Data as of September 2026. Source: Realtor.com.
The MINNEAPOLIS, MN real estate market (55431) currently shows 51 active listings, with 17 pending sales. Homes are averaging 32 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 32 days on market compared to 25 days last year.
The median listing price has fallen 8.3% year-over-year, from $422,450 to $387,450.
Population: 19,477 · Density: 961.0/mi² · Median household income: $105,290
Typical home value: $333,233 · Homeownership: 69.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55431 | Minneapolis, MN 55431 | 0.0 mi | 27 | $10,739,844 | $385,500 | $397,772 |
| 55420 | Minneapolis, MN 55420 | 1.8 mi | 30 | $9,347,010 | $334,950 | $311,567 |
| 55435 | Minneapolis, MN 55435 | 3.5 mi | 49 | $17,061,849 | $172,450 | $348,201 |
| 55337 | Burnsville, MN 55337 | 3.9 mi | 100 | $31,582,700 | $299,950 | $315,827 |
| 55439 | Minneapolis, MN 55439 | 4.5 mi | 31 | $26,309,545 | $628,700 | $848,695 |
| 55424 | Minneapolis, MN 55424 | 5.6 mi | 41 | $76,883,200 | $1,878,750 | $1,875,200 |
| 55122 | Saint Paul, MN 55122 | 5.9 mi | 54 | $17,905,266 | $318,600 | $331,579 |
| 55436 | Minneapolis, MN 55436 | 6.2 mi | 69 | $107,943,117 | $637,475 | $1,564,393 |
| 55306 | Burnsville, MN 55306 | 6.7 mi | 37 | $15,126,155 | $388,175 | $408,815 |
| 55409 | Minneapolis, MN 55409 | 7.3 mi | 18 | $7,416,216 | $314,663 | $412,012 |
| 55121 | Saint Paul, MN 55121 | 7.6 mi | 12 | $3,344,472 | $272,425 | $278,706 |
| 55343 | Hopkins, MN 55343 | 7.9 mi | 48 | $17,794,128 | $297,400 | $370,711 |
| 55408 | Minneapolis, MN 55408 | 8.2 mi | 62 | $20,256,392 | $219,900 | $326,716 |
As of September 2026, there are 51 active listings in MINNEAPOLIS, MN (zip code 55431), compared to 48 the prior year.
The median listing price in MINNEAPOLIS, MN 55431 is $387,450 as of September 2026, a 8.3% decrease from $422,450 the prior year.
Homes in MINNEAPOLIS, MN 55431 spend an average of 32 days on the market before going under contract, compared to 25 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MINNEAPOLIS, MN 55431 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 32 days on market compared to 25 days last year.
With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55431 save an estimated $7,749 compared to a typical 5% commission on the median listing price of $387,450. 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.