Minneapolis, MN Home Values (2026)
The median home value in Minneapolis is about $341,000 (~$242/sq ft) — 18% more expensive than the typical U.S. home. Below: how Minneapolis compares, values by home size and ZIP code, and a free tool for your own address.
Thinking of moving to Minneapolis?
Here’s what the numbers say about housing costs in Minneapolis. A typical home runs about $341,000, which is 18% more expensive than the national median and 14% more expensive than the Minnesota average. At roughly $242 per square foot, a median budget here buys you around 1,410 sq ft of home.
Prices swing a lot by neighborhood: across Minneapolis’s 18 ZIP codes, the most affordable is 55454 (~$158,000) and the priciest is 55410 (~$605,000) — roughly a 3.8× difference. If you’re relocating, that spread is where the real budgeting happens, so it pays to target ZIP by ZIP rather than the citywide average.
Minneapolis home value by size
Using the local rate of about $242 per square foot, here’s a rough estimate by home size. Condition, lot, and exact location move these meaningfully.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $242,000 |
| 1,500 sq ft | $363,000 |
| 2,000 sq ft | $484,000 |
| 2,500 sq ft | $605,000 |
| 3,000 sq ft | $726,000 |
Estimate your specific home in Minneapolis
Enter your ZIP and size for an instant estimate tailored to your exact area:
Home values by ZIP code in Minneapolis, MN
Typical value and price per square foot for each Minneapolis ZIP code we have data for:
| ZIP code | Typical value | $ / sq ft |
|---|---|---|
| 55410 | $605,000 | $364 |
| 55419 | $503,000 | $276 |
| 55405 | $474,000 | $296 |
| 55415 | $406,000 | $351 |
| 55417 | $386,000 | $239 |
| 55409 | $379,000 | $249 |
| 55418 | $356,000 | $225 |
| 55406 | $352,000 | $247 |
| 55414 | $346,000 | $245 |
| 55413 | $336,000 | $286 |
| 55407 | $323,000 | $190 |
| 55401 | $315,000 | $344 |
| 55408 | $293,000 | $223 |
| 55411 | $246,000 | $154 |
| 55404 | $244,000 | $200 |
| 55412 | $239,000 | $179 |
| 55403 | $210,000 | $225 |
| 55454 | $158,000 | $146 |
Grow your home’s value in Minneapolis
Use our Increase Home Value calculator to see which improvements add the most, or read the pre-sale projects that actually pay off. See how Minneapolis stacks up against other Minnesota cities on the Minnesota home values page, or browse the full U.S. directory.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. Actual values vary by home and change over time.