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MINNEAPOLIS, MN 55412

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

Neighborhoods in ZIP 55412

Camden · Camden Industrial · Cleveland · Folwell · Lind-Bohanon · Mckinley · Victory · Webber-Camden

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55412) currently shows 94 active listings, with 33 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 42 days on market compared to 26 days last year.

The median listing price has risen 6.7% year-over-year, from $224,900 to $240,000.

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: 25,762  ·  Density: 2,919.9/mi²  ·  Median household income: $65,856

Typical home value: $217,823  ·  Homeownership: 71.7%

Market Overview

Active Listings
94
⇧ 30.6% vs 72 last year
Pending
33
35% pending ratio
Median Price
$240,000
⇧ 6.7% vs $224,900 last year
Average Price
$237,451
⇧ 2.3% vs $232,049 last year
Days on Market
42
⇧ 61.5% vs 26 days last year

Price Per Square Foot

Median $/sqft
$174
⇩ 1.7% vs $177/sqft last year
Median Home Size
1,375 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 94 this year vs 72 last year
  • Days on market: 42 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $240,000 (+6.7% YoY)
  • Average: $237,451 (+2.3% 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 6.4 miles — 701 listings ($380,367,569 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55412Minneapolis, MN 554120.0 mi80$19,413,040$243,000$242,663
55422Minneapolis, MN 554222.3 mi72$31,272,336$351,200$434,338
55418Minneapolis, MN 554182.8 mi45$15,264,495$332,450$339,211
55401Minneapolis, MN 554013.2 mi75$46,341,900$379,900$617,892
55413Minneapolis, MN 554133.4 mi22$8,130,232$359,900$369,556
55405Minneapolis, MN 554053.9 mi34$66,246,926$1,323,750$1,948,439
55415Minneapolis, MN 554154.1 mi54$39,788,766$379,900$736,829
55454Minneapolis, MN 554544.7 mi14$2,082,192$146,225$148,728
55404Minneapolis, MN 554044.8 mi51$13,122,606$219,975$257,306
55432Minneapolis, MN 554325.4 mi40$12,990,760$319,900$324,769
55416Minneapolis, MN 554165.7 mi108$77,904,180$427,500$721,335
55112Saint Paul, MN 551126.2 mi76$34,993,896$407,450$460,446
55442Minneapolis, MN 554426.4 mi30$12,816,240$425,000$427,208

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55412?

As of March 2026, there are 94 active listings in MINNEAPOLIS, MN (zip code 55412), compared to 72 the prior year.

What is the median home price in MINNEAPOLIS, MN 55412?

The median listing price in MINNEAPOLIS, MN 55412 is $240,000 as of March 2026, a 6.7% increase from $224,900 the prior year.

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

Homes in MINNEAPOLIS, MN 55412 spend an average of 42 days on the market before going under contract, compared to 26 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55412?

Based on current inventory and days-on-market data as of March 2026, MINNEAPOLIS, MN 55412 is currently a Buyer's Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 42 days on market compared to 26 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 55412 save an estimated $4,800 compared to a typical 5% commission on the median listing price of $240,000. 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.