Population: 34,715 · Density: 1,827.1/mi² · Median household income: $99,383
Typical home value: $434,123 · Homeownership: 50.7%
Data as of January 2026. Source: Realtor.com.
The MINNEAPOLIS, MN real estate market (55416) currently shows 98 active listings, with 27 pending sales. Homes are averaging 66 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 66 days on market compared to 78 days last year.
The median listing price has risen 7.2% year-over-year, from $349,675 to $375,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55416 | Minneapolis, MN 55416 | 0.0 mi | 98 | $64,156,288 | $375,000 | $654,656 |
| 55405 | Minneapolis, MN 55405 | 2.3 mi | 25 | $43,813,925 | $899,900 | $1,752,557 |
| 55410 | Minneapolis, MN 55410 | 2.8 mi | 54 | $62,155,728 | $950,000 | $1,151,032 |
| 55424 | Minneapolis, MN 55424 | 3.1 mi | 27 | $52,012,557 | $1,950,000 | $1,926,391 |
| 55436 | Minneapolis, MN 55436 | 3.6 mi | 53 | $87,346,491 | $534,500 | $1,648,047 |
| 55404 | Minneapolis, MN 55404 | 4.0 mi | 48 | $10,661,376 | $210,000 | $222,112 |
| 55411 | Minneapolis, MN 55411 | 4.0 mi | 66 | $16,138,518 | $235,000 | $244,523 |
| 55401 | Minneapolis, MN 55401 | 4.3 mi | 64 | $42,014,528 | $376,950 | $656,477 |
| 55427 | Minneapolis, MN 55427 | 4.4 mi | 48 | $19,920,144 | $324,999 | $415,003 |
| 55305 | Hopkins, MN 55305 | 4.5 mi | 62 | $45,492,438 | $260,000 | $733,749 |
| 55454 | Minneapolis, MN 55454 | 5.0 mi | 11 | $1,589,269 | $144,950 | $144,479 |
| 55439 | Minneapolis, MN 55439 | 5.4 mi | 26 | $21,893,846 | $517,450 | $842,071 |
| 55441 | Minneapolis, MN 55441 | 5.7 mi | 22 | $7,983,910 | $350,000 | $362,905 |
As of January 2026, there are 98 active listings in MINNEAPOLIS, MN (zip code 55416), compared to 102 the prior year.
The median listing price in MINNEAPOLIS, MN 55416 is $375,000 as of January 2026, a 7.2% increase from $349,675 the prior year.
Homes in MINNEAPOLIS, MN 55416 spend an average of 66 days on the market before going under contract, compared to 78 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MINNEAPOLIS, MN 55416 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 66 days on market compared to 78 days last year.
With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55416 save an estimated $7,500 compared to a typical 5% commission on the median listing price of $375,000. 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.