Minneapolis 55407

Hennepin County, MN · 11,459 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

59affordability /100

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

Payment burden
25%
affordable
Days on market
18
daily
Price cuts
20.0%
of active
Valuation
-7.3%
vs assessor
Look up an address
71
/100
Stable
stable · seller slight · prices rising year-over-year.
Price trend
62
Affordability
85
Valuation
70
Economic health
59

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

36/ 100SellerBalancedBuyer
Seller's Market
DOM: 30d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)40
Supply & Demand (20%)85
Buy vs Rent (15%)50
Cancellation Rate (10%)0
Days on Market (5%)20

Seller-favored market in 55407. Expect to pay at or near list price. Payment burden: 25.0% of median income. Median days on market: 30. Renting is approximately 49% cheaper than buying (price-to-rent ratio: 17.9).

Buyer Caution

Seller's market. Be prepared to pay near list price.

Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.
STABLESELLER SLIGHT

Market is holding steady with balanced conditions. Sellers hold a slight edge.

Address lookup$99 report path

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Market snapshoteach number, once

Median price
$322,605
▴ 0.8% YoY
Days on market
18
daily · zip_data
Median rent
$1,500
ZORI
Investor score
60/100
cash-flow lens
Active listings
78
90-day

Valuation3 lenses, different anchors

vs assessor
-7.3%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$299,000
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$213
Price-to-income4.1×

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How 55407 ranks in MN
percentile vs all Minnesota ZIPs · n=772
Market velocity85%
Supply tightness68%
Affordability30%
Investment yield82%
Appreciation6%

Affordability, supply & momentum

38SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply10.7 mo
Days on Market18d
Inv vs History+24.0%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$1,630
Payment burden25%
Median income · ZIP$78,206
Mortgage rate6.49% · 30yr
Total monthly own$1,952
Monthly rent$1,500
Market dynamics
Price cut %20.0%
Momentumstable
LeverageSELLER SLIGHT
Months of supply10.7
Sales (90d)0
Investment analysis
Median rent$1,500
Price-to-rent17.9
Est. cap rate3.6%
Buy vs rentneutral

Livability

Walk score12
Transit score21
Bike score—

Historical trends

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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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Nearby ZIP codes

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Minneapolis–St. Paul Metro·Overpriced ZIPs·Investor ZIPs·View on Map·Hennepin County