The market in numbers

$380K
Typical home value across the metro's 225 ZIP codes, August 2026
+2.1%
Change in the typical home value over the past 12 months
211 of 225
ZIP codes where home values are higher than a year ago
+2.5%
Typical yearly price growth over the past five years
$1,700
Typical monthly rent, in the 121 ZIP codes with rent data
5.5%
Typical gross rental yield: a year's rent over the home value
3.8×
Typical home value as a multiple of local median household income
+0.9%
Forecast for home values over the next 12 months, typical ZIP code

Home values over the last two years

The typical home in the Minneapolis metro was worth $363,900 in September 2024 and $379,900 in August 2026, a change of +4.4% over two years. The high point of the period came in April 2026, at $380,000, and values are 0.0% below it today.

Typical home value, last 24 monthsTypical home value in the Minneapolis-St. Paul-Bloomington metro by month, from September 2024 ($363,900) to August 2026 ($379,900).$364K$369K$375K$380KSep 2024Sep 2025Aug 2026
Typical home value across the metro's ZIP codes, monthly. Source: CITIZEN.

Where prices are rising fastest

The ten Minneapolis ZIP codes with the strongest change in home values over the past twelve months.

ZIP codeAreaHome value12 months5 yrs, per year
54769Stockholm, WI$394,900+10.9%+6.9%
56358Ogilvie, MN$291,800+9.9%+5.5%
54013Glenwood City, WI$320,600+9.0%+5.2%
55017Dalbo, MN$378,800+8.6%+4.1%
54027Wilson, WI$390,000+8.6%+5.3%
54750Maiden Rock, WI$346,000+8.1%+1.7%
55088Webster, MN$602,800+7.8%+3.6%
55424Edina, MN$1,045,400+6.7%+4.8%
55384Spring Park, MN$583,000+5.9%+3.6%
56044Henderson, MN$363,800+5.8%+4.2%

Where prices are falling

14 of the metro's ZIP codes are below where they were a year ago. These are the ten largest declines.

ZIP codeAreaHome value12 monthsFrom its peak
55415Minneapolis, MN$319,700−15.5%−16.3%
55101Saint Paul, MN$169,800−11.4%−13.0%
55435Edina, MN$209,800−8.1%−19.0%
55425Bloomington, MN$325,200−7.6%−8.5%
55403Minneapolis, MN$187,900−7.4%−23.8%
55454Minneapolis, MN$149,300−5.2%−13.8%
55401Minneapolis, MN$291,400−3.7%−8.3%
55413Minneapolis, MN$320,700−3.4%−5.2%
55114Saint Paul, MN$279,300−2.2%−9.6%
55414Minneapolis, MN$340,100−1.9%−11.9%

Best rental yields

Gross yield is a year's rent divided by the home value, before costs. These are the 10 highest yields among the 121 Minneapolis ZIP codes with a rent index.

ZIP codeAreaHome valueMonthly rentGross yieldRent, 12 months
55435Edina, MN$209,800$2,00011.2%+4.2%
55101Saint Paul, MN$169,800$1,60011.1%+2.9%
55444Brooklyn Park, MN$335,700$2,90010.3%n/a
55301Albertville, MN$380,300$3,20010.0%n/a
55403Minneapolis, MN$187,900$1,4009.2%+1.7%
55412Minneapolis, MN$234,300$1,8009.2%+3.0%
55411Minneapolis, MN$241,900$1,8009.1%+4.6%
55401Minneapolis, MN$291,400$2,0008.3%+4.4%
55415Minneapolis, MN$319,700$2,0007.7%+4.5%
55304Andover, MN$458,900$2,8007.5%n/a

Most affordable against local incomes

Home value divided by the median household income of the people who live in the ZIP code. A lower multiple means homes cost fewer years of local earnings. The metro typical is 3.8×.

ZIP codeAreaHome valueMedian incomePrice to income
55415Minneapolis, MN$319,700$124,9002.6×
55401Minneapolis, MN$291,400$113,5002.6×
55101Saint Paul, MN$169,800$64,9002.6×
55435Edina, MN$209,800$79,9002.6×
55054Elko New Market, MN$432,800$157,1002.8×
55444Brooklyn Park, MN$335,700$117,2002.9×
55341Hanover, MN$452,900$157,1002.9×
55301Albertville, MN$380,300$129,2002.9×
55417Minneapolis, MN$378,000$126,3003.0×
55403Minneapolis, MN$187,900$60,9003.1×

Who is moving in

Household moves between the 2022 and 2023 tax years. Migration is measured by county, so the figures cover each county in the metro rather than single ZIP codes. 12 of the metro's 23 counties gained households. The last column is how much more, or less, the average arriving household earned than the average household that left.

