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Bryant Central East Harriet Field King Field Linden Hills Lynnhurst Powderhorn Regina Southwest Tangletown

MINNEAPOLIS, MN 55409

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 55409

Bryant · Central · East Harriet · Field · King Field · Linden Hills · Lynnhurst · Powderhorn · Regina · Southwest · Tangletown

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55409) currently shows 18 active listings, with 6 pending sales. Homes are averaging 31 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 selling faster, averaging 31 days on market compared to 36 days last year.

The median listing price has fallen 20.1% year-over-year, from $393,700 to $314,663.

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: 11,235  ·  Density: 3,315.8/mi²  ·  Median household income: $94,162

Typical home value: $345,679  ·  Homeownership: 69.6%

Market Overview

Active Listings
18
⇧ 28.6% vs 14 last year
Pending
6
33% pending ratio
Median Price
$314,663
⇩ 20.1% vs $393,700 last year
Average Price
$412,012
⇩ 0.5% vs $413,935 last year
Days on Market
31
⇩ 13.9% vs 36 days last year

Price Per Square Foot

Median $/sqft
$236
⇧ 0.9% vs $234/sqft last year
Median Home Size
1,422 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 14 last year
  • Days on market: 31 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $314,663 (-20.1% YoY)
  • Average: $412,012 (-0.5% 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 5.6 miles — 451 listings ($342,085,798 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55409Minneapolis, MN 554090.0 mi16$5,330,336$295,000$333,146
55407Minneapolis, MN 554071.4 mi39$9,254,778$230,000$237,302
55410Minneapolis, MN 554102.1 mi54$62,155,728$950,000$1,151,032
55403Minneapolis, MN 554032.8 mi51$22,088,559$337,450$433,109
55405Minneapolis, MN 554053.0 mi25$43,813,925$899,900$1,752,557
55402Minneapolis, MN 554023.2 mi0$0$599,000$599,000
55415Minneapolis, MN 554153.3 mi41$26,629,377$399,900$649,497
55454Minneapolis, MN 554543.4 mi11$1,589,269$144,950$144,479
55401Minneapolis, MN 554013.8 mi64$42,014,528$376,950$656,477
55435Minneapolis, MN 554354.7 mi39$11,873,121$147,450$304,439
55436Minneapolis, MN 554364.9 mi53$87,346,491$534,500$1,648,047
55413Minneapolis, MN 554135.1 mi20$6,852,740$332,495$342,637
55105Saint Paul, MN 551055.6 mi38$23,136,946$505,000$608,867

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55409?

As of February 2026, there are 18 active listings in MINNEAPOLIS, MN (zip code 55409), compared to 14 the prior year.

What is the median home price in MINNEAPOLIS, MN 55409?

The median listing price in MINNEAPOLIS, MN 55409 is $314,663 as of February 2026, a 20.1% decrease from $393,700 the prior year.

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

Homes in MINNEAPOLIS, MN 55409 spend an average of 31 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55409?

Based on current inventory and days-on-market data as of February 2026, MINNEAPOLIS, MN 55409 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 36 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 55409 save an estimated $6,293 compared to a typical 5% commission on the median listing price of $314,663. 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.