in MINNEAPOLIS, MN (zip code 55407), compared to 88 the prior year.
The median listing price in MINNEAPOLIS, MN 55407 is $254,475 as of September 2026, a 6.6% decrease from $272,400 the prior year.
Homes in MINNEAPOLIS, MN 55407 spend an average of 36 days on the market before going under contract, compared to 36 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MINNEAPOLIS, MN 55407 is currently a Balanced Market. Inventory levels are unchanged compared to last year.
With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55407 save an estimated $5,090 compared to a typical 5% commission on the median listing price of $254,475. 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.