CountyNet householdsNet income movedArrivals vs leavers, per household
Dakota County, MN+1,384+$129.8M+$908
Wright County, MN+1,372+$114.0M+$483
Washington County, MN+966+$14.7M−$3,568
Anoka County, MN+708−$55.2M−$4,344
Carver County, MN+198+$118.9M+$14,198
Pierce County, WI+176+$44.4M+$12,523
Chisago County, MN+164+$31.0M+$5,717
Isanti County, MN+154+$18.7M+$3,292
Saint Croix County, WI+122+$109.4M+$18,420
Sherburne County, MN+56+$3.3M−$27
Pepin County, WI+20−$0.0M−$3,766
Polk County, WI+10+$39.0M+$16,101

What CITIZEN sees

CITIZEN grades every US ZIP code on one national scale, reading price and its direction, rent, local earnings, resident equity and where buyers and their money are arriving from. Grades are ranks: an A is the top 10% of the country, an F the bottom 10%. In the Minneapolis metro, 0 of 225 ZIP codes grade A and 9 grade F. Which ones, and why, is in CITIZEN.

All 225 ZIP codes

Every ZIP code in the metro with a home value, in numerical order.

Show all 225 ZIP codes
ZIP codeAreaHome value12 months5 yrs, per yearMonthly rentGross yield
54002Baldwin, WI$341,100+2.3%+4.2%n/an/a
54003Beldenville, WI$424,300+4.3%+3.0%n/an/a
54005Clear Lake, WI$305,300+4.6%+5.5%n/an/a
54007Deer Park, WI$340,900+4.2%+4.3%n/an/a
54011Ellsworth, WI$348,900+4.8%+4.2%n/an/a
54013Glenwood City, WI$320,600+9.0%+5.2%n/an/a
54014Hager City, WI$354,800+4.6%+4.5%n/an/a
54015Hammond, WI$380,200+2.8%+4.6%n/an/a
54016Hudson, WI$490,300+1.7%+3.8%$1,9004.7%
54017New Richmond, WI$377,600+0.8%+3.0%$1,6005.2%
54021Prescott, WI$415,300+4.7%+4.9%n/an/a
54022River Falls, WI$413,200+3.0%+3.7%$1,6004.7%
54023Roberts, WI$407,800+1.8%+3.3%n/an/a
54025Somerset, WI$417,900+1.8%+4.0%n/an/a
54026Star Prairie, WI$394,600+3.5%+3.7%n/an/a
54027Wilson, WI$390,000+8.6%+5.3%n/an/a
54028Woodville, WI$337,500+3.0%+3.6%n/an/a
54082Houlton, WI$542,500+5.3%+5.0%n/an/a
54723Bay City, WI$319,000+4.6%+3.3%n/an/a
54740Elmwood, WI$273,100+3.8%+3.9%n/an/a
54750Maiden Rock, WI$346,000+8.1%+1.7%n/an/a
54761Plum City, WI$278,900+2.0%+3.2%n/an/a
54767Spring Valley, WI$326,000+2.2%+4.2%n/an/a
54769Stockholm, WI$394,900+10.9%+6.9%n/an/a
55001Afton, MN$725,400+2.9%+3.0%n/an/a
55003Bayport, MN$440,400+3.1%+3.5%n/an/a
55005East Bethel, MN$407,800+4.0%+3.3%n/an/a
55006Braham, MN$278,400+3.3%+3.6%n/an/a
55008Cambridge, MN$331,400+1.4%+2.7%n/an/a
55011East Bethel, MN$439,300+3.0%+3.2%n/an/a
55012Center City, MN$408,000+3.1%+1.7%n/an/a
55013Chisago City, MN$438,300+2.2%+2.2%n/an/a
55014Circle Pines, MN$381,500+1.9%+2.4%$1,7005.3%
55016Cottage Grove, MN$398,600+1.8%+1.9%$1,9005.7%
55017Dalbo, MN$378,800+8.6%+4.1%n/an/a
55020Elko New Market, MN$525,700+2.9%+2.9%n/an/a
