55423 Home Values & Market Trends

There are 600 homes currently listed for 55423. 55423 real estate market trends show that home prices range from $89,900 to $950,000, and the median sales price in the 55423 zip code is $361,829. The total number of properties sold within the past twelve months is 544. In 55423, 22 properties are in foreclosure, 6 are bank owned properties,and 16 are headed for auction.

55423 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Minneapolis

$ 360,679

$ 293/sqft

Minneapolis

$ 360,679

$ 293/sqft

Housing Market Summary for 55423

Sep 2025September 2026Change
Median Listing Price$364.9K$364.9K-
Median Sold Price$356.2K$233K-34.59%
Homes For Sale32759281.04%
Homes Sold186156-16.13%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 55423

The median list price of a home in Minneapolis, is $361,829. A total of 600 properties are for sale, and the percentage of properties for sale in the zip code is 600.00%. The total count of 55423 properties is 806.

Foreclosure
There are 2 cities within 55423; within these cities, the median estimated home value for homes in foreclosure ranges from $1,895,000 in minneapolis to the lowest value of $45,178 in minneapolis. Foreclosure homes account for 2.00% of properties in 55423 with minneapolis containing 612 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 55423 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 55423; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 55423 ranges from the highest value of $1,153,028 in minneapolis to the lowest value of $70,000 in minneapolis. Bank owned homes and properties account for 0.74% of properties in 55423. There are 2 cities within 55423; minneapolis containing 122 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    minneapolis has 490 auction properties, the highest number of properties going to auction in a single city in the state of 55423. Auction homes and other auction properties account for 1.99% of all properties in 55423. There are 2 cities within 55423; of those cities, the median estimated home value for homes going to auction ranges from $1,895,000 in minneapolis to the lowest value of $45,178 in minneapolis.
Homes for Sale
Homes and properties that are actively listed for sale account for 74.44% of residential properties in 55423 with minneapolis containing 17740 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 55423; homes for sale in those cities, have a range of median values from $6,634,688 in minneapolis to the lowest value of $32,500 in minneapolis.
    Sold Homes
    The median value for recently sold homes ranges from $5,497,491 in minneapolis to the lowest price of $18,986 in minneapolis. There are 2 cities within 55423. minneapolis has 5196 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 20.10% of properties in 55423.

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      Guide for 55423

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.