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MINNEAPOLIS, MN 55414

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

Market Overview

Active Listings
28
⇧ 16.7% vs 24 last year
Pending
6
21% pending ratio
Median Price
$312,400
⇩ 17.7% vs $379,450 last year
Average Price
$502,705
⇧ 27.5% vs $394,363 last year
Days on Market
104
⇧ 73.3% vs 60 days last year

Market Context

Population: 33,342  ·  Density: 4,121.5/mi²  ·  Median household income: $47,479

Typical home value: $411,789  ·  Homeownership: 16.5%

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55414) currently shows 28 active listings, with 6 pending sales. Homes are averaging 104 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 104 days on market compared to 60 days last year.

The median listing price has fallen 17.7% year-over-year, from $379,450 to $312,400.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 28 this year vs 24 last year
  • Days on market: 104 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $312,400 (-17.7% YoY)
  • Average: $502,705 (+27.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.5 miles — 496 listings ($191,073,278 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55414Minneapolis, MN 554140.0 mi28$14,075,740$312,400$502,705
55413Minneapolis, MN 554131.6 mi20$6,852,740$332,495$342,637
55114Saint Paul, MN 551141.8 mi11$2,935,603$272,500$266,873
55401Minneapolis, MN 554012.2 mi64$42,014,528$376,950$656,477
55108Saint Paul, MN 551082.5 mi15$6,568,380$369,900$437,892
55418Minneapolis, MN 554183.0 mi40$12,197,240$317,450$304,931
55407Minneapolis, MN 554073.3 mi39$9,254,778$230,000$237,302
55411Minneapolis, MN 554113.8 mi66$16,138,518$235,000$244,523
55408Minneapolis, MN 554084.1 mi57$16,845,609$229,500$295,537
55105Saint Paul, MN 551054.2 mi38$23,136,946$505,000$608,867
55412Minneapolis, MN 554124.8 mi66$15,767,202$240,000$238,897
55103Saint Paul, MN 551035.1 mi19$4,953,737$250,000$260,723
55116Saint Paul, MN 551165.5 mi33$20,332,257$479,900$616,129

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55414?

As of January 2026, there are 28 active listings in MINNEAPOLIS, MN (zip code 55414), compared to 24 the prior year.

What is the median home price in MINNEAPOLIS, MN 55414?

The median listing price in MINNEAPOLIS, MN 55414 is $312,400 as of January 2026, a 17.7% decrease from $379,450 the prior year.

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

Homes in MINNEAPOLIS, MN 55414 spend an average of 104 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55414?

Based on current inventory and days-on-market data as of January 2026, MINNEAPOLIS, MN 55414 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 104 days on market compared to 60 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 55414 save an estimated $6,248 compared to a typical 5% commission on the median listing price of $312,400. 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.