The story of this market
The typical home in ZIP 55411 sells for about $224,500, or $149 per square foot.
Homes take about 277 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,226 a month.
ZIP 55411 — Minneapolis
The 55411 housing market is currently characterized by a neutral sentiment with a median listing price of $224,500. Market data is limited for specific metrics like closed sales and tax rates, which are omitted here to maintain data integrity. The area shows potential for investors due to a 9.62% gross rental yield.
This ZIP is primarily suited for investors seeking high rental yields and budget-conscious buyers looking for entry-level housing in the Minneapolis market.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 277 days on market with 0.0 months of supply — a slower-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 7.4% · poverty 24.0% — a mixed stability profile.
ZCTA 55411, 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.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
The rental market shows a gross rental yield of 9.62% with median long-term rents at $1,800/month, which is slightly lower than the median short-term rental revenue of $2,120/month.
The area is part of the broader Minneapolis economy, which features a diverse mix of retail, healthcare, and service-sector employment.
Data sourced from ZipLookup estimates and IncomeByZipCode.
- Mall of America®4.610 mi
- Valleyfair4.215.5 mi
- Great Wolf Lodge | Minnesota3.99.5 mi
- Nickelodeon Universe4.510 mi
- Slick City Action Park4.59 mi
- U.S. Bank Stadium4.62.5 mi
- Grand Casino Arena4.610.2 mi
- Minneapolis Convention Center4.52.1 mi
- Minnesota State Fair4.76.3 mi
- Topgolf Brooklyn Center4.35.3 mi
- Mall of America®4.610 mi
- U.S. Bank Stadium4.62.5 mi
- Como Park Zoo & Conservatory4.77.2 mi
- Minneapolis Institute of Art4.82.8 mi
- Great Wolf Lodge | Minnesota3.99.5 mi
- Minneapolis Institute of Art4.82.8 mi
- Science Museum of Minnesota4.610.4 mi
- University of Minnesota Landscape Arboretum4.818 mi
- Union Depot4.510.9 mi
- Walker Art Center4.51.9 mi
- Como Park Zoo & Conservatory4.77.2 mi
- Minneapolis Sculpture Garden4.71.8 mi
- Centennial Lakes Park4.78.9 mi
- Lake Harriet Regional Park4.84.6 mi
- Elm Creek Park Reserve4.712 mi
- PropMD4.97.9 mi
- Topgolf Brooklyn Center4.35.3 mi
- National Sports Center4.511.9 mi
- Edinburgh USA4.48.3 mi
- The Minikahda Club4.43.7 mi
- Puttery4.71.6 mi
- Mall of America®4.610 mi
- Rosedale Center4.36.3 mi
- Ridgedale Center4.47 mi
- Karmel Mall4.13.2 mi
- Southdale Center4.28 mi
- Minneapolis-Saint Paul International Airport4.48.6 mi
- Shoyu3.78.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).