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

MINNEAPOLIS, MN 55416

Real Estate Market Report  ·  Hennepin County
Balanced Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 55416

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

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55416) currently shows 159 active listings, with 59 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 46 days on market compared to 39 days last year.

The median listing price has fallen 0% year-over-year, from $412,500 to $412,400.

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 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
159
vs 159 last year
Pending
59
37% pending ratio
Median Price
$412,400
vs $412,500 last year
Average Price
$651,760
⇩ 0.5% vs $655,354 last year
Days on Market
46
⇧ 17.9% vs 39 days last year

Price Per Square Foot

Median $/sqft
$265
⇧ 5.6% vs $251/sqft last year
Median Home Size
1,536 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 46 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $412,400 (+-0% YoY)
  • Average: $651,760 (-0.5% 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
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 June 2026, there are 159 active listings in MINNEAPOLIS, MN (zip code 55416), compared to 159 the prior year.

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

The median listing price in MINNEAPOLIS, MN 55416 is $412,400 as of June 2026, a 0% increase from $412,500 the prior year.

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

Homes in MINNEAPOLIS, MN 55416 spend an average of 46 days on the market before going under contract, compared to 39 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 June 2026, MINNEAPOLIS, MN 55416 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 46 days on market compared to 39 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 $8,248 compared to a typical 5% commission on the median listing price of $412,400. 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.