Call or Text (240) SELL-123
Nokomis

MINNEAPOLIS, MN 55417

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

Market Overview

Active Listings
38
⇩ 9.5% vs 42 last year
Pending
18
47% pending ratio
Median Price
$365,000
⇩ 4.1% vs $380,700 last year
Average Price
$407,641
⇧ 1.2% vs $402,836 last year
Days on Market
31
⇩ 34% vs 47 days last year

Market Context

Population: 25,900  ·  Density: 2,263.4/mi²  ·  Median household income: $117,475

Typical home value: $348,701  ·  Homeownership: 80.3%

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55417) currently shows 38 active listings, with 18 pending sales. Homes are averaging 31 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 31 days on market compared to 47 days last year.

The median listing price has fallen 4.1% year-over-year, from $380,700 to $365,000.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MINNEAPOLIS, MN 55417 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 38 this year vs 42 last year
  • Days on market: 31 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $365,000 (-4.1% YoY)
  • Average: $407,641 (+1.2% 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 5.6 miles — 390 listings ($202,080,870 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55417Minneapolis, MN 554170.0 mi38$15,490,358$365,000$407,641
55406Minneapolis, MN 554062.4 mi41$14,767,954$322,400$360,194
55409Minneapolis, MN 554092.8 mi16$5,330,336$295,000$333,146
55116Saint Paul, MN 551163.2 mi33$20,332,257$479,900$616,129
55105Saint Paul, MN 551053.9 mi38$23,136,946$505,000$608,867
55404Minneapolis, MN 554044.1 mi48$10,661,376$210,000$222,112
55454Minneapolis, MN 554544.5 mi11$1,589,269$144,950$144,479
55120Saint Paul, MN 551204.8 mi9$6,367,392$336,000$707,488
55415Minneapolis, MN 554154.9 mi41$26,629,377$399,900$649,497
55403Minneapolis, MN 554035.1 mi51$22,088,559$337,450$433,109
55402Minneapolis, MN 554025.2 mi0$0$599,000$599,000
55435Minneapolis, MN 554355.4 mi39$11,873,121$147,450$304,439
55405Minneapolis, MN 554055.6 mi25$43,813,925$899,900$1,752,557

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55417?

As of January 2026, there are 38 active listings in MINNEAPOLIS, MN (zip code 55417), compared to 42 the prior year.

What is the median home price in MINNEAPOLIS, MN 55417?

The median listing price in MINNEAPOLIS, MN 55417 is $365,000 as of January 2026, a 4.1% decrease from $380,700 the prior year.

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

Homes in MINNEAPOLIS, MN 55417 spend an average of 31 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55417?

Based on current inventory and days-on-market data as of January 2026, MINNEAPOLIS, MN 55417 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 31 days on market compared to 47 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 55417 save an estimated $7,300 compared to a typical 5% commission on the median listing price of $365,000. 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.