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Data as of February 2026. Source: Realtor.com.
The MINNEAPOLIS, MN real estate market (55407) currently shows 47 active listings, with 17 pending sales. Homes are averaging 33 days on the market before going under contract.
Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 33 days on market compared to 56 days last year.
The median listing price has risen 17.5% year-over-year, from $219,175 to $257,500.
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.
Population: 36,997 · Density: 3,558.4/mi² · Median household income: $74,518
Typical home value: $290,450 · Homeownership: 60.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55407 | Minneapolis, MN 55407 | 0.0 mi | 39 | $9,254,778 | $230,000 | $237,302 |
| 55406 | Minneapolis, MN 55406 | 1.6 mi | 41 | $14,767,954 | $322,400 | $360,194 |
| 55408 | Minneapolis, MN 55408 | 2.1 mi | 57 | $16,845,609 | $229,500 | $295,537 |
| 55454 | Minneapolis, MN 55454 | 2.5 mi | 11 | $1,589,269 | $144,950 | $144,479 |
| 55415 | Minneapolis, MN 55415 | 2.8 mi | 41 | $26,629,377 | $399,900 | $649,497 |
| 55402 | Minneapolis, MN 55402 | 3.0 mi | 0 | $0 | $599,000 | $599,000 |
| 55410 | Minneapolis, MN 55410 | 3.5 mi | 54 | $62,155,728 | $950,000 | $1,151,032 |
| 55401 | Minneapolis, MN 55401 | 3.6 mi | 64 | $42,014,528 | $376,950 | $656,477 |
| 55105 | Saint Paul, MN 55105 | 4.2 mi | 38 | $23,136,946 | $505,000 | $608,867 |
| 55116 | Saint Paul, MN 55116 | 4.4 mi | 33 | $20,332,257 | $479,900 | $616,129 |
| 55416 | Minneapolis, MN 55416 | 4.5 mi | 98 | $64,156,288 | $375,000 | $654,656 |
| 55424 | Minneapolis, MN 55424 | 4.7 mi | 27 | $52,012,557 | $1,950,000 | $1,926,391 |
| 55411 | Minneapolis, MN 55411 | 5.0 mi | 66 | $16,138,518 | $235,000 | $244,523 |
As of February 2026, there are 47 active listings in MINNEAPOLIS, MN (zip code 55407), compared to 56 the prior year.
The median listing price in MINNEAPOLIS, MN 55407 is $257,500 as of February 2026, a 17.5% increase from $219,175 the prior year.
Homes in MINNEAPOLIS, MN 55407 spend an average of 33 days on the market before going under contract, compared to 56 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MINNEAPOLIS, MN 55407 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 33 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55407 save an estimated $5,150 compared to a typical 5% commission on the median listing price of $257,500. 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.