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 →