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Minneapolis, MN 55412 Housing Market

Data snapshot: November 9, 2026. Closed-sale window: last 6 months.
Minneapolis, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 3838PendingPending sales: 44
Minneapolis, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $245k$245kSoldMedian sold price (last 6 months): $232k$232k
What homes actually sell for in Minneapolis, MN
Distribution of 225 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $188k to $290k
$95k to $134k: 14 sales$95k$134k to $174k: 22 sales$174k to $213k: 38 sales$174k$213k to $252k: 50 sales50sales$252k to $292k: 35 sales$252k$292k to $331k: 25 sales$331k to $371k: 12 sales$331k$371k to $410k: 6 salesMedian $232k

What the numbers say

As of November 9, 2026, Resideline is tracking 38 active listings and 4 pending sales in ZIP code 55412. That pending-to-active ratio of 0.11 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $244,900, while the median of the 225 closed sales Resideline tracked over the last six months was $232,500. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 55412 for 74 days.

Frequently asked questions

What is the median home price in 55412?

The median closed sale price in Minneapolis, MN 55412 was $232,500 over the last six months, based on 225 closed sales tracked by Resideline. The middle half of those sales ranged from $188,000 to $290,000.

Is 55412 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 38 active listings in 55412, a pending-to-active ratio of 0.11. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,798 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.12. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 55412 is currently a typical-pace market.

Nearby ZIP code market data

Full Minneapolis, MN housing market report →

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