Minneapolis, MN 55414 Real Estate Market Report

ZIP Code: 55414
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.

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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.

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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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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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.

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Key Findings

1. The neighborhood's representative recent sale is 335,000, which should be treated as the primary indicator of current market value and recent transaction activity; given the extended median days on market of 315, this appears to reflect slower sales velocity and pricing friction rather than rapid turnover.

2. Price per unit area is anchored at 255 dollars per square foot, supporting the median sold price and suggesting that valuation is consistent across deals; combined with a market temperature described as neutral, this alignment points to a balanced pricing environment with limited directional pressure.

3. Rent signals are divergent: median market rent is 1,995 and rent year-over-year trend is reported as up, which may sustain investor interest and owner-occupier affordability pressures even as sales pace cools—this dynamic indicates up rental momentum amid slower sales.

4. Inventory in the analyzed sample is described as relatively constrained active supply, which, together with a neutral market temperature and moderate interest rate pressure, suggests buyers have some negotiation leverage while pricing remains generally stable; treat liquidity as moderate with neutral overall market balance.

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Notable Properties

The following 6 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.

Minneapolis, MN 55414 Real Estate Market Report

ZIP Code: 55414
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.

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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.

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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.

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Rental Market

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.

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Property Taxes

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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.

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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.

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Key Findings

1. 372,450 — The median sold price is the primary indicator of recent market value and transaction activity in 55414; this level, combined with a neutral market temperature, suggests a stabilizing market with modest price appreciation rather than rapid movement.

2. 336 — The median days on market is long, which may indicate slower sales velocity and pricing friction that gives buyers more negotiation leverage despite the recorded median sold price.

3. 256,000 vs 372,450 — The gap between the median listing price and the median sold price may indicate sampling dispersion or seller-listing vs actual transaction mismatches and pricing dispersion; sellers and appraisers should expect variability and validate comps carefully.

4. 1,750 and rent trend up — The median market rent combined with a rent year-over-year trend of up suggests continued strength in rental demand for some housing segments, while moderate interest rate pressure suggests financing costs remain a meaningful constraint for buyers.

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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.