Minneapolis 55414

Hennepin County, MN · 5,637 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

27affordability /100

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

Payment burden
44.6%
severe
Days on market
51
daily
Price cuts
13.8%
of active
Valuation
-7.4%
vs assessor
Look up an address
43
/100
Mixed
stable · balanced · prices easing year-over-year.
Price trend
50
Affordability
25
Valuation
70
Economic health
27

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

60/ 100SellerBalancedBuyer
Negotiate Hard
Needs 32.7% correction for affordability
DOM: 52d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)90
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)50
Cancellation Rate (10%)50
Days on Market (5%)60

Moderate buyer leverage in 55414. Room to negotiate 5-10% below list. Payment burden: 44.6% of median income. A 22% price correction needed to reach 30% affordability threshold. Median days on market: 52. Renting is approximately 55% cheaper than buying (price-to-rent ratio: 18.6).

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.
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
$345,532
▾ 0.6% YoY
Days on market
51
daily · zip_data
Median rent
$1,551
ZORI
Investor score
55/100
cash-flow lens
Active listings
49
90-day

Valuation3 lenses, different anchors

vs assessor
-7.4%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$320,000
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-income7.3×

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How 55414 ranks in MN
percentile vs all Minnesota ZIPs · n=772
Market velocity36%
Supply tightness42%
Affordability1%
Investment yield79%
Appreciation2%

Affordability, supply & momentum

14SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply14.9 mo
Days on Market51d
Inv vs History+39.8%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$1,745
Payment burden44.6%
Median income · ZIP$47,004
Mortgage rate6.49% · 30yr
Total monthly own$2,091
Monthly rent$1,551
Market dynamics
Price cut %13.8%
Momentumstable
LeverageBALANCED
Months of supply14.9
Sales (90d)0
Investment analysis
Median rent$1,551
Price-to-rent18.6
Est. cap rate3.5%
Buy vs rentneutral

Livability

Walk score50
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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