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Data as of September 2026. Source: Realtor.com.
The MINNEAPOLIS, MN real estate market (55408) currently shows 86 active listings, with 12 pending sales. Homes are averaging 49 days on the market before going under contract.
Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 49 days on market compared to 47 days last year.
The median listing price has fallen 21.8% year-over-year, from $269,950 to $211,225.
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 September 2026, there are 86 active listings in MINNEAPOLIS, MN (zip code 55408), compared to 95 the prior year.
The median listing price in MINNEAPOLIS, MN 55408 is $211,225 as of September 2026, a 21.8% decrease from $269,950 the prior year.
Homes in MINNEAPOLIS, MN 55408 spend an average of 49 days on the market before going under contract, compared to 47 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MINNEAPOLIS, MN 55408 is currently a Balanced Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 49 days on market compared to 47 days last year.
With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55408 save an estimated $4,225 compared to a typical 5% commission on the median listing price of $211,225. 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.