Population: 36,859 · Density: 2,014.2/mi² · Median household income: $80,744
Typical home value: $294,226 · Homeownership: 61.8%
Data as of January 2026. Source: Realtor.com.
The MINNEAPOLIS, MN real estate market (55423) currently shows 68 active listings, with 27 pending sales. Homes are averaging 55 days on the market before going under contract.
Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 55 days on market compared to 38 days last year.
The median listing price has fallen 8.3% year-over-year, from $343,675 to $315,000.
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 $ |
|---|---|---|---|---|---|---|
| 55423 | Minneapolis, MN 55423 | 0.0 mi | 68 | $19,539,392 | $315,000 | $287,344 |
| 55435 | Minneapolis, MN 55435 | 2.6 mi | 39 | $11,873,121 | $147,450 | $304,439 |
| 55417 | Minneapolis, MN 55417 | 3.0 mi | 38 | $15,490,358 | $365,000 | $407,641 |
| 55425 | Minneapolis, MN 55425 | 3.2 mi | 15 | $3,957,810 | $319,000 | $263,854 |
| 55409 | Minneapolis, MN 55409 | 3.7 mi | 16 | $5,330,336 | $295,000 | $333,146 |
| 55407 | Minneapolis, MN 55407 | 4.3 mi | 39 | $9,254,778 | $230,000 | $237,302 |
| 55408 | Minneapolis, MN 55408 | 4.7 mi | 57 | $16,845,609 | $229,500 | $295,537 |
| 55436 | Minneapolis, MN 55436 | 4.9 mi | 53 | $87,346,491 | $534,500 | $1,648,047 |
| 55416 | Minneapolis, MN 55416 | 5.8 mi | 98 | $64,156,288 | $375,000 | $654,656 |
| 55438 | Minneapolis, MN 55438 | 5.9 mi | 29 | $11,662,060 | $312,500 | $402,140 |
| 55121 | Saint Paul, MN 55121 | 6.3 mi | 11 | $2,754,279 | $257,450 | $250,389 |
| 55120 | Saint Paul, MN 55120 | 6.5 mi | 9 | $6,367,392 | $336,000 | $707,488 |
| 55405 | Minneapolis, MN 55405 | 6.6 mi | 25 | $43,813,925 | $899,900 | $1,752,557 |
As of January 2026, there are 68 active listings in MINNEAPOLIS, MN (zip code 55423), compared to 39 the prior year.
The median listing price in MINNEAPOLIS, MN 55423 is $315,000 as of January 2026, a 8.3% decrease from $343,675 the prior year.
Homes in MINNEAPOLIS, MN 55423 spend an average of 55 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MINNEAPOLIS, MN 55423 is currently a Buyer's Market. Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 55 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55423 save an estimated $6,300 compared to a typical 5% commission on the median listing price of $315,000. 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.