Minneapolis, MN 55402 housing market

Data through Sep 2026 · Balanced market · leverage 18

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Buyer Leverage Score

Sep 2026

Months of Supply

3.0 months

Jun 2023

Days on Market

72 days

Sep 2026

Price Cut %

0.0%

Sep 2026

Sale-to-List Ratio

94.4%

Nov 2024

Rental Rate

$1,687/mo

Aug 2026

Expected Disaster Loss

$53

Dec 2025

What this means

Supply. Listings are 50% below the 2017-19 norm: still a tight market.
Negotiating. Buyer leverage is low (18/100; U.S.: 54): homes sell for about 5.6% below their final list price (as of Nov 2024); 0% of listings had a price cut (U.S.: 26%).
Disaster risk. FEMA expects about $53 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from tornadoes, hail and wind.

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Other ZIP codes in Hennepin County, MN

Area	Home value	1-year change	Buyer leverage
Maple Grove, MN 55369	$392.8K	+1.8%	31
Maple Grove, MN 55311	$495.1K	+1.6%	21
Minneapolis, MN 55407	$316.2K	+0.3%	38
Richfield, MN 55423	$346.7K	+1.7%	34
Minneapolis, MN 55406	$346K	+2.1%	13
Saint Louis Park, MN 55416	$409.9K	−0.8%	46
Minneapolis, MN 55414	$340.1K	−1.9%	61
Brooklyn Park, MN 55443	$381K	+0.1%	35
New Hope, MN 55428	$318.7K	+1.9%	33
Minneapolis, MN 55408	$288.6K	+1.4%	53
Minneapolis, MN 55418	$351.8K	+2.4%	34
Eden Prairie, MN 55347	$569.7K	+3.1%	18
Minneapolis, MN 55419	$498K	+3.9%	17
Minneapolis, MN 55404	$235.8K	+0.3%	69
Golden Valley, MN 55422	$339K	+1.8%	29
Plymouth, MN 55446	$619K	+1.9%	23
Minneapolis, MN 55411	$241.9K	+1.2%	57
Hopkins, MN 55343	$346.4K	+2.5%	45
Brooklyn Center, MN 55429	$299.9K	+0.5%	39
Saint Louis Park, MN 55426	$371.6K	+2.1%	33
Minneapolis, MN 55417	$378K	+1.6%	17
New Hope, MN 55427	$365.6K	+1.9%	35
Minneapolis, MN 55412	$234.3K	+1.4%	46
Bloomington, MN 55420	$334.7K	+1.8%	23
Champlin, MN 55316	$372.8K	+1.5%	19
Brooklyn Center, MN 55430	$278.8K	+0.5%	39
Minnetonka, MN 55305	$461.3K	+2.7%	29
Plymouth, MN 55447	$496.8K	+1.9%	24
Minnetonka, MN 55345	$537.3K	+3.0%	22
Minneapolis, MN 55410	$598.5K	+3.8%	16
Shorewood, MN 55331	$828.2K	+3.6%	11
Bloomington, MN 55437	$394.7K	+2.4%	39
Bloomington, MN 55431	$375.9K	+1.2%	28
Eden Prairie, MN 55346	$487.2K	+2.7%	35
Plymouth, MN 55441	$460K	+3.0%	12
Minneapolis, MN 55403	$187.9K	−7.4%	94
Minneapolis, MN 55405	$466.6K	+3.4%	50
Rogers, MN 55374	$478.1K	+1.0%	48
Brooklyn Park, MN 55444	$335.7K	+0.6%	19
Bloomington, MN 55438	$406.3K	+2.4%	22
Woodland, MN 55391	$1M	+5.5%	33
Minneapolis, MN 55413	$320.7K	−3.4%	44
Edina, MN 55436	$638.3K	+3.9%	24
Edina, MN 55435	$209.8K	−8.1%	73
Mound, MN 55364	$533.4K	+2.5%	45
Eden Prairie, MN 55344	$347K	0.0%	36
Brooklyn Park, MN 55445	$359K	+1.7%	52
Plymouth, MN 55442	$470.2K	+1.5%	35
Minneapolis, MN 55401	$291.4K	−3.7%	84
Minneapolis, MN 55409	$377.6K	+2.5%	12
Bloomington, MN 55425	$325.2K	−7.6%	77
Edina, MN 55424	$1M	+6.7%	10
Corcoran, MN 55340	$684.9K	+0.2%	44
Edina, MN 55439	$691.9K	+2.9%	19
Minneapolis, MN 55454	$149.3K	−5.3%	71
Independence, MN 55359	$608.1K	+3.7%	33
Minneapolis, MN 55415	$319.7K	−15.5%	67
Dayton, MN 55327	$501.1K	+1.4%	21
Rockford, MN 55373	$377.2K	+0.5%	49
Orono, MN 55356	$811.1K	+4.9%	17
ZIP 55455	–	–	–
Saint Bonifacius, MN 55375	$451K	+1.9%	26
Greenfield, MN 55357	$526.7K	+3.3%	46
Spring Park, MN 55384	$583K	+5.9%	37
Saint Paul, MN 55111	–	–	–
ZIP 55450	–	–	–