Minneapolis, MN 55414 Real Estate Market Report

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

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.

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

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. $379,600 median sold price is the primary indicator of recent market value in 55414 and, given the up year‑over‑year price trend, sellers can reasonably expect modest appreciation—recommend listing strategies that reference recent closed sales rather than relying solely on asking‑price positioning.
2. The 340 median days on market signals slower sales velocity, which may indicate pricing friction or extended marketing windows; sellers should plan for longer listing periods and buyers can expect more negotiation time.
3. Observed pricing context shows a $324,900 median listing price alongside the median sold price, suggesting a gap between asking and transaction prices; with a relatively constrained active supply in the sample, price realism against recent sales is critical to maintain liquidity.
4. Rents are firm—$1,800 median market rent with a up rent trend—supporting hold strategies for investors, while the $241 median price per square foot and moderate interest rate pressure (30‑year ~6.7%) suggest underwritten deals should stress test financing sensitivity and longer time‑to‑exit assumptions.

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.