Minneapolis, MN 55418 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. The neighborhood’s representative recent sale is $328,500 as shown by the median sold price, which should be treated as the primary market-value indicator and reflects realized transaction levels in the current sample.
2. The median listing price is $367,500, which, alongside the median sold price of $328,500, suggests pricing friction between seller expectations and closed transactions and may indicate that some listings are positioned above what recent buyers are paying.
3. Liquidity appears muted: the median days on market is 258, which points to slower sales velocity and suggests that properties are taking substantially longer to transact than in faster-moving markets; combined with a relatively constrained active supply sample this may require stronger marketing or price alignment to accelerate sales.
4. Market context is broadly balanced: the price year-over-year trend is flat (flat), the market temperature is neutral (neutral), rent is up (up), and interest rate pressure is moderate (moderate), indicating stable pricing with rising rental demand and moderate financing headwinds for buyers.

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.