Market Snapshot
- Median listing price
- $240K
- Median rent
- $1,500/mo
- Days on market
- 250 days
- Gross rental yield
- 7.50%
- STR vs LTR
- $1,855/mo STR · $1,500/mo LTR
The median listing price in Minneapolis, MN ZIP 55412 is $239,900 as of June 2026.
The median market rent in Minneapolis, MN ZIP 55412 is $1,500/month as of June 2026.
The median days on market in Minneapolis, MN ZIP 55412 is 250 days as of June 2026. The market is currently hot.
At a median list price of $239,900 and a median rent of $1,500/month, the gross rental yield in Minneapolis, MN ZIP 55412 is 7.50% as of June 2026.
In Minneapolis, MN ZIP 55412, median Airbnb revenue is $1,855/month compared to median long-term rent of $1,500/month as of June 2026.
Minneapolis, MN 55412 Real Estate Market Report
ZIP Code: 55412
Report Date: June 2026
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
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
Market Trends & Context
Understanding Market Temperature
A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in the 55412 area average approximately 6.6% as of June 2026, reflecting a stable interest rate environment for property owners in this market.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The primary indicator of market value is the median sold price, which currently stands at 232,700, while the median listing price is 239,900, indicating a modest gap between asking and transaction levels that may reflect seller optimism versus final sale outcomes.
- Local price momentum is down year-over-year while the market remains hot overall; this divergence suggests short-term softening in sale prices despite strong demand conditions and competitive market dynamics.
- Transaction liquidity shows slower sales velocity with a median days on market of 250, and observed conditions point to relatively constrained active supply in the analyzed sample, which may support price resiliency even as recorded sales trend lower.
- Rental fundamentals are strengthening with a median market rent of 1,500 and a up rent year-over-year trend; combined with moderate interest rate pressure and local 30-year fixed rates around 6.6%, this supports continued investor and landlord interest in the SFR and condo segments.
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
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% 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: 6/1/2026
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