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Willow Park

MINNEAPOLIS, MN 55426

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

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55426) currently shows 106 active listings, with 47 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 43 days on market compared to 32 days last year.

The median listing price has fallen 9.5% year-over-year, from $328,675 to $297,450.

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: 25,491  ·  Density: 1,486.0/mi²  ·  Median household income: $92,245

Typical home value: $329,785  ·  Homeownership: 64.8%

Market Overview

Active Listings
106
⇩ 5.4% vs 112 last year
Pending
47
44% pending ratio
Median Price
$297,450
⇩ 9.5% vs $328,675 last year
Average Price
$342,997
⇩ 0.5% vs $344,628 last year
Days on Market
43
⇧ 34.4% vs 32 days last year

Price Per Square Foot

Median $/sqft
$208
⇩ 2.3% vs $213/sqft last year
Median Home Size
1,409 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 106 this year vs 112 last year
  • Days on market: 43 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $297,450 (-9.5% YoY)
  • Average: $342,997 (-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 6.3 miles — 667 listings ($467,827,054 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55426Minneapolis, MN 554260.0 mi70$24,178,980$318,475$345,414
55305Hopkins, MN 553052.5 mi74$57,577,032$331,250$778,068
55427Minneapolis, MN 554273.5 mi58$23,394,764$314,900$403,358
55405Minneapolis, MN 554053.9 mi34$66,246,926$1,323,750$1,948,439
55424Minneapolis, MN 554244.1 mi41$76,883,200$1,878,750$1,875,200
55410Minneapolis, MN 554104.3 mi60$71,385,360$931,500$1,189,756
55403Minneapolis, MN 554034.8 mi66$32,274,726$279,250$489,011
55409Minneapolis, MN 554095.2 mi18$7,416,216$314,663$412,012
55439Minneapolis, MN 554395.7 mi31$26,309,545$628,700$848,695
55419Minneapolis, MN 554195.8 mi35$32,562,810$482,475$930,366
55404Minneapolis, MN 554045.9 mi51$13,122,606$219,975$257,306
55435Minneapolis, MN 554356.2 mi49$17,061,849$172,450$348,201
55412Minneapolis, MN 554126.3 mi80$19,413,040$243,000$242,663

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55426?

As of June 2026, there are 106 active listings in MINNEAPOLIS, MN (zip code 55426), compared to 112 the prior year.

What is the median home price in MINNEAPOLIS, MN 55426?

The median listing price in MINNEAPOLIS, MN 55426 is $297,450 as of June 2026, a 9.5% decrease from $328,675 the prior year.

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

Homes in MINNEAPOLIS, MN 55426 spend an average of 43 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 55426?

Based on current inventory and days-on-market data as of June 2026, MINNEAPOLIS, MN 55426 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 43 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 55426 save an estimated $5,949 compared to a typical 5% commission on the median listing price of $297,450. 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.