Population: 16,009 · Density: 745.2/mi² · Median household income: $97,707
Typical home value: $386,872 · Homeownership: 79.5%
Data as of January 2026. Source: Realtor.com.
The MINNEAPOLIS, MN real estate market (55438) currently shows 29 active listings, with 12 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 58 days on market compared to 51 days last year.
The median listing price has fallen 15.7% year-over-year, from $370,848 to $312,500.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55438 | Minneapolis, MN 55438 | 0.0 mi | 29 | $11,662,060 | $312,500 | $402,140 |
| 55431 | Minneapolis, MN 55431 | 3.3 mi | 22 | $9,055,420 | $399,900 | $411,610 |
| 55344 | Eden Prairie, MN 55344 | 3.7 mi | 25 | $7,177,225 | $249,900 | $287,089 |
| 55347 | Eden Prairie, MN 55347 | 4.3 mi | 97 | $85,538,674 | $638,950 | $881,842 |
| 55420 | Minneapolis, MN 55420 | 5.0 mi | 25 | $7,971,300 | $339,900 | $318,852 |
| 55424 | Minneapolis, MN 55424 | 5.9 mi | 27 | $52,012,557 | $1,950,000 | $1,926,391 |
| 55337 | Burnsville, MN 55337 | 6.1 mi | 82 | $24,152,198 | $270,000 | $294,539 |
| 55343 | Hopkins, MN 55343 | 6.4 mi | 43 | $13,565,683 | $250,000 | $315,481 |
| 55425 | Minneapolis, MN 55425 | 7.1 mi | 15 | $3,957,810 | $319,000 | $263,854 |
| 55306 | Burnsville, MN 55306 | 7.8 mi | 28 | $11,502,708 | $385,000 | $410,811 |
| 55379 | Shakopee, MN 55379 | 8.4 mi | 154 | $80,830,288 | $509,950 | $524,872 |
| 55317 | Chanhassen, MN 55317 | 8.7 mi | 43 | $35,242,026 | $392,450 | $819,582 |
| 55417 | Minneapolis, MN 55417 | 9.0 mi | 38 | $15,490,358 | $365,000 | $407,641 |
As of January 2026, there are 29 active listings in MINNEAPOLIS, MN (zip code 55438), compared to 30 the prior year.
The median listing price in MINNEAPOLIS, MN 55438 is $312,500 as of January 2026, a 15.7% decrease from $370,848 the prior year.
Homes in MINNEAPOLIS, MN 55438 spend an average of 58 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MINNEAPOLIS, MN 55438 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 58 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55438 save an estimated $6,250 compared to a typical 5% commission on the median listing price of $312,500. 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.