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South Cornelia

MINNEAPOLIS, MN 55435

Real Estate Market Report  ·  Hennepin County
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55435) currently shows 63 active listings, with 19 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 49 days on market compared to 47 days last year.

The median listing price has risen 18.6% year-over-year, from $168,500 to $199,900.

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 Context

Market Context

Population: 14,053  ·  Density: 1,824.8/mi²  ·  Median household income: $71,664

Typical home value: $378,020  ·  Homeownership: 44.8%

Market Overview

Active Listings
63
⇧ 1.6% vs 62 last year
Pending
19
30% pending ratio
Median Price
$199,900
⇧ 18.6% vs $168,500 last year
Average Price
$317,315
⇩ 10.2% vs $353,311 last year
Days on Market
49
⇧ 4.3% vs 47 days last year

Price Per Square Foot

Median $/sqft
$182
⇩ 5.2% vs $192/sqft last year
Median Home Size
1,085 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 63 this year vs 62 last year
  • Days on market: 49 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $199,900 (+18.6% YoY)
  • Average: $317,315 (-10.2% 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 7.2 miles — 561 listings ($421,997,294 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55435Minneapolis, MN 554350.0 mi49$17,061,849$172,450$348,201
55424Minneapolis, MN 554242.2 mi41$76,883,200$1,878,750$1,875,200
55436Minneapolis, MN 554362.8 mi69$107,943,117$637,475$1,564,393
55419Minneapolis, MN 554193.2 mi35$32,562,810$482,475$930,366
55431Minneapolis, MN 554313.5 mi27$10,739,844$385,500$397,772
55438Minneapolis, MN 554384.0 mi34$14,375,540$324,750$422,810
55344Eden Prairie, MN 553444.7 mi35$12,250,560$283,425$350,016
55408Minneapolis, MN 554085.2 mi62$20,256,392$219,900$326,716
55425Minneapolis, MN 554255.3 mi16$4,443,408$306,225$277,713
55407Minneapolis, MN 554075.8 mi47$12,004,552$257,500$255,416
55405Minneapolis, MN 554056.9 mi34$66,246,926$1,323,750$1,948,439
55403Minneapolis, MN 554037.1 mi66$32,274,726$279,250$489,011
55406Minneapolis, MN 554067.2 mi46$14,954,370$324,950$325,095

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55435?

As of June 2026, there are 63 active listings in MINNEAPOLIS, MN (zip code 55435), compared to 62 the prior year.

What is the median home price in MINNEAPOLIS, MN 55435?

The median listing price in MINNEAPOLIS, MN 55435 is $199,900 as of June 2026, a 18.6% increase from $168,500 the prior year.

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

Homes in MINNEAPOLIS, MN 55435 spend an average of 49 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55435?

Based on current inventory and days-on-market data as of June 2026, MINNEAPOLIS, MN 55435 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 49 days on market compared to 47 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 55435 save an estimated $3,998 compared to a typical 5% commission on the median listing price of $199,900. 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.