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Area data

Minneapolis, MN — ZIP 55414

Population: 35,007 (Census ACS)

Home values & appreciation

Median home value
$347,009
1-year appreciation
-1.7%
3-year appreciation
-5.8%
5-year appreciation
-8.6%
10-year appreciation
+22.5%
All-time peak (2022-06)
$393,592
House Price Index
442.4 (+2.4% YoY)

Market activity

Median sale price
$387,500
Median list price
$399,000
Median days on market
51.5 days
Sale-to-list ratio
97.7%
Active listings
49
1-year forecast
-0.3%
New listings (monthly)
14

Rents

Typical rent
$1,485/mo
1-year rent change
+1.9%
1BR fair-market rent
$889/mo
3BR fair-market rent
$1,515/mo

Affordability

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

Housing stock

Median year housing built
1,988
Median annual property tax
$5,193
Mean commute to work
16 min
Households with broadband internet
68.7%

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