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Bryant Central East Harriet Field King Field Linden Hills Lynnhurst Powderhorn Regina Southwest Tangletown

MINNEAPOLIS, MN 55409

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 55409

Bryant · Central · East Harriet · Field · King Field · Linden Hills · Lynnhurst · Powderhorn · Regina · Southwest · Tangletown

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MINNEAPOLIS, MN real estate market (55409) currently shows 23 active listings, with 11 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 28 days on market compared to 16 days last year.

The median listing price has fallen 0.7% year-over-year, from $312,000 to $309,900.

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.

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Market Context

Market Context

Population: 11,235  ·  Density: 3,315.8/mi²  ·  Median household income: $94,162

Typical home value: $345,679  ·  Homeownership: 69.6%

Market Overview

Active Listings
23
⇧ 43.8% vs 16 last year
Pending
11
48% pending ratio
Median Price
$309,900
⇩ 0.7% vs $312,000 last year
Average Price
$384,807
⇩ 16.6% vs $461,480 last year
Days on Market
28
⇧ 75% vs 16 days last year

Price Per Square Foot

Median $/sqft
$242
⇩ 10% vs $269/sqft last year
Median Home Size
1,411 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 23 this year vs 16 last year
  • Days on market: 28 now vs 16 last year

Median & Average Pricing

Year over Year
  • Median: $309,900 (-0.7% YoY)
  • Average: $384,807 (-16.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.6 miles — 559 listings ($437,452,536 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55409Minneapolis, MN 554090.0 mi18$7,416,216$314,663$412,012
55407Minneapolis, MN 554071.4 mi47$12,004,552$257,500$255,416
55410Minneapolis, MN 554102.1 mi60$71,385,360$931,500$1,189,756
55403Minneapolis, MN 554032.8 mi66$32,274,726$279,250$489,011
55405Minneapolis, MN 554053.0 mi34$66,246,926$1,323,750$1,948,439
55402Minneapolis, MN 554023.2 mi1$569,000$569,000$569,000
55415Minneapolis, MN 554153.3 mi54$39,788,766$379,900$736,829
55454Minneapolis, MN 554543.4 mi14$2,082,192$146,225$148,728
55401Minneapolis, MN 554013.8 mi75$46,341,900$379,900$617,892
55435Minneapolis, MN 554354.7 mi49$17,061,849$172,450$348,201
55436Minneapolis, MN 554364.9 mi69$107,943,117$637,475$1,564,393
55413Minneapolis, MN 554135.1 mi22$8,130,232$359,900$369,556
55105Saint Paul, MN 551055.6 mi50$26,207,700$477,500$524,154

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55409?

As of March 2026, there are 23 active listings in MINNEAPOLIS, MN (zip code 55409), compared to 16 the prior year.

What is the median home price in MINNEAPOLIS, MN 55409?

The median listing price in MINNEAPOLIS, MN 55409 is $309,900 as of March 2026, a 0.7% decrease from $312,000 the prior year.

How long do homes stay on the market in MINNEAPOLIS, MN?

Homes in MINNEAPOLIS, MN 55409 spend an average of 28 days on the market before going under contract, compared to 16 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55409?

Based on current inventory and days-on-market data as of March 2026, MINNEAPOLIS, MN 55409 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 28 days on market compared to 16 days last year.

How much can I save on real estate commission in MINNEAPOLIS, MN?

With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55409 save an estimated $6,198 compared to a typical 5% commission on the median listing price of $309,900. 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.