Minneapolis 55405

Hennepin County, MN · 4,258 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

33affordability /100

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

Payment burden
40.8%
severe
Days on market
21
daily
Price cuts
13.8%
of active
Valuation
+4.5%
vs assessor
Look up an address
61
/100
Stable
warming · seller slight · prices rising year-over-year.
Price trend
90
Affordability
25
Valuation
90
Economic health
33

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

63/ 100SellerBalancedBuyer
Negotiate Hard
Needs 26.5% correction for affordability
DOM: 57d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)90
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)60

Moderate buyer leverage in 55405. Room to negotiate 5-10% below list. Payment burden: 40.8% of median income. A 14% price correction needed to reach 30% affordability threshold. Median days on market: 57. Renting is approximately 126% cheaper than buying (price-to-rent ratio: 27.1).

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
WARMINGSELLER SLIGHT

Market is warming with rising prices. Sellers hold a slight edge.

Address lookup$99 report path

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Market snapshoteach number, once

Median price
$473,604
▴ 2.7% YoY
Days on market
21
daily · zip_data
Median rent
$1,454
ZORI
Investor score
39/100
cash-flow lens
Active listings
52
90-day

Valuation3 lenses, different anchors

vs assessor
+4.5%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$495,000
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-income6.7×

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How 55405 ranks in MN
percentile vs all Minnesota ZIPs · n=772
Market velocity79%
Supply tightness39%
Affordability1%
Investment yield40%
Appreciation26%

Affordability, supply & momentum

31SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply18.9 mo
Days on Market21d
Inv vs History+31.0%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$2,392
Payment burden40.8%
Median income · ZIP$70,425
Mortgage rate6.49% · 30yr
Total monthly own$2,866
Monthly rent$1,454
Market dynamics
Price cut %13.8%
Momentumwarming
LeverageSELLER SLIGHT
Months of supply18.9
Sales (90d)0
Investment analysis
Median rent$1,454
Price-to-rent27.1
Est. cap rate2.4%
Buy vs rentfavors renting

Livability

Walk score14
Transit score23
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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