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MINNEAPOLIS, MN 55442

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 (55442) currently shows 48 active listings, with 21 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 33 days on market compared to 28 days last year.

The median listing price has fallen 11.2% year-over-year, from $457,225 to $406,175.

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: 13,120  ·  Density: 956.4/mi²  ·  Median household income: $118,453

Typical home value: $415,173  ·  Homeownership: 77.7%

Market Overview

Active Listings
48
⇧ 14.3% vs 42 last year
Pending
21
44% pending ratio
Median Price
$406,175
⇩ 11.2% vs $457,225 last year
Average Price
$445,212
⇩ 1.4% vs $451,378 last year
Days on Market
33
⇧ 17.9% vs 28 days last year

Price Per Square Foot

Median $/sqft
$188
⇩ 2.1% vs $192/sqft last year
Median Home Size
1,838 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 42 last year
  • Days on market: 33 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $406,175 (-11.2% YoY)
  • Average: $445,212 (-1.4% 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 8.6 miles — 781 listings ($502,070,272 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55442Minneapolis, MN 554420.0 mi30$12,816,240$425,000$427,208
55446Minneapolis, MN 554463.0 mi87$75,028,539$581,100$862,397
55427Minneapolis, MN 554273.7 mi58$23,394,764$314,900$403,358
55447Minneapolis, MN 554474.5 mi38$20,945,790$422,475$551,205
55311Maple Grove, MN 553115.1 mi110$79,750,110$600,000$725,001
55445Minneapolis, MN 554455.6 mi35$9,050,475$204,750$258,585
55412Minneapolis, MN 554126.4 mi80$19,413,040$243,000$242,663
55443Minneapolis, MN 554436.5 mi70$23,465,820$300,000$335,226
55411Minneapolis, MN 554117.2 mi76$18,533,056$229,925$243,856
55340Hamel, MN 553407.5 mi81$87,108,210$917,536$1,075,410
55405Minneapolis, MN 554058.1 mi34$66,246,926$1,323,750$1,948,439
55421Minneapolis, MN 554218.5 mi56$18,967,480$285,000$338,705
55356Long Lake, MN 553568.6 mi26$47,349,822$1,024,175$1,821,147

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55442?

As of June 2026, there are 48 active listings in MINNEAPOLIS, MN (zip code 55442), compared to 42 the prior year.

What is the median home price in MINNEAPOLIS, MN 55442?

The median listing price in MINNEAPOLIS, MN 55442 is $406,175 as of June 2026, a 11.2% decrease from $457,225 the prior year.

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

Homes in MINNEAPOLIS, MN 55442 spend an average of 33 days on the market before going under contract, compared to 28 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55442?

Based on current inventory and days-on-market data as of June 2026, MINNEAPOLIS, MN 55442 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 33 days on market compared to 28 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 55442 save an estimated $8,124 compared to a typical 5% commission on the median listing price of $406,175. 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.