ZIP Code 55419 — Minneapolis, MN Home Prices (2026)

The typical home in ZIP 55419 (Minneapolis, Minnesota) is worth about $502,000 at roughly $270 per square foot — 45% more expensive than the Minneapolis median and 71% more expensive than the typical U.S. home.

$502,000
Typical home value
$270
Price per sq ft
#3 of 19
Minneapolis ZIPs by value
+45%
vs Minneapolis median

How 55419 compares

ZIP 55419 is one of the pricier ZIP codes in Minneapolis: its typical home value of $502,000 ranks #3 of the 19 Minneapolis ZIP codes we track (the citywide range runs from $152,000 in 55454 to $633,000 in 55402). Per square foot it costs about $270, against $239 for Minneapolis as a whole, $189 for Minnesota, and $195 nationally.

AreaTypical value$ / sq ft
ZIP 55419$502,000$270
Minneapolis, MN$347,000$239
Minnesota$304,000$189
United States$294,000$195

Home value by size in 55419

Using this ZIP’s rate of about $270 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home sizeEstimated value
1,000 sq ft$270,000
1,500 sq ft$405,000
2,000 sq ft$540,000
2,500 sq ft$675,000
3,000 sq ft$810,000

Salary needed to buy a home in ZIP 55419

To buy the typical $502,000 home in ZIP 55419 with 20% down, you need a household income of roughly $137,000 a year (about $3,190 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $162,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$25,100$3,960/mo$170,000/yr
10% (+PMI)$50,200$3,790/mo$162,000/yr
20%$100,400$3,190/mo$137,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 55419

At about $270 per square foot, here is roughly how much home different budgets get you in ZIP 55419:

BudgetApprox. sizeWhat that looks like locally
$250k930 sq ftbelow the local median — condos, smaller or older homes
$300k1110 sq ftbelow the local median — condos, smaller or older homes
$400k1480 sq ftbelow the local median — condos, smaller or older homes
$500k1850 sq ftaround the typical home here
$600k2220 sq ftaround the typical home here

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 55419 home.

Estimate a specific home in 55419

The estimator below is pre-set to ZIP 55419 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Minneapolis ZIP codes by home value

Where 55419 sits among Minneapolis’s 19 ZIP codes:

#ZIP codeTypical value$ / sq ft
155402$633,000$333
255410$605,000$345
355419 (this page)$502,000$270
455405$473,000$279
555417$384,000$245
655409$382,000$233
755415$376,000$351
855418$357,000$217
955406$351,000$242
1055414$347,000$239
1155413$329,000$274
1255407$321,000$187
1355401$319,000$331
1455408$296,000$212
1555411$246,000$150
1655404$243,000$200
1755412$238,000$172
1855403$208,000$223
1955454$152,000$136

ZIP 55419 home prices: frequently asked

What is the average home price in ZIP code 55419? +
The typical home in ZIP 55419 (Minneapolis, MN) is worth about $502,000 as of 2026. That is 45% more expensive than the Minneapolis median of $347,000 and 71% more expensive than the U.S. median of $294,000.
What is the price per square foot in 55419? +
About $270 per square foot in 55419, versus $239 across Minneapolis and $189 across Minnesota. At that rate a 1,500 sq ft home runs roughly $405,000 and a 2,500 sq ft home about $675,000.
What salary do you need to buy a house in ZIP 55419? +
For the typical $502,000 home in ZIP 55419, a household income of about $137,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $162,000; with 5% down about $170,000.
Is 55419 an expensive ZIP code? +
Within Minneapolis, 55419 ranks #3 of 19 ZIP codes by typical home value, which makes it one of the pricier ZIP codes in Minneapolis. Nationally it is relatively expensive.

See the full Minneapolis home values page, all Minnesota cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.