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Bryn-Mawr Calhoun Isles Cedar-Isles Kenwood Linden Hills West Calhoun

MINNEAPOLIS, MN 55416

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

Neighborhoods in ZIP 55416

Bryn-Mawr · Calhoun Isles · Cedar-Isles · Kenwood · Linden Hills · West Calhoun

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55416) currently shows 127 active listings, with 48 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 35 days on market compared to 32 days last year.

The median listing price has risen 11.7% year-over-year, from $385,000 to $430,000.

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: 34,715  ·  Density: 1,827.1/mi²  ·  Median household income: $99,383

Typical home value: $434,123  ·  Homeownership: 50.7%

Market Overview

Active Listings
127
⇧ 4.1% vs 122 last year
Pending
48
38% pending ratio
Median Price
$430,000
⇧ 11.7% vs $385,000 last year
Average Price
$726,178
⇧ 12.4% vs $646,299 last year
Days on Market
35
⇧ 9.4% vs 32 days last year

Price Per Square Foot

Median $/sqft
$257
⇩ 3.4% vs $266/sqft last year
Median Home Size
1,524 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 127 this year vs 122 last year
  • Days on market: 35 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $430,000 (+11.7% YoY)
  • Average: $726,178 (+12.4% 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 5.7 miles — 720 listings ($600,254,459 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55416Minneapolis, MN 554160.0 mi108$77,904,180$427,500$721,335
55405Minneapolis, MN 554052.3 mi34$66,246,926$1,323,750$1,948,439
55410Minneapolis, MN 554102.8 mi60$71,385,360$931,500$1,189,756
55424Minneapolis, MN 554243.1 mi41$76,883,200$1,878,750$1,875,200
55436Minneapolis, MN 554363.6 mi69$107,943,117$637,475$1,564,393
55404Minneapolis, MN 554044.0 mi51$13,122,606$219,975$257,306
55411Minneapolis, MN 554114.0 mi76$18,533,056$229,925$243,856
55401Minneapolis, MN 554014.3 mi75$46,341,900$379,900$617,892
55427Minneapolis, MN 554274.4 mi58$23,394,764$314,900$403,358
55305Hopkins, MN 553054.5 mi74$57,577,032$331,250$778,068
55454Minneapolis, MN 554545.0 mi14$2,082,192$146,225$148,728
55439Minneapolis, MN 554395.4 mi31$26,309,545$628,700$848,695
55441Minneapolis, MN 554415.7 mi29$12,530,581$359,950$432,089

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55416?

As of March 2026, there are 127 active listings in MINNEAPOLIS, MN (zip code 55416), compared to 122 the prior year.

What is the median home price in MINNEAPOLIS, MN 55416?

The median listing price in MINNEAPOLIS, MN 55416 is $430,000 as of March 2026, a 11.7% increase from $385,000 the prior year.

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

Homes in MINNEAPOLIS, MN 55416 spend an average of 35 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55416?

Based on current inventory and days-on-market data as of March 2026, MINNEAPOLIS, MN 55416 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 35 days on market compared to 32 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 55416 save an estimated $8,600 compared to a typical 5% commission on the median listing price of $430,000. 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.