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Area data

Minneapolis, MN — ZIP 55419

Population: 29,738 (Census ACS)

Home values & appreciation

Median home value
$502,390
1-year appreciation
+3.8%
3-year appreciation
+8.2%
5-year appreciation
+11.9%
10-year appreciation
+47.9%
All-time peak (2026-07)
$502,390
House Price Index
429.3 (+3.3% YoY)

Market activity

Median sale price
$555,000
Median list price
$575,000
Median days on market
10.5 days
Sale-to-list ratio
102.3%
Active listings
29
1-year forecast
-0.5%
Days to pending
24 days
New listings (monthly)
46

Rents

Typical rent
$1,774/mo
1BR fair-market rent
$943/mo
3BR fair-market rent
$1,529/mo

Affordability

Cost of living index (Average)
97.5 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
9
Elementary schools
6
Middle schools
2
High schools
1
Charter schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, hail, strongWind, tornado, winterWeather
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Annual precipitation
34.0 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
52
Days with Good air quality
173
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
13.8 / 20
Transit service frequency
490

Amenities

National parks within ~60 mi
1
Nearest national park
Mississippi National River & Recreation Area (10 mi)
Nearest airport
Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP) (4 mi)
Nearest major airport
Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP) (4 mi)
Hospitals nearby (~15 mi)
16
Avg hospital rating
3.7 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-6,126 tax filers

Housing stock

Median year housing built
1,938
Median annual property tax
$6,462
Mean commute to work
13 min
Households with broadband internet
89.4%

Employment & development

Total county employment
825,553
Average weekly wage
$1,697
Top industries (by employment)
Health Care, Professional Services, Finance & Insurance
Annual residential building permits (county)
2,044

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