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Cedar-Riverside University

MINNEAPOLIS, MN 55454

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

Neighborhoods in ZIP 55454

Cedar-Riverside · University

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55454) currently shows 9 active listings, with 2 pending sales. Homes are averaging 140 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 140 days on market compared to 68 days last year.

The median listing price has fallen 34.4% year-over-year, from $179,824 to $118,000.

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 Context

Market Context

Population: 8,892  ·  Density: 5,768.1/mi²  ·  Median household income: $24,660

Typical home value: $169,184  ·  Homeownership: 9.8%

Market Overview

Active Listings
9
⇩ 40% vs 15 last year
Pending
2
22% pending ratio
Median Price
$118,000
⇩ 34.4% vs $179,824 last year
Average Price
$144,451
⇩ 19.7% vs $179,831 last year
Days on Market
140
⇧ 105.9% vs 68 days last year

Price Per Square Foot

Median $/sqft
$146
⇩ 11% vs $164/sqft last year
Median Home Size
1,105 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 15 last year
  • Days on market: 140 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $118,000 (-34.4% YoY)
  • Average: $144,451 (-19.7% 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 5.3 miles — 576 listings ($281,183,685 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55454Minneapolis, MN 554540.0 mi14$2,082,192$146,225$148,728
55414Minneapolis, MN 554141.1 mi29$14,911,220$309,900$514,180
55402Minneapolis, MN 554021.4 mi1$569,000$569,000$569,000
55413Minneapolis, MN 554131.9 mi22$8,130,232$359,900$369,556
55406Minneapolis, MN 554062.4 mi46$14,954,370$324,950$325,095
55407Minneapolis, MN 554072.5 mi47$12,004,552$257,500$255,416
55408Minneapolis, MN 554083.1 mi62$20,256,392$219,900$326,716
55409Minneapolis, MN 554093.4 mi18$7,416,216$314,663$412,012
55418Minneapolis, MN 554183.5 mi45$15,264,495$332,450$339,211
55417Minneapolis, MN 554174.5 mi44$16,892,436$346,225$383,919
55412Minneapolis, MN 554124.7 mi80$19,413,040$243,000$242,663
55416Minneapolis, MN 554165.0 mi108$77,904,180$427,500$721,335
55410Minneapolis, MN 554105.3 mi60$71,385,360$931,500$1,189,756

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55454?

As of June 2026, there are 9 active listings in MINNEAPOLIS, MN (zip code 55454), compared to 15 the prior year.

What is the median home price in MINNEAPOLIS, MN 55454?

The median listing price in MINNEAPOLIS, MN 55454 is $118,000 as of June 2026, a 34.4% decrease from $179,824 the prior year.

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

Homes in MINNEAPOLIS, MN 55454 spend an average of 140 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55454?

Based on current inventory and days-on-market data as of June 2026, MINNEAPOLIS, MN 55454 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 140 days on market compared to 68 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 55454 save an estimated $2,360 compared to a typical 5% commission on the median listing price of $118,000. 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.