Population: 32,312 · Density: 4,643.2/mi² · Median household income: $70,158
Typical home value: $375,425 · Homeownership: 24.7%
Data as of January 2026. Source: Realtor.com.
The MINNEAPOLIS, MN real estate market (55408) currently shows 57 active listings, with 16 pending sales. Homes are averaging 79 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 79 days on market compared to 66 days last year.
The median listing price has fallen 29.9% year-over-year, from $327,500 to $229,500.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55408 | Minneapolis, MN 55408 | 0.0 mi | 57 | $16,845,609 | $229,500 | $295,537 |
| 55403 | Minneapolis, MN 55403 | 1.9 mi | 51 | $22,088,559 | $337,450 | $433,109 |
| 55404 | Minneapolis, MN 55404 | 2.0 mi | 48 | $10,661,376 | $210,000 | $222,112 |
| 55410 | Minneapolis, MN 55410 | 2.4 mi | 54 | $62,155,728 | $950,000 | $1,151,032 |
| 55402 | Minneapolis, MN 55402 | 2.5 mi | 0 | $0 | $599,000 | $599,000 |
| 55415 | Minneapolis, MN 55415 | 2.8 mi | 41 | $26,629,377 | $399,900 | $649,497 |
| 55401 | Minneapolis, MN 55401 | 3.1 mi | 64 | $42,014,528 | $376,950 | $656,477 |
| 55406 | Minneapolis, MN 55406 | 3.6 mi | 41 | $14,767,954 | $322,400 | $360,194 |
| 55417 | Minneapolis, MN 55417 | 3.9 mi | 38 | $15,490,358 | $365,000 | $407,641 |
| 55426 | Minneapolis, MN 55426 | 4.4 mi | 57 | $18,829,779 | $299,900 | $330,347 |
| 55423 | Minneapolis, MN 55423 | 4.7 mi | 68 | $19,539,392 | $315,000 | $287,344 |
| 55422 | Minneapolis, MN 55422 | 5.1 mi | 64 | $27,817,856 | $345,000 | $434,654 |
| 55435 | Minneapolis, MN 55435 | 5.3 mi | 39 | $11,873,121 | $147,450 | $304,439 |
As of January 2026, there are 57 active listings in MINNEAPOLIS, MN (zip code 55408), compared to 62 the prior year.
The median listing price in MINNEAPOLIS, MN 55408 is $229,500 as of January 2026, a 29.9% decrease from $327,500 the prior year.
Homes in MINNEAPOLIS, MN 55408 spend an average of 79 days on the market before going under contract, compared to 66 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MINNEAPOLIS, MN 55408 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 79 days on market compared to 66 days last year.
With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55408 save an estimated $4,590 compared to a typical 5% commission on the median listing price of $229,500. 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.