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MINNEAPOLIS, MN 55437

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

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55437) currently shows 45 active listings, with 14 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 30 days on market compared to 29 days last year.

The median listing price has risen 2.5% year-over-year, from $399,950 to $409,925.

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: 19,401  ·  Density: 1,112.0/mi²  ·  Median household income: $93,890

Typical home value: $347,956  ·  Homeownership: 69.1%

Market Overview

Active Listings
45
⇩ 27.4% vs 62 last year
Pending
14
31% pending ratio
Median Price
$409,925
⇧ 2.5% vs $399,950 last year
Average Price
$416,866
⇩ 11.1% vs $468,886 last year
Days on Market
30
⇧ 3.4% vs 29 days last year

Price Per Square Foot

Median $/sqft
$199
⇧ 3.6% vs $192/sqft last year
Median Home Size
1,965 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 45 this year vs 62 last year
  • Days on market: 30 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $409,925 (+2.5% YoY)
  • Average: $416,866 (-11.1% 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 8.9 miles — 635 listings ($337,278,123 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55437Minneapolis, MN 554370.0 mi31$10,023,075$314,100$323,325
55438Minneapolis, MN 554381.6 mi34$14,375,540$324,750$422,810
55435Minneapolis, MN 554353.4 mi49$17,061,849$172,450$348,201
55378Savage, MN 553784.7 mi87$48,081,333$451,944$552,659
55423Minneapolis, MN 554234.8 mi70$20,602,190$308,700$294,317
55425Minneapolis, MN 554255.5 mi16$4,443,408$306,225$277,713
55436Minneapolis, MN 554365.7 mi69$107,943,117$637,475$1,564,393
55419Minneapolis, MN 554196.3 mi35$32,562,810$482,475$930,366
55306Burnsville, MN 553067.0 mi37$15,126,155$388,175$408,815
55122Saint Paul, MN 551227.4 mi54$17,905,266$318,600$331,579
55417Minneapolis, MN 554177.8 mi44$16,892,436$346,225$383,919
55408Minneapolis, MN 554088.6 mi62$20,256,392$219,900$326,716
55407Minneapolis, MN 554078.9 mi47$12,004,552$257,500$255,416

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55437?

As of July 2026, there are 45 active listings in MINNEAPOLIS, MN (zip code 55437), compared to 62 the prior year.

What is the median home price in MINNEAPOLIS, MN 55437?

The median listing price in MINNEAPOLIS, MN 55437 is $409,925 as of July 2026, a 2.5% increase from $399,950 the prior year.

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

Homes in MINNEAPOLIS, MN 55437 spend an average of 30 days on the market before going under contract, compared to 29 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55437?

Based on current inventory and days-on-market data as of July 2026, MINNEAPOLIS, MN 55437 is currently a Balanced Market. Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 30 days on market compared to 29 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 55437 save an estimated $8,199 compared to a typical 5% commission on the median listing price of $409,925. 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.