Minneapolis 55403

Hennepin County, MN · 5,004 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

65affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
21.2%
affordable
Days on market
33
daily
Price cuts
12.0%
of active
Valuation
+407.7%
vs assessor
Look up an address
48
/100
Mixed
cooling · balanced · prices easing year-over-year.
Price trend
10
Affordability
95
Valuation
20
Economic health
65

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

40/ 100SellerBalancedBuyer
Balanced Market
DOM: 85d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)25
Cancellation Rate (10%)100
Days on Market (5%)75

Balanced market in 55403. List price is roughly fair — focus on condition and value. Payment burden: 21.2% of median income. Median days on market: 85. Renting is approximately 1% cheaper than buying (price-to-rent ratio: 12.1).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
COOLINGBALANCED

Market is cooling with expanding inventory. Conditions are balanced between buyers and sellers. Prices down 5.3% YoY.

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Market snapshoteach number, once

Median price
$209,587
▾ 5.3% YoY
Days on market
33
daily · zip_data
Median rent
$1,438
ZORI
Investor score
70/100
cash-flow lens
Active listings
78
90-day

Valuation3 lenses, different anchors

vs assessor
+407.7%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$1,064,000
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+47.4%
County-wide market — the widest, slowest signal.
Hennepin+47.4%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft
Price-to-income3.5×

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How 55403 ranks in MN
percentile vs all Minnesota ZIPs · n=772
Market velocity60%
Supply tightness26%
Affordability61%
Investment yield97%
Appreciation0%

Affordability, supply & momentum

30SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply27.5 mo
Days on Market33d
Inv vs History+10.6%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$1,059
Payment burden21.2%
Median income · ZIP$59,928
Mortgage rate6.49% · 30yr
Total monthly own$1,268
Monthly rent$1,438
Market dynamics
Price cut %12.0%
Momentumcooling
LeverageBALANCED
Months of supply27.5
Sales (90d)0
Investment analysis
Median rent$1,438
Price-to-rent12.1
Est. cap rate5.4%
Buy vs rentfavors buying

Livability

Walk score60
Transit score31
Bike score

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Hennepin County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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