Minneapolis 55404

Hennepin County, MN · 4,365 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

44affordability /100

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

Payment burden
33.7%
stretched
Days on market
62
daily
Price cuts
16.9%
of active
Valuation
+7.1%
vs assessor
Look up an address
56
/100
Mixed
stable · balanced · prices rising year-over-year.
Price trend
62
Affordability
45
Valuation
70
Economic health
44

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

50/ 100SellerBalancedBuyer
Balanced Market
Needs 11% correction for affordability
DOM: 88d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)25
Cancellation Rate (10%)75
Days on Market (5%)75

Balanced market in 55404. List price is roughly fair — focus on condition and value. Payment burden: 33.7% of median income. Median days on market: 88. Renting is approximately 19% cheaper than buying (price-to-rent ratio: 14.3).

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

Market is holding steady with balanced conditions. Conditions are balanced between buyers and sellers.

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Market snapshoteach number, once

Median price
$244,051
▴ 0.8% YoY
Days on market
62
daily · zip_data
Median rent
$1,420
ZORI
Investor score
74/100
cash-flow lens
Active listings
68
90-day

Valuation3 lenses, different anchors

vs assessor
+7.1%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$261,500
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-income5.6×

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How 55404 ranks in MN
percentile vs all Minnesota ZIPs · n=772
Market velocity26%
Supply tightness0%
Affordability4%
Investment yield94%
Appreciation6%

Affordability, supply & momentum

19SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply34.5 mo
Days on Market62d
Inv vs History-0.9%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$1,233
Payment burden33.7%
Median income · ZIP$43,932
Mortgage rate6.49% · 30yr
Total monthly own$1,477
Monthly rent$1,420
Market dynamics
Price cut %16.9%
Momentumstable
LeverageBALANCED
Months of supply34.5
Sales (90d)0
Investment analysis
Median rent$1,420
Price-to-rent14.3
Est. cap rate4.5%
Buy vs rentfavors buying

Livability

Walk score49
Transit score43
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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