55024Farmington, MN$399,800+1.4%+1.9%$1,9005.8%
55025Forest Lake, MN$439,000+3.5%+2.8%$1,5004.2%
55031Farmington, MN$467,500+5.2%+2.7%n/an/a
55032Harris, MN$413,000+3.7%+3.1%n/an/a
55033Hastings, MN$385,600+3.3%+2.8%$1,6005.0%
55038Hugo, MN$456,400+2.0%+2.2%n/an/a
55040Isanti, MN$334,700+2.2%+3.0%$1,4005.1%
55042Lake Elmo, MN$635,500+2.9%+2.9%n/an/a
55043Lakeland, MN$400,500+2.2%+2.8%n/an/a
55044Lakeville, MN$512,800+1.0%+2.0%$2,1005.0%
55045Lindstrom, MN$395,300+2.3%+2.3%n/an/a
55047Marine on Saint Croix, MN$631,500+5.6%+4.1%n/an/a
55051Mora, MN$276,100+5.6%+4.2%n/an/a
55054Elko New Market, MN$432,800+1.1%+2.2%n/an/a
55055Newport, MN$349,400+2.4%+2.5%n/an/a
55056North Branch, MN$356,500+2.0%+2.5%n/an/a
55065Randolph, MN$467,900+5.3%+3.2%n/an/a
55068Rosemount, MN$407,600+0.6%+1.8%$2,1006.2%
55069Rush City, MN$325,500+0.8%+2.8%n/an/a
55070Saint Francis, MN$352,000+1.0%+2.6%n/an/a
55071Saint Paul Park, MN$318,700+2.3%+2.3%n/an/a
55073Scandia, MN$548,100+4.2%+3.5%n/an/a
55074Shafer, MN$371,400+2.9%+1.8%n/an/a
55075South Saint Paul, MN$299,800+2.8%+2.3%$1,6006.3%
55076Inver Grove Heights, MN$329,800+2.0%+1.4%$1,7006.2%
55077Inver Grove Heights, MN$556,800+1.1%+2.0%$1,8004.0%
55079Stacy, MN$420,000+3.4%+3.2%n/an/a
55080Stanchfield, MN$410,100+5.6%+3.6%n/an/a
55082Stillwater, MN$531,600+3.9%+3.4%$2,4005.3%
55084Taylors Falls, MN$353,400+2.9%+1.8%n/an/a
55085Vermillion, MN$344,000+3.3%+3.4%n/an/a
55088Webster, MN$602,800+7.8%+3.6%n/an/a
55090Willernie, MN$302,500+3.0%+1.0%n/an/a
55092Wyoming, MN$395,300+2.6%+2.4%n/an/a
55101Saint Paul, MN$169,800−11.4%−2.6%$1,60011.1%
55102Saint Paul, MN$283,600+1.0%+0.9%$1,6006.8%
55103Saint Paul, MN$252,700+0.1%+0.8%$1,4006.4%
55104Saint Paul, MN$303,100−0.3%+0.3%$1,5005.8%
55105Saint Paul, MN$472,300+2.8%+1.7%$1,4003.4%
55106Saint Paul, MN$260,100+0.4%+1.2%$1,3006.1%
55107Saint Paul, MN$269,300+0.6%+0.9%$1,6007.2%
55108Falcon Heights, MN$386,000+2.9%+1.8%$1,5004.7%
55109Maplewood, MN$339,400+2.0%+2.0%$1,5005.3%
55110White Bear Lake, MN$381,800+2.6%+2.2%$1,9005.8%
55112New Brighton, MN$379,100+2.0%+1.9%$1,4004.5%
55113Roseville, MN$376,900+2.8%+1.9%$1,5004.7%
55114Saint Paul, MN$279,300−2.2%−0.9%$1,6006.9%
55115Mahtomedi, MN$510,600+4.3%+3.0%$2,4005.7%
55116Saint Paul, MN$453,700+2.8%+2.1%$1,6004.2%
55117Saint Paul, MN$298,500+1.5%+1.5%$1,3005.3%
55118West Saint Paul, MN$367,600+2.2%+2.0%$1,5004.8%
55119Maplewood, MN$300,300+1.1%+1.6%$1,4005.7%
55120Mendota Heights, MN$513,100+3.5%+2.4%$2,0004.7%
55121Eagan, MN$339,900+3.1%+2.2%$1,6005.7%
55122Eagan, MN$356,400+2.2%+1.8%$1,7005.7%
55123Eagan, MN$472,500+1.3%+1.9%$1,8004.5%
55124Apple Valley, MN$376,000+1.5%+2.0%$2,0006.2%
