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Minneapolis, MN 55412 Housing Market

Data snapshot: October 19, 2026. Closed-sale window: last 6 months.
Minneapolis, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 3636PendingPending sales: 33
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): $234k$234kSoldMedian sold price (last 6 months): $230k$230k
What homes actually sell for in Minneapolis, MN
Distribution of 235 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $180k to $290k
$90k to $130k: 16 sales$90k$130k to $170k: 21 sales$170k to $210k: 36 sales$170k$210k to $250k: 53 sales53sales$250k to $290k: 37 sales$250k$290k to $330k: 30 sales$330k to $370k: 12 sales$330k$370k to $410k: 7 salesMedian $230k

What the numbers say

As of October 19, 2026, Resideline is tracking 36 active listings and 3 pending sales in ZIP code 55412. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $234,500, while the median of the 235 closed sales Resideline tracked over the last six months was $230,000. 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 56 days.

Frequently asked questions

What is the median home price in 55412?

The median closed sale price in Minneapolis, MN 55412 was $230,000 over the last six months, based on 235 closed sales tracked by Resideline. The middle half of those sales ranged from $179,900 to $290,000.

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

Resideline is currently tracking 3 pending sales against 36 active listings in 55412, a pending-to-active ratio of 0.08. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 55412 currently looks like a balanced market.

Nearby ZIP code market data

Full Minneapolis, MN housing market report →

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