Call or Text (240) SELL-123
Oak Park

MINNEAPOLIS, MN 55448

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

Neighborhoods in ZIP 55448

Oak Park

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55448) currently shows 61 active listings, with 38 pending sales. Homes are averaging 26 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 26 days on market compared to 18 days last year.

The median listing price has risen 10.4% year-over-year, from $309,950 to $342,225.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MINNEAPOLIS, MN 55448 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 29,170  ·  Density: 1,040.3/mi²  ·  Median household income: $92,596

Typical home value: $283,687  ·  Homeownership: 83.6%

Market Overview

Active Listings
61
⇧ 7% vs 57 last year
Pending
38
62% pending ratio
Median Price
$342,225
⇧ 10.4% vs $309,950 last year
Average Price
$336,580
⇧ 0.9% vs $333,565 last year
Days on Market
26
⇧ 44.4% vs 18 days last year

Price Per Square Foot

Median $/sqft
$193
⇩ 1.5% vs $196/sqft last year
Median Home Size
1,693 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 61 this year vs 57 last year
  • Days on market: 26 now vs 18 last year

Median & Average Pricing

Year over Year
  • Median: $342,225 (+10.4% YoY)
  • Average: $336,580 (+0.9% 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 12.1 miles — 952 listings ($453,302,137 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55448Minneapolis, MN 554480.0 mi50$17,172,250$349,900$343,445
55434Minneapolis, MN 554343.0 mi46$16,966,502$351,200$368,837
55304Andover, MN 553044.9 mi131$108,633,060$709,950$829,260
55449Minneapolis, MN 554495.3 mi125$71,914,375$572,250$575,315
55445Minneapolis, MN 554456.0 mi35$9,050,475$204,750$258,585
55369Osseo, MN 553698.3 mi137$77,661,327$546,500$566,871
55014Circle Pines, MN 550148.8 mi65$31,050,240$455,714$477,696
55429Minneapolis, MN 554298.9 mi56$14,013,440$257,400$250,240
55428Minneapolis, MN 554289.6 mi59$18,838,523$337,425$319,297
55421Minneapolis, MN 5542110.0 mi56$18,967,480$285,000$338,705
55126Saint Paul, MN 5512610.9 mi67$34,356,930$361,225$512,790
55412Minneapolis, MN 5541211.4 mi80$19,413,040$243,000$242,663
55418Minneapolis, MN 5541812.1 mi45$15,264,495$332,450$339,211

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55448?

As of March 2026, there are 61 active listings in MINNEAPOLIS, MN (zip code 55448), compared to 57 the prior year.

What is the median home price in MINNEAPOLIS, MN 55448?

The median listing price in MINNEAPOLIS, MN 55448 is $342,225 as of March 2026, a 10.4% increase from $309,950 the prior year.

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

Homes in MINNEAPOLIS, MN 55448 spend an average of 26 days on the market before going under contract, compared to 18 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55448?

Based on current inventory and days-on-market data as of March 2026, MINNEAPOLIS, MN 55448 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 26 days on market compared to 18 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 55448 save an estimated $6,845 compared to a typical 5% commission on the median listing price of $342,225. 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.