55125Woodbury, MN$414,700+2.5%+2.2%$1,9005.6%
55126Shoreview, MN$412,800+2.0%+2.1%$1,9005.6%
55127Vadnais Heights, MN$466,100+1.2%+2.1%$1,9005.0%
55128Oakdale, MN$358,400+3.7%+2.7%$1,9006.3%
55129Woodbury, MN$540,100+1.3%+2.0%$2,4005.3%
55130Saint Paul, MN$250,200+0.8%+0.9%$1,2005.5%
55301Albertville, MN$380,300−0.4%+2.0%$3,20010.0%
55302Annandale, MN$411,000+3.8%+4.2%n/an/a
55303Ramsey, MN$379,400+1.8%+2.3%$1,6005.2%
55304Andover, MN$458,900+1.9%+2.7%$2,8007.5%
55305Minnetonka, MN$461,300+2.7%+2.4%$1,9005.0%
55306Burnsville, MN$417,600+0.8%+1.9%$1,4004.0%
55308Becker, MN$379,900+2.1%+2.9%n/an/a
55309Big Lake, MN$376,800+2.2%+2.6%$1,5004.7%
55311Maple Grove, MN$495,100+1.6%+1.8%$2,4005.7%
55313Buffalo, MN$381,600+1.6%+2.6%$1,6005.1%
55315Carver, MN$504,700+1.8%+2.3%n/an/a
55316Champlin, MN$372,800+1.5%+2.0%$1,9006.0%
55317Chanhassen, MN$532,200+2.5%+2.4%$2,2005.1%
55318Chaska, MN$482,100+2.8%+2.5%$2,0004.9%
55319Clear Lake, MN$420,800+3.6%+3.5%n/an/a
55320Saint Augusta, MN$370,000+2.4%+3.7%n/an/a
55321Cokato, MN$335,900+2.7%+3.9%n/an/a
55322Chaska, MN$455,300+3.7%+2.6%n/an/a
55327Dayton, MN$501,100+1.4%+1.8%n/an/a
55328Delano, MN$436,900−0.3%+2.1%n/an/a
55330Elk River, MN$419,100+1.8%+3.0%$2,1006.1%
55331Shorewood, MN$828,200+3.6%+3.3%$2,6003.8%
55337Burnsville, MN$354,300+2.8%+2.4%$1,5005.1%
55339Hamburg, MN$346,800+3.3%+2.5%n/an/a
55340Corcoran, MN$684,900+0.2%+2.6%n/an/a
55341Hanover, MN$452,900+0.3%+2.3%n/an/a
55343Hopkins, MN$346,400+2.5%+2.0%$1,6005.7%
55344Eden Prairie, MN$347,0000.0%+0.8%$1,7006.0%
55345Minnetonka, MN$537,300+3.0%+3.0%$1,9004.2%
55346Eden Prairie, MN$487,200+2.7%+2.6%$2,3005.7%
55347Eden Prairie, MN$569,700+3.1%+2.8%$2,2004.7%
55349Howard Lake, MN$345,100+3.5%+3.8%n/an/a
55352Jordan, MN$436,100+1.3%+2.1%n/an/a
55356Orono, MN$811,100+4.9%+4.3%n/an/a
55357Greenfield, MN$526,700+3.3%+3.7%n/an/a
55358Maple Lake, MN$381,300+3.7%+3.8%n/an/a
55359Independence, MN$608,100+3.7%+3.5%n/an/a
55360Mayer, MN$391,200+2.6%+2.2%n/an/a
55362Monticello, MN$359,200+1.1%+2.6%$1,6005.5%
55363Montrose, MN$323,600+0.9%+2.8%n/an/a
55364Mound, MN$533,400+2.5%+2.9%$2,6005.8%
55367New Germany, MN$391,200+5.1%+2.7%n/an/a
55368Norwood Young America, MN$359,000+3.7%+3.6%n/an/a
55369Maple Grove, MN$392,800+1.8%+1.6%$2,1006.5%
55371Princeton, MN$375,300+2.6%+3.6%n/an/a
55372Prior Lake, MN$521,000+1.7%+2.6%$2,0004.7%
55373Rockford, MN$377,200+0.6%+1.9%n/an/a
55374Rogers, MN$478,100+1.0%+2.0%$2,2005.6%
55375Saint Bonifacius, MN$451,000+1.9%+2.1%n/an/a
55376Saint Michael, MN$433,4000.0%+2.2%$1,8004.9%
55378Savage, MN$435,400+1.4%+2.1%$2,0005.5%
55379Shakopee, MN$405,200+1.1%+2.0%$1,8005.2%
55384Spring Park, MN$583,000+5.9%+3.6%n/an/a
