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ZIP 55409 in Minneapolis, MN: housing market trends

The median home sale price in ZIP 55409 in Minneapolis, MN was $445,869 for the three-month period ending September 2026. Sale prices were 5.2% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$445,869
three-month period ending September 2026
Median sale price per sq ft
$262.91
three-month period ending September 2026
Active listings
68
three-month period ending September 2026
Typical monthly rent
$1,566
Rent index · August 2026

How is housing inventory changing?

There were 68 active listings for the three-month period ending September 2026. Active listings were 1.5% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 17 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 55409 in Minneapolis, MN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$445,869$262.9144
Single-familySeptember 2026$459,884$282.3534
TownhousesSeptember 2026$234,950$155.132 · small sample
Condos / co-opsSeptember 2026$174,995$241.373 · small sample
Multifamily (2–4 units)September 2026$565,000$192.315 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 55409 in Minneapolis, MN
MarketMedian sale priceReporting period / source
Minneapolis, MN$357,000Month ending July 2026 · Zillow
Saint Louis Park, MN$410,000Month ending July 2026 · Zillow
Richfield, MN$360,0793 months ending September 2026 · Redfin
Edina, MN$721,250Month ending July 2026 · Zillow
Golden Valley, MN$457,2823 months ending September 2026 · Redfin
Lauderdale, MN$329,8433 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 55409 in Minneapolis, MN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$445,869$262.9168
August 2026$475,000$266.7373
July 2026$475,000$257.6972
June 2026$475,000$251.0768
May 2026$441,750$258.8862
April 2026$381,000$239.3053
March 2026$378,500$217.6144
February 2026$378,500$178.5333
January 2026$437,500$214.9135
December 2025$442,750$244.9945
November 2025$500,000$257.8955
October 2025$495,000$258.6263
September 2025$470,250$255.3967
August 2025$412,000$245.8565
July 2025$384,890$250.7266
June 2025$365,000$246.0669
May 2025$367,500$251.7260
April 2025$455,000$270.5648
March 2025$482,500$270.5637
February 2025$392,450$245.2133
January 2025$385,000$217.7445
December 2024$340,000$210.5450
November 2024$367,500$237.0363
October 2024$358,000$242.6862

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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