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Area data

Minneapolis, MN — ZIP 55405

Population: 17,198 (Census ACS)

Home values & appreciation

Median home value
$472,783
1-year appreciation
+3.2%
3-year appreciation
+5.5%
5-year appreciation
+7.0%
10-year appreciation
+39.1%
All-time peak (2026-07)
$472,783
House Price Index
442.4 (+2.4% YoY)

Market activity

Median sale price
$629,900
Median list price
$609,450
Median days on market
27.5 days
Sale-to-list ratio
96.4%
Active listings
10
1-year forecast
-0.5%
New listings (monthly)
17

Rents

Typical rent
$1,411/mo
1-year rent change
+3.2%
1BR fair-market rent
$742/mo
3BR fair-market rent
$1,353/mo

Affordability

30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Housing stock

Median year housing built
1,938
Median annual property tax
$6,035
Mean commute to work
15 min
Households with broadband internet
87.1%

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents