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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.

Analysis Window
90 Days
Total Properties Analyzed
78
Active Listings
35
Sold Properties
43

Market Metrics

Median Listing Price
$219,850
Median Sold Price
$244,900
Median Price per Sqft
$178/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
$1,895

Property Taxes

Property Tax Rate
1.33%

Liquidity & Velocity

Median Days on Market
267
Sale-to-List Ratio
100.0%

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.

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

Key Findings

  1. 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.

  2. 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.

  3. 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.

  4. 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

1110 Thomas Ave N, Minneapolis, MN 55411
Top Sale

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

5 beds
3 baths
2,524 sqft
$453,000
Apr 1, 2026
$179/sqft/sqft
70 days on market
1011 Vincent Ave N, Minneapolis, MN 55411
Premium

Sold above market average

3 beds
2 baths
1,888 sqft
$380,000
Mar 1, 2026
$201/sqft/sqft
1245 Queen Ave N, Minneapolis, MN 55411
Premium

Sold above market average

3 beds
1 baths
1,350 sqft
$360,000
Feb 1, 2026
$267/sqft/sqft
122 days on market
1942 Oliver Ave N, Minneapolis, MN 55411
Market Benchmark

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

4 beds
2 baths
1,734 sqft
$230,000
Apr 1, 2026
$133/sqft/sqft
235 days on market
1651 Thomas Ave N, Minneapolis, MN 55411
Market Benchmark

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

3 beds
1 baths
1,000 sqft
$229,000
Apr 1, 2026
$229/sqft/sqft
78 days on market
2726 Colfax Ave N, Minneapolis, MN 55411
Market Benchmark

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

2 beds
1 baths
1,028 sqft
$216,000
Feb 1, 2026
$210/sqft/sqft
3023 Sheridan Ave N, Minneapolis, MN 55411
Value

Sold below market average

2 beds
1 baths
1,036 sqft
$105,000
Mar 1, 2026
$101/sqft/sqft
2729 N 3rd St, Minneapolis, MN 55411
Value

Sold below market average

3 beds
3 baths
1,682 sqft
$94,000
Mar 1, 2026
$56/sqft/sqft

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.

Analysis Window
90 Days
Total Properties Analyzed
46
Active Listings
3
Sold Properties
43

Market Metrics

Median Listing Price
$144,900
Median Sold Price
$272,000
Median Price per Sqft
$204/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
$1,895

Property Taxes

Property Tax Rate
1.28%

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.

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

Key Findings

  1. 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

  2. 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.

  3. 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.

  4. 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

2311 River Pointe Cir, Minneapolis, MN 55411
Top Sale

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

3 beds
3 baths
3,327 sqft
$699,900
Jun 1, 2025
$210/sqft/sqft
690 days on market
1800 New York Ave N, Minneapolis, MN 55411
Premium

Sold above market average

2 beds
2 baths
1,158 sqft
$600,000
Jan 1, 2026
$518/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

$314/mo
55411 Avg Rent
55411 Cost to Own
Rent$1,895
Own$1,581

20% down, 6.5% 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$214/night
Occupancy85 of 365 days

Data Sources

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

Report generated: 5/1/2026

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