The story of this market
The typical home in ZIP 55405 sells for about $539,840, or $298 per square foot.
Prices are up +10.7% from a year ago, so sellers still have some momentum. Homes take about 20 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,231 a month.
ZIP 55405 — Minneapolis
The 55405 housing market is highly competitive with rising home prices and a low inventory of active listings. Demand remains strong, evidenced by a 10.7% year-over-year increase in median sale prices as of May 2026.
The area is well-suited for professionals and single adults due to its high density of single-person households and proximity to urban amenities.
Median prices moved up 10.7% year over year.
Homes spend a median of 20 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.3% · poverty 16.4% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 55405, Hennepin County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area features proximity to Lake of the Isles and various neighborhood parks within the Bryn Mawr and Kenwood areas.
The area is part of the broader Minneapolis economy, characterized by a mix of professional services, healthcare, and retail sectors.
Data sourced from ACS and Census Bureau profiles.
- Mall of America®4.68.5 mi
- Valleyfair4.213.7 mi
- Great Wolf Lodge | Minnesota3.98 mi
- Nickelodeon Universe4.58.5 mi
- Slick City Action Park4.510.1 mi
- U.S. Bank Stadium4.62.5 mi
- Grand Casino Arena4.610.2 mi
- Minneapolis Convention Center4.51.7 mi
- Minnesota State Fair4.76.7 mi
- Topgolf Brooklyn Center4.37.2 mi
- Mall of America®4.68.5 mi
- U.S. Bank Stadium4.62.5 mi
- Como Park Zoo & Conservatory4.77.7 mi
- Minneapolis Institute of Art4.81.8 mi
- Great Wolf Lodge | Minnesota3.98 mi
- Minneapolis Institute of Art4.81.8 mi
- Science Museum of Minnesota4.610.4 mi
- University of Minnesota Landscape Arboretum4.816.8 mi
- Union Depot4.510.9 mi
- Walker Art Center4.50.9 mi
- Como Park Zoo & Conservatory4.77.7 mi
- Minneapolis Sculpture Garden4.70.9 mi
- Centennial Lakes Park4.77.1 mi
- Lake Harriet Regional Park4.82.8 mi
- Boom Island Park4.72.5 mi
- PropMD4.97.8 mi
- Lake of the Isles4.80.9 mi
- Cedar Lake East Beach4.60.7 mi
- Topgolf Brooklyn Center4.37.2 mi
- Edinburgh USA4.410 mi
- The Minikahda Club4.41.9 mi
- Puttery4.72.1 mi
- Braemar Golf Course4.47.9 mi
- Mall of America®4.68.5 mi
- Rosedale Center4.37.3 mi
- Twin Cities Premium Outlets4.511.5 mi
- Ridgedale Center4.46.3 mi
- Karmel Mall4.11.8 mi
- Minneapolis-Saint Paul International Airport4.47.4 mi
- Shoyu3.77.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A prominent lake and park area serving the Kenwood neighborhood.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.