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Market Snapshot

Median listing price
$225K

The median listing price in Minneapolis, MN ZIP 55411 is $224,500 as of June 2026.

Median rent
$1,800/mo

The median market rent in Minneapolis, MN ZIP 55411 is $1,800/month as of June 2026.

Days on market
277 days

The median days on market in Minneapolis, MN ZIP 55411 is 277 days as of June 2026. The market is currently neutral.

Gross rental yield
9.62%

At a median list price of $224,500 and a median rent of $1,800/month, the gross rental yield in Minneapolis, MN ZIP 55411 is 9.62% as of June 2026.

STR vs LTR
$2,120/mo STR · $1,800/mo LTR

In Minneapolis, MN ZIP 55411, median Airbnb revenue is $2,120/month compared to median long-term rent of $1,800/month as of June 2026.

Minneapolis, MN 55411 Real Estate Market Report

ZIP Code: 55411

Report Date: June 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
71
Active Listings
27
Sold Properties
44

Market Metrics

Median Listing Price
$224,500
Median Sold Price
$223,000
Median Price per Sqft
$171/sqft

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
$1,800

Property Taxes

Property Tax Rate
1.32%

Liquidity & Velocity

Median Days on Market
277
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 representative recent sale value is $223,000 (median sold price), which should be treated as the primary indicator of current market value and aligns with the reported up price year-over-year trend.
  2. Seller expectations show limited dispersion: the $224,500 median listing price sits close to the $223,000 median sold price, which suggests relatively small listing-to-sale gaps and stable seller expectations in pricing.
  3. Liquidity appears slow: the 277 median days on market points to slower sales velocity and, when combined with the observed relatively constrained active supply in the analyzed sample, suggests ongoing pricing friction and that listings may require extended marketing time before sale; pricing should be set with that timeline in mind. slower
  4. Rental fundamentals support investor interest: the $1,800 median market rent and a reported rent year-over-year trend of up indicate strengthening rent revenue potential, but moderate interest rate pressure (moderate) could limit financing-driven buyer activity in the near term.

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

1401 Fremont Ave N, Minneapolis, MN 55411
Top Sale

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

4 beds3 baths3,200 sqft
$535,000
Apr 1, 2026
$167/sqft/sqft
252 days on market
1110 Thomas Ave N, Minneapolis, MN 55411
Premium

Sold above market average

5 beds2 baths1,782 sqft
$453,000
Apr 1, 2026
$254/sqft/sqft
101 days on market
2200 Dupont Ave N, Minneapolis, MN 55411
Value

Sold below market average

4 beds2 baths3,200 sqft
$434,900
Apr 1, 2026
$136/sqft/sqft
283 days on market
1651 Thomas Ave N, Minneapolis, MN 55411
Market Benchmark

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

3 beds1 baths1,000 sqft
$229,000
Apr 1, 2026
$229/sqft/sqft
109 days on market
1635 Sheridan Ave N, Minneapolis, MN 55411
Market Benchmark

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

3 beds2 baths1,646 sqft
$220,000
May 1, 2026
$134/sqft/sqft
116 days on market
1415 14th Ave N, Minneapolis, MN 55411
Market Benchmark

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

3 beds1 baths1,245 sqft
$220,000
Apr 1, 2026
$177/sqft/sqft
2156 days on market
3023 Sheridan Ave N, Minneapolis, MN 55411
Value

Sold below market average

2 beds1 baths1,036 sqft
$105,000
Mar 1, 2026
$101/sqft/sqft
2213 Oak Park Ave N, Minneapolis, MN 55411
Value

Sold below market average

2 beds1 baths1,200 sqft
$104,000
Apr 1, 2026
$87/sqft/sqft
126 days on market

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

$362/mo
55411 Avg Rent
55411 Cost to Own
Rent$1,800
Own$1,438

20% down, 6.50% rate, 1.3% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

55411 Avg nightly rate
55411 Avg occupancy (days/year)
Nightly rate$205/night
Occupancy88 of 365 days

Data Sources

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

Report generated: 6/1/2026

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