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MINNEAPOLIS, MN 55441

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

Market Overview

Active Listings
22
⇩ 21.4% vs 28 last year
Pending
8
36% pending ratio
Median Price
$350,000
⇩ 11.6% vs $396,100 last year
Average Price
$362,905
⇩ 23.1% vs $472,064 last year
Days on Market
58
⇧ 9.4% vs 53 days last year

Market Context

Population: 18,289  ·  Density: 823.0/mi²  ·  Median household income: $99,017

Typical home value: $430,278  ·  Homeownership: 60.8%

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55441) currently shows 22 active listings, with 8 pending sales. Homes are averaging 58 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 58 days on market compared to 53 days last year.

The median listing price has fallen 11.6% year-over-year, from $396,100 to $350,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 22 this year vs 28 last year
  • Days on market: 58 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $350,000 (-11.6% YoY)
  • Average: $362,905 (-23.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.9 miles — 679 listings ($515,266,116 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55441Minneapolis, MN 554410.0 mi22$7,983,910$350,000$362,905
55447Minneapolis, MN 554473.0 mi30$14,926,140$394,950$497,538
55305Hopkins, MN 553053.5 mi62$45,492,438$260,000$733,749
55426Minneapolis, MN 554264.1 mi57$18,829,779$299,900$330,347
55428Minneapolis, MN 554284.7 mi53$15,292,567$305,000$288,539
55429Minneapolis, MN 554295.9 mi48$12,650,592$281,250$263,554
55391Wayzata, MN 553916.4 mi88$238,939,008$2,222,500$2,715,216
55412Minneapolis, MN 554126.5 mi66$15,767,202$240,000$238,897
55345Minnetonka, MN 553456.8 mi41$38,485,511$639,000$938,671
55430Minneapolis, MN 554307.4 mi48$13,756,368$280,950$286,591
55311Maple Grove, MN 553117.7 mi107$76,296,992$544,500$713,056
55408Minneapolis, MN 554087.8 mi57$16,845,609$229,500$295,537
55402Minneapolis, MN 554027.9 mi0$0$599,000$599,000

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55441?

As of January 2026, there are 22 active listings in MINNEAPOLIS, MN (zip code 55441), compared to 28 the prior year.

What is the median home price in MINNEAPOLIS, MN 55441?

The median listing price in MINNEAPOLIS, MN 55441 is $350,000 as of January 2026, a 11.6% decrease from $396,100 the prior year.

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

Homes in MINNEAPOLIS, MN 55441 spend an average of 58 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55441?

Based on current inventory and days-on-market data as of January 2026, MINNEAPOLIS, MN 55441 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 58 days on market compared to 53 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 55441 save an estimated $7,000 compared to a typical 5% commission on the median listing price of $350,000. 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.