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MINNEAPOLIS, MN 55421

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

Market Overview

Active Listings
46
⇩ 13.2% vs 53 last year
Pending
11
24% pending ratio
Median Price
$299,900
⇧ 6.2% vs $282,394 last year
Average Price
$332,264
⇩ 0.5% vs $334,040 last year
Days on Market
45
⇩ 27.4% vs 62 days last year

Market Context

Population: 30,787  ·  Density: 1,895.3/mi²  ·  Median household income: $71,001

Typical home value: $241,764  ·  Homeownership: 60.3%

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55421) currently shows 46 active listings, with 11 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 45 days on market compared to 62 days last year.

The median listing price has risen 6.2% year-over-year, from $282,394 to $299,900.

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: 46 this year vs 53 last year
  • Days on market: 45 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $299,900 (+6.2% YoY)
  • Average: $332,264 (-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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.5 miles — 534 listings ($238,546,566 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55421Minneapolis, MN 554210.0 mi46$15,284,144$299,900$332,264
55430Minneapolis, MN 554302.5 mi48$13,756,368$280,950$286,591
55432Minneapolis, MN 554323.2 mi35$10,179,155$302,500$290,833
55413Minneapolis, MN 554133.7 mi20$6,852,740$332,495$342,637
55429Minneapolis, MN 554294.4 mi48$12,650,592$281,250$263,554
55401Minneapolis, MN 554014.6 mi64$42,014,528$376,950$656,477
55422Minneapolis, MN 554225.1 mi64$27,817,856$345,000$434,654
55415Minneapolis, MN 554155.3 mi41$26,629,377$399,900$649,497
55454Minneapolis, MN 554545.5 mi11$1,589,269$144,950$144,479
55405Minneapolis, MN 554056.1 mi25$43,813,925$899,900$1,752,557
55404Minneapolis, MN 554046.2 mi48$10,661,376$210,000$222,112
55443Minneapolis, MN 554436.3 mi73$24,361,633$312,450$333,721
55114Saint Paul, MN 551146.5 mi11$2,935,603$272,500$266,873

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55421?

As of January 2026, there are 46 active listings in MINNEAPOLIS, MN (zip code 55421), compared to 53 the prior year.

What is the median home price in MINNEAPOLIS, MN 55421?

The median listing price in MINNEAPOLIS, MN 55421 is $299,900 as of January 2026, a 6.2% increase from $282,394 the prior year.

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

Homes in MINNEAPOLIS, MN 55421 spend an average of 45 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55421?

Based on current inventory and days-on-market data as of January 2026, MINNEAPOLIS, MN 55421 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 45 days on market compared to 62 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 55421 save an estimated $5,998 compared to a typical 5% commission on the median listing price of $299,900. 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.