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MINNEAPOLIS, MN 55446

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

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55446) currently shows 153 active listings, with 74 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 31 days on market compared to 27 days last year.

The median listing price has fallen 12.3% year-over-year, from $695,423 to $609,950.

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: 27,422  ·  Density: 1,050.8/mi²  ·  Median household income: $163,433

Typical home value: $533,832  ·  Homeownership: 82.5%

Market Overview

Active Listings
153
⇧ 9.3% vs 140 last year
Pending
74
48% pending ratio
Median Price
$609,950
⇩ 12.3% vs $695,423 last year
Average Price
$793,818
⇩ 7.4% vs $856,907 last year
Days on Market
31
⇧ 14.8% vs 27 days last year

Price Per Square Foot

Median $/sqft
$211
⇩ 0.5% vs $212/sqft last year
Median Home Size
2,985 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 153 this year vs 140 last year
  • Days on market: 31 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $609,950 (-12.3% YoY)
  • Average: $793,818 (-7.4% 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 9.9 miles — 834 listings ($804,931,413 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55446Minneapolis, MN 554460.0 mi87$75,028,539$581,100$862,397
55442Minneapolis, MN 554423.0 mi30$12,816,240$425,000$427,208
55311Maple Grove, MN 553114.2 mi110$79,750,110$600,000$725,001
55428Minneapolis, MN 554285.4 mi59$18,838,523$337,425$319,297
55356Long Lake, MN 553565.9 mi26$47,349,822$1,024,175$1,821,147
55391Wayzata, MN 553916.4 mi109$352,358,305$2,417,000$3,232,645
55429Minneapolis, MN 554297.3 mi56$14,013,440$257,400$250,240
55422Minneapolis, MN 554227.6 mi72$31,272,336$351,200$434,338
55345Minnetonka, MN 553458.9 mi55$51,561,180$629,725$937,476
55357Loretto, MN 553579.2 mi9$9,603,009$887,250$1,067,001
55412Minneapolis, MN 554129.3 mi80$19,413,040$243,000$242,663
55416Minneapolis, MN 554169.7 mi108$77,904,180$427,500$721,335
55316Champlin, MN 553169.9 mi33$15,022,689$444,725$455,233

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55446?

As of June 2026, there are 153 active listings in MINNEAPOLIS, MN (zip code 55446), compared to 140 the prior year.

What is the median home price in MINNEAPOLIS, MN 55446?

The median listing price in MINNEAPOLIS, MN 55446 is $609,950 as of June 2026, a 12.3% decrease from $695,423 the prior year.

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

Homes in MINNEAPOLIS, MN 55446 spend an average of 31 days on the market before going under contract, compared to 27 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55446?

Based on current inventory and days-on-market data as of June 2026, MINNEAPOLIS, MN 55446 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 31 days on market compared to 27 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 55446 save an estimated $12,199 compared to a typical 5% commission on the median listing price of $609,950. 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.