Minneapolis, MN 55419 Real Estate Market Report

ZIP Code: 55419
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

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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 55419 market average 6.34%, reflecting the prevailing interest rate environment for property owners in this area as of May 2026.

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

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Key Findings

1. The neighborhood’s primary market value indicator, median sold price 469,900, signals moderate price appreciation with the price year-over-year trend shown as up, supporting the view that recent transactions are firm rather than weak.

2. There is a notable spread between median listing price 594,900 and median sold price 469,900, which may indicate pricing friction or seller expectations exceeding realized transaction prices and suggests buyers can negotiate toward recent sale levels.

3. Liquidity appears muted: median days on market 239 points to slower sales velocity and extended marketing times, even though the market temperature is characterized as neutral, suggesting a generally balanced market rather than a sharply one-sided market.

4. Rental fundamentals remain supportive for investors with median market rent 2,000 and a rent year-over-year trend of up, while interest rate pressure is assessed as moderate with 30-year fixed rates around 6.34%, a factor that may temper buyer affordability and investor leverage decisions.

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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.

Minneapolis, MN 55419 Real Estate Market Report

ZIP Code: 55419
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

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Property Taxes

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Liquidity & Velocity

Liquidity metrics unavailable due to insufficient data quality.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 55419 market average 6.34%, reflecting the prevailing interest rate environment for property owners in this area as of May 2026.

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

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Key Findings

1. median sold price is not available in the provided metrics, so a precise, transaction-backed market value cannot be stated from this dataset; the metric appears to be missing from the snapshot, which may reflect data-sampling limits or timing differences in the reporting feed.

2. median market rent $1,250 is reported and the rent year-over-year trend is up, indicating strengthening rental cash flows in the area that may support investor demand for SFR and condo assets.

3. market temperature neutral suggests a balanced market rather than a lopsided seller’s or buyer’s market, and with a sample of 50 analyzed sales it appears there is moderate transaction volume and pricing dynamics that favor neither rapid appreciation nor sharp discounting.

4. Current 30-year fixed mortgage rates ... 6.34% reflect the prevailing interest rate environment and, coupled with reported moderate interest rate pressure, may be a constraining factor on buyer leverage and bidding intensity in the near term.

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Notable Properties

The following 7 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.