Minneapolis, MN 55411 Real Estate Market Report
ZIP Code: 55411
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.
Market Metrics
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
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
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.
Key Findings
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The primary indicator of neighborhood value and recent transaction activity is the median sold price 244,900, which represents the best available measure of realized market value and should guide pricing and valuation decisions.
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Compared with asking levels, the median listing price 219,850 suggests a potential mismatch between seller expectations and recent transactions; this pricing gap may indicate pricing friction and should prompt sellers to align with recent sold comparables when setting offers.
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Liquidity appears muted: the median days on market 267 points to slower sales velocity and a more balanced market temperature, consistent with the reported market temperature of neutral and a price year-over-year trend of flat.
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Rent and financing context: median market rent 1,895 is rising (rent year-over-year trend: up), while interest rate pressure is described as moderate; investors and owner-occupiers should factor rising rents and moderate rate pressure into hold vs. sell decisions.
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Minneapolis, MN 55411 Real Estate Market Report
ZIP Code: 55411
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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.
Market Metrics
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
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Liquidity metrics unavailable due to insufficient data quality.
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.
Key Findings
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median sold price is not available in the provided metrics; this absence may reflect timing or sampling limits in the dataset (recent transactions not yet aggregated or withheld), so rely on per-unit pricing and rent signals for immediate valuation guidance. stable/neutral
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median price per square foot: 204 signals a clear unit-price anchor for valuation comparisons within the ZIP; combined with a flat year-over-year price trend, this suggests limited upside pressure in the short term and supports conservative seller expectations.
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median market rent: 1,895 alongside a up rent year-over-year trend indicates strengthening rental demand, which can support investor interest and justify hold strategies where cash flow assumptions are rent-driven.
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market temperature: neutral with moderate interest rate pressure suggests a balanced transaction environment—pricing appears neither accelerating nor collapsing, and liquidity is consistent with moderate sales velocity and relatively constrained active supply in the analyzed sample, which may cause selective pricing friction for marginal listings.
Notable Properties
The following 2 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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.5% rate, 1.3% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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