The story of this market
The typical home in ZIP 55455 sells for about $369,799, or $248 per square foot.
Prices are up +2.5% 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 $1,495 a month.
This ZIP has no home sales of its own, so its market figures come from Minneapolis, Minnesota (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 55455 — Minneapolis
ZIP 55455 is an institutional ZIP code encompassing the University of Minnesota campus, resulting in a lack of traditional residential market data such as median home prices or active listings. The area is characterized by a very young population, high poverty rates typical of student populations, and a rental market dominated by university housing. There is no conventional residential real estate market to report for this geography.
This ZIP is almost exclusively suited for university students, faculty, and staff due to its location within the University of Minnesota campus; it is not a traditional residential market for family buyers or long-term homeowners.
Median prices moved up 2.5% year over year.
Homes spend a median of 20 days on market with 2.8 months of supply — a fast-moving market.
29% of listings have cut prices · homes sell at 100.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 15.9% · poverty 100.0% — elevated distress and economic pressure.
ZCTA 55455, 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 is dominated by the University of Minnesota Twin Cities campus, which serves as the primary economic and institutional anchor.
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 area is highly walkable and transit-oriented, serving as the core of the University of Minnesota campus with short travel times to the Minneapolis employment center.
The ZIP is centered on the University of Minnesota campus, featuring proximity to the Mississippi River trails, various campus athletic facilities, and student-focused retail and dining.
The rental market is heavily skewed toward student housing with high turnover and vacancy pressure tied to the academic calendar.
The economy is almost entirely driven by the University of Minnesota, which is the largest employer and primary economic engine for the area.
The area is served by the METRO Green Line light rail and extensive bus networks connecting the campus to downtown Minneapolis and St. Paul.
Development is primarily focused on university-related infrastructure, student housing, and academic facility upgrades.
The area is served by Minneapolis Public Schools and is heavily influenced by university-specific utility and service districts.
Data sourced from Census Reporter profile for ZCTA 55455; many housing-specific metrics are not applicable or published due to the institutional nature of the ZIP code.
- Mall of America®4.68.3 mi
- Valleyfair4.216.2 mi
- Great Wolf Lodge | Minnesota3.97.9 mi
- Nickelodeon Universe4.58.3 mi
- Slick City Action Park4.512.2 mi
- U.S. Bank Stadium4.61.1 mi
- Grand Casino Arena4.66.8 mi
- Minneapolis Convention Center4.52 mi
- Minnesota State Fair4.73.1 mi
- Topgolf Brooklyn Center4.37.2 mi
- Mall of America®4.68.3 mi
- U.S. Bank Stadium4.61.1 mi
- Como Park Zoo & Conservatory4.74 mi
- Minneapolis Institute of Art4.82.2 mi
- Great Wolf Lodge | Minnesota3.97.9 mi
- Minneapolis Institute of Art4.82.2 mi
- Science Museum of Minnesota4.67 mi
- Union Depot4.57.5 mi
- Walker Art Center4.52.7 mi
- Minnesota State Capitol4.76.6 mi
- Como Park Zoo & Conservatory4.74 mi
- Minneapolis Sculpture Garden4.72.7 mi
- Centennial Lakes Park4.78.7 mi
- Lake Harriet Regional Park4.84.8 mi
- Boom Island Park4.72.1 mi
- Pool and Yacht Club4.76.8 mi
- Watergate Marina4.56.3 mi
- Topgolf Brooklyn Center4.37.2 mi
- National Sports Center4.512.7 mi
- Edinburgh USA4.410.6 mi
- The Minikahda Club4.44.8 mi
- Puttery4.71.8 mi
- Mall of America®4.68.3 mi
- Rosedale Center4.34 mi
- Twin Cities Premium Outlets4.511 mi
- Ridgedale Center4.49.9 mi
- Karmel Mall4.12.9 mi
- Minneapolis-Saint Paul International Airport4.46.2 mi
- Shoyu3.76.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The primary anchor of the ZIP code, encompassing the majority of the land area.
Provides extensive riverfront access and recreational trails bordering the campus.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.