Data as of March 2026. Source: Realtor.com.
The MINNEAPOLIS, MN real estate market (55431) currently shows 29 active listings, with 13 pending sales. Homes are averaging 36 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 36 days on market compared to 33 days last year.
The median listing price has risen 12.5% year-over-year, from $350,000 to $393,750.
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.
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 March 2026, there are 29 active listings in MINNEAPOLIS, MN (zip code 55431), compared to 35 the prior year.
The median listing price in MINNEAPOLIS, MN 55431 is $393,750 as of March 2026, a 12.5% increase from $350,000 the prior year.
Homes in MINNEAPOLIS, MN 55431 spend an average of 36 days on the market before going under contract, compared to 33 days the prior year.
Based on current inventory and days-on-market data as of March 2026, MINNEAPOLIS, MN 55431 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 36 days on market compared to 33 days last year.
With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55431 save an estimated $7,875 compared to a typical 5% commission on the median listing price of $393,750. 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.