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Data as of March 2026. Source: Realtor.com.
The MINNEAPOLIS, MN real estate market (55408) currently shows 70 active listings, with 18 pending sales. Homes are averaging 41 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 41 days on market compared to 36 days last year.
The median listing price has fallen 27.6% year-over-year, from $334,500 to $242,175.
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 March 2026, there are 70 active listings in MINNEAPOLIS, MN (zip code 55408), compared to 76 the prior year.
The median listing price in MINNEAPOLIS, MN 55408 is $242,175 as of March 2026, a 27.6% decrease from $334,500 the prior year.
Homes in MINNEAPOLIS, MN 55408 spend an average of 41 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 March 2026, MINNEAPOLIS, MN 55408 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 41 days on market compared to 36 days last year.
With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55408 save an estimated $4,844 compared to a typical 5% commission on the median listing price of $242,175. 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.