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Data as of February 2026. Source: Realtor.com.
The MINNEAPOLIS, MN real estate market (55408) currently shows 62 active listings, with 19 pending sales. Homes are averaging 81 days on the market before going under contract.
Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 81 days on market compared to 42 days last year.
The median listing price has fallen 28.8% year-over-year, from $308,750 to $219,900.
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: 32,312 · Density: 4,643.2/mi² · Median household income: $70,158
Typical home value: $375,425 · Homeownership: 24.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55408 | Minneapolis, MN 55408 | 0.0 mi | 57 | $16,845,609 | $229,500 | $295,537 |
| 55403 | Minneapolis, MN 55403 | 1.9 mi | 51 | $22,088,559 | $337,450 | $433,109 |
| 55404 | Minneapolis, MN 55404 | 2.0 mi | 48 | $10,661,376 | $210,000 | $222,112 |
| 55410 | Minneapolis, MN 55410 | 2.4 mi | 54 | $62,155,728 | $950,000 | $1,151,032 |
| 55402 | Minneapolis, MN 55402 | 2.5 mi | 0 | $0 | $599,000 | $599,000 |
| 55415 | Minneapolis, MN 55415 | 2.8 mi | 41 | $26,629,377 | $399,900 | $649,497 |
| 55401 | Minneapolis, MN 55401 | 3.1 mi | 64 | $42,014,528 | $376,950 | $656,477 |
| 55406 | Minneapolis, MN 55406 | 3.6 mi | 41 | $14,767,954 | $322,400 | $360,194 |
| 55417 | Minneapolis, MN 55417 | 3.9 mi | 38 | $15,490,358 | $365,000 | $407,641 |
| 55426 | Minneapolis, MN 55426 | 4.4 mi | 57 | $18,829,779 | $299,900 | $330,347 |
| 55423 | Minneapolis, MN 55423 | 4.7 mi | 68 | $19,539,392 | $315,000 | $287,344 |
| 55422 | Minneapolis, MN 55422 | 5.1 mi | 64 | $27,817,856 | $345,000 | $434,654 |
| 55435 | Minneapolis, MN 55435 | 5.3 mi | 39 | $11,873,121 | $147,450 | $304,439 |
As of February 2026, there are 62 active listings in MINNEAPOLIS, MN (zip code 55408), compared to 70 the prior year.
The median listing price in MINNEAPOLIS, MN 55408 is $219,900 as of February 2026, a 28.8% decrease from $308,750 the prior year.
Homes in MINNEAPOLIS, MN 55408 spend an average of 81 days on the market before going under contract, compared to 42 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MINNEAPOLIS, MN 55408 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 81 days on market compared to 42 days last year.
With SELL123.com's maximum 3% commission, sellers in MINNEAPOLIS, MN 55408 save an estimated $4,398 compared to a typical 5% commission on the median listing price of $219,900. 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.