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MINNEAPOLIS, MN 55432

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

Market Analysis

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

The MINNEAPOLIS, MN real estate market (55432) currently shows 40 active listings, with 19 pending sales. Homes are averaging 20 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 20 days on market compared to 23 days last year.

The median listing price has risen 5.7% year-over-year, from $302,675 to $319,900.

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.

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Market Context

Market Context

Population: 32,670  ·  Density: 1,277.0/mi²  ·  Median household income: $75,288

Typical home value: $257,708  ·  Homeownership: 63.0%

Market Overview

Active Listings
40
vs 40 last year
Pending
19
48% pending ratio
Median Price
$319,900
⇧ 5.7% vs $302,675 last year
Average Price
$324,769
⇧ 10.8% vs $293,055 last year
Days on Market
20
⇩ 13% vs 23 days last year

Price Per Square Foot

Median $/sqft
$189
⇧ 6.2% vs $178/sqft last year
Median Home Size
1,620 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 20 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $319,900 (+5.7% YoY)
  • Average: $324,769 (+10.8% 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 8.4 miles — 627 listings ($264,982,820 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55432Minneapolis, MN 554320.0 mi35$10,179,155$302,500$290,833
55421Minneapolis, MN 554213.2 mi46$15,284,144$299,900$332,264
55112Saint Paul, MN 551123.4 mi62$29,501,398$399,900$475,829
55429Minneapolis, MN 554294.8 mi48$12,650,592$281,250$263,554
55418Minneapolis, MN 554185.3 mi40$12,197,240$317,450$304,931
55433Minneapolis, MN 554335.4 mi42$13,442,100$319,999$320,050
55449Minneapolis, MN 554496.0 mi101$56,597,168$567,215$560,368
55428Minneapolis, MN 554286.6 mi53$15,292,567$305,000$288,539
55448Minneapolis, MN 554486.9 mi44$15,930,332$372,500$362,053
55422Minneapolis, MN 554227.3 mi64$27,817,856$345,000$434,654
55401Minneapolis, MN 554017.8 mi64$42,014,528$376,950$656,477
55414Minneapolis, MN 554148.3 mi28$14,075,740$312,400$502,705
55402Minneapolis, MN 554028.4 mi0$0$599,000$599,000

Frequently Asked Questions

How many homes are for sale in MINNEAPOLIS, MN 55432?

As of February 2026, there are 40 active listings in MINNEAPOLIS, MN (zip code 55432), compared to 40 the prior year.

What is the median home price in MINNEAPOLIS, MN 55432?

The median listing price in MINNEAPOLIS, MN 55432 is $319,900 as of February 2026, a 5.7% increase from $302,675 the prior year.

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

Homes in MINNEAPOLIS, MN 55432 spend an average of 20 days on the market before going under contract, compared to 23 days the prior year.

Is it a seller's or buyer's market in MINNEAPOLIS, MN 55432?

Based on current inventory and days-on-market data as of February 2026, MINNEAPOLIS, MN 55432 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 20 days on market compared to 23 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 55432 save an estimated $6,398 compared to a typical 5% commission on the median listing price of $319,900. 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.