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Brooklyn Center, MN 55430 Real Estate Market Report

ZIP Code: 55430
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
67
Active Listings
11
Sold Properties
56

Market Metrics

Median Listing Price
$289,900
Median Sold Price
$275,000
Median Price per Sqft
$249/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,300

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.34%

Liquidity & Velocity

Median Days on Market
257
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. The neighborhood's primary market value indicator, median sold price, is $275,000, which—when compared to the median listing price of $289,900—suggests a gap between seller expectations and recent transaction values; this gap may indicate pricing friction for sellers rather than rapid upside for buyers.

  2. Liquidity appears slow: the representative median days on market is 257, which suggests slower sales velocity and that properties may require longer marketing periods to reach a completed transaction; price negotiation pressure should be anticipated on listings that remain exposed beyond this timeframe.

  3. Pricing and rental context show mixed but constructive signals: the median price per square foot is $249 alongside a median market rent of $1,300, and rents are trending up year-over-year; this combination may support buy-to-rent strategies where acquisition pricing aligns with rent levels and operating assumptions.

  4. Market balance is broadly neutral: reported market temperature is neutral and interest rate pressure is moderate, while sample data indicate relatively constrained active supply—together these factors suggest a balanced market where neither buyers nor sellers hold a decisive structural advantage and tactical pricing and marketing will drive outcomes.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

5053 Girard Ave N, Minneapolis, MN 55430
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
4 baths
1,832 sqft
$430,000
Mar 1, 2026
$235/sqft/sqft
183 days on market
700 68th Ln N, Brooklyn Center, MN 55430
Value

Sold below market average

4 beds
2 baths
2,302 sqft
$425,000
Apr 1, 2026
$185/sqft/sqft
80 days on market
5259 Humboldt Ave N, Minneapolis, MN 55430
Value

Sold below market average

4 beds
3 baths
2,711 sqft
$383,000
Apr 1, 2026
$141/sqft/sqft
114 days on market
4933 Fremont Ave N, Minneapolis, MN 55430
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,140 sqft
$273,000
Mar 1, 2026
$239/sqft/sqft
113 days on market
5404 Fremont Ave N, Brooklyn Center, MN 55430
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,244 sqft
$270,000
Apr 1, 2026
$217/sqft/sqft
92 days on market
4934 Oliver Ave N, Minneapolis, MN 55430
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,470 sqft
$270,000
Feb 1, 2026
$184/sqft/sqft
162 days on market
7231 Morgan Ave N, Brooklyn Center, MN 55430
Value

Sold below market average

5 beds
1 baths
1,000 sqft
$131,000
Mar 1, 2026
$131/sqft/sqft
5736 Logan Ave N, Brooklyn Center, MN 55430
Value

Sold below market average

2 beds
1 baths
888 sqft
$120,000
Apr 1, 2026
$135/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$479/mo
55430 Avg Rent
55430 Cost to Own
Rent$1,300
Own$1,779

20% down, 6.5% rate, 1.3% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

55430 Avg nightly rate
55430 Avg occupancy (days/year)
Nightly rate$127/night
Occupancy146 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/1/2026

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