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MINNEAPOLIS, MN 55411

Real Estate Market Report  ·  Hennepin County
Buyer's Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 55411

Greater Near North · Hawthorne · Jordan · Near North · North Loop · Sumner-glenwood · Willard-Hay

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55411) currently shows 84 active listings, with 33 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 47 days on market compared to 30 days last year.

The median listing price has fallen 7.1% year-over-year, from $247,000 to $229,450.

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: 30,625  ·  Density: 2,935.7/mi²  ·  Median household income: $48,997

Typical home value: $221,137  ·  Homeownership: 49.8%

Market Overview

Active Listings
84
⇧ 29.2% vs 65 last year
Pending
33
39% pending ratio
Median Price
$229,450
⇩ 7.1% vs $247,000 last year
Average Price
$229,913
⇩ 10.1% vs $255,806 last year
Days on Market
47
⇧ 56.7% vs 30 days last year

Price Per Square Foot

Median $/sqft
$156
⇧ 4.7% vs $149/sqft last year
Median Home Size
1,449 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 84 this year vs 65 last year
  • Days on market: 47 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $229,450 (-7.1% YoY)
  • Average: $229,913 (-10.1% 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 6.0 miles — 631 listings ($296,574,979 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55411Minneapolis, MN 554110.0 mi76$18,533,056$229,925$243,856
55412Minneapolis, MN 554121.9 mi80$19,413,040$243,000$242,663
55402Minneapolis, MN 554022.1 mi1$569,000$569,000$569,000
55422Minneapolis, MN 554222.1 mi72$31,272,336$351,200$434,338
55413Minneapolis, MN 554132.7 mi22$8,130,232$359,900$369,556
55404Minneapolis, MN 554043.1 mi51$13,122,606$219,975$257,306
55414Minneapolis, MN 554143.8 mi29$14,911,220$309,900$514,180
55416Minneapolis, MN 554164.0 mi108$77,904,180$427,500$721,335
55421Minneapolis, MN 554214.2 mi56$18,967,480$285,000$338,705
55409Minneapolis, MN 554094.8 mi18$7,416,216$314,663$412,012
55407Minneapolis, MN 554075.0 mi47$12,004,552$257,500$255,416
55114Saint Paul, MN 551145.6 mi11$2,945,701$271,250$267,791
55410Minneapolis, MN 554106.0 mi60$71,385,360$931,500$1,189,756

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55411?

As of April 2026, there are 84 active listings in MINNEAPOLIS, MN (zip code 55411), compared to 65 the prior year.

What is the median home price in MINNEAPOLIS, MN 55411?

The median listing price in MINNEAPOLIS, MN 55411 is $229,450 as of April 2026, a 7.1% decrease from $247,000 the prior year.

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

Homes in MINNEAPOLIS, MN 55411 spend an average of 47 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55411?

Based on current inventory and days-on-market data as of April 2026, MINNEAPOLIS, MN 55411 is currently a Buyer's Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 47 days on market compared to 30 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 55411 save an estimated $4,589 compared to a typical 5% commission on the median listing price of $229,450. 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.