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Data as of April 2026. Source: Realtor.com.
The MINNEAPOLIS, MN real estate market (55408) currently shows 84 active listings, with 22 pending sales. Homes are averaging 33 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 33 days on market compared to 38 days last year.
The median listing price has fallen 16.5% year-over-year, from $298,725 to $249,475.
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: 32,312 · Density: 4,643.2/mi² · Median household income: $70,158
Typical home value: $375,425 · Homeownership: 24.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55408 | Minneapolis, MN 55408 | 0.0 mi | 62 | $20,256,392 | $219,900 | $326,716 |
| 55403 | Minneapolis, MN 55403 | 1.9 mi | 66 | $32,274,726 | $279,250 | $489,011 |
| 55404 | Minneapolis, MN 55404 | 2.0 mi | 51 | $13,122,606 | $219,975 | $257,306 |
| 55410 | Minneapolis, MN 55410 | 2.4 mi | 60 | $71,385,360 | $931,500 | $1,189,756 |
| 55402 | Minneapolis, MN 55402 | 2.5 mi | 1 | $569,000 | $569,000 | $569,000 |
| 55415 | Minneapolis, MN 55415 | 2.8 mi | 54 | $39,788,766 | $379,900 | $736,829 |
| 55401 | Minneapolis, MN 55401 | 3.1 mi | 75 | $46,341,900 | $379,900 | $617,892 |
| 55406 | Minneapolis, MN 55406 | 3.6 mi | 46 | $14,954,370 | $324,950 | $325,095 |
| 55417 | Minneapolis, MN 55417 | 3.9 mi | 44 | $16,892,436 | $346,225 | $383,919 |
| 55426 | Minneapolis, MN 55426 | 4.4 mi | 70 | $24,178,980 | $318,475 | $345,414 |
| 55423 | Minneapolis, MN 55423 | 4.7 mi | 70 | $20,602,190 | $308,700 | $294,317 |
| 55422 | Minneapolis, MN 55422 | 5.1 mi | 72 | $31,272,336 | $351,200 | $434,338 |
| 55435 | Minneapolis, MN 55435 | 5.3 mi | 49 | $17,061,849 | $172,450 | $348,201 |
As of April 2026, there are 84 active listings in MINNEAPOLIS, MN (zip code 55408), compared to 87 the prior year.
The median listing price in MINNEAPOLIS, MN 55408 is $249,475 as of April 2026, a 16.5% decrease from $298,725 the prior year.
Homes in MINNEAPOLIS, MN 55408 spend an average of 33 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 April 2026, MINNEAPOLIS, MN 55408 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 33 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55408 save an estimated $4,990 compared to a typical 5% commission on the median listing price of $249,475. 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.