55408 Home Values & Market Trends
There are 298 homes currently listed for 55408. 55408 real estate market trends show that home prices range from $83,900 to $2,995,000, and the median sales price in the 55408 zip code is $363,545. The total number of properties sold within the past twelve months is 331. In 55408, 12 properties are in foreclosure, 6 are bank owned properties,and 6 are headed for auction.
55408 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Minneapolis | $ 361,962 $ 293/sqft | Minneapolis | $ 361,840 $ 293/sqft |
Housing Market Summary for 55408
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $435K | $379.5K | -12.76% |
| Median Sold Price | $368.9K | $229.8K | -37.71% |
| Homes For Sale | 170 | 318 | 87.06% |
| Homes Sold | 124 | 126 | 1.61% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 55408
Browse Homes in 55408
The median list price of a home in Minneapolis, is $363,545. A total of 298 properties are for sale, and the percentage of properties for sale in the zip code is 298.00%. The total count of 55408 properties is 454.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 55408 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 55408; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 55408 ranges from the highest value of $1,153,028 in minneapolis to the lowest value of $72,701 in minneapolis. Bank owned homes and properties account for 1.32% of properties in 55408. There are 2 cities within 55408; minneapolis containing 125 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsminneapolis has 502 auction properties, the highest number of properties going to auction in a single city in the state of 55408. Auction homes and other auction properties account for 1.32% of all properties in 55408. There are 2 cities within 55408; 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.
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More Real Estate Resources for 55408
Guide for 55408
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