55386Victoria, MN$619,700+2.9%+2.5%$2,3004.5%
55387Waconia, MN$463,200+2.3%+2.1%$2,0005.2%
55388Watertown, MN$379,700+2.4%+2.1%n/an/a
55390Waverly, MN$353,800+1.4%+2.6%n/an/a
55391Woodland, MN$1,028,200+5.5%+4.7%$2,6003.0%
55397Norwood Young America, MN$344,300+1.6%+2.5%n/an/a
55398Zimmerman, MN$394,000+2.3%+3.3%n/an/a
55401Minneapolis, MN$291,400−3.7%−1.5%$2,0008.3%
55403Minneapolis, MN$187,900−7.4%−5.2%$1,4009.2%
55404Minneapolis, MN$235,800+0.3%−2.1%$1,4007.3%
55405Minneapolis, MN$466,600+3.4%+1.5%$1,4003.6%
55406Minneapolis, MN$346,000+2.0%+1.2%$1,5005.1%
55407Minneapolis, MN$316,200+0.3%+0.2%$1,5005.6%
55408Minneapolis, MN$288,600+1.4%−0.9%$1,5006.3%
55409Minneapolis, MN$377,600+2.5%+1.2%$1,6005.0%
55410Minneapolis, MN$598,500+3.8%+3.0%$2,4004.9%
55411Minneapolis, MN$241,900+1.2%+0.3%$1,8009.1%
55412Minneapolis, MN$234,300+1.4%+0.6%$1,8009.2%
55413Minneapolis, MN$320,700−3.4%−0.5%$1,8006.7%
55414Minneapolis, MN$340,100−1.9%−1.9%$1,5005.3%
55415Minneapolis, MN$319,700−15.5%−0.1%$2,0007.7%
55416Saint Louis Park, MN$409,900−0.8%+0.6%$1,9005.5%
55417Minneapolis, MN$378,000+1.6%+1.8%$1,9006.0%
55418Minneapolis, MN$351,800+2.4%+1.3%$1,7005.9%
55419Minneapolis, MN$498,000+3.9%+2.3%$1,7004.1%
55420Bloomington, MN$334,700+1.8%+2.1%$1,4005.1%
55421Columbia Heights, MN$301,000+1.2%+1.9%$1,6006.2%
55422Golden Valley, MN$339,000+1.8%+1.7%$1,7006.0%
55423Richfield, MN$346,700+1.7%+2.1%$1,4004.8%
55424Edina, MN$1,045,400+6.7%+4.8%$2,7003.1%
55425Bloomington, MN$325,200−7.6%−0.6%$1,7006.3%
55426Saint Louis Park, MN$371,600+2.1%+1.8%$1,8005.7%
55427New Hope, MN$365,600+1.9%+1.6%$1,7005.7%
55428New Hope, MN$318,700+1.9%+1.8%$1,6006.0%
55429Brooklyn Center, MN$299,900+0.5%+1.6%n/an/a
55430Brooklyn Center, MN$278,800+0.5%+1.2%$1,5006.3%
55431Bloomington, MN$375,900+1.2%+2.0%$1,8005.7%
55432Fridley, MN$322,500+1.6%+2.2%$1,4005.4%
55433Coon Rapids, MN$322,600+2.2%+2.5%$1,6006.0%
55434Blaine, MN$337,400+1.8%+2.3%$1,9006.7%
55435Edina, MN$209,800−8.1%−3.8%$2,00011.2%
55436Edina, MN$638,300+3.9%+3.4%$1,8003.5%
55437Bloomington, MN$394,700+2.4%+2.2%$1,7005.2%
55438Bloomington, MN$406,300+2.4%+1.9%$1,7005.1%
55439Edina, MN$691,900+2.9%+3.3%$2,1003.6%
55441Plymouth, MN$460,000+3.0%+2.3%$1,7004.5%
55442Plymouth, MN$470,200+1.6%+2.4%$2,0005.0%
55443Brooklyn Park, MN$381,000+0.1%+1.2%$1,7005.2%
55444Brooklyn Park, MN$335,700+0.7%+1.9%$2,90010.3%
55445Brooklyn Park, MN$359,000+1.7%+1.8%$1,9006.2%
55446Plymouth, MN$619,000+1.9%+2.5%$2,1004.2%
55447Plymouth, MN$496,800+1.9%+2.6%$1,9004.7%
55448Coon Rapids, MN$342,500+1.9%+2.2%$1,7005.8%
55449Blaine, MN$458,600+0.9%+1.8%$2,3006.0%
55454Minneapolis, MN$149,300−5.2%−2.7%n/an/a
56011Belle Plaine, MN$350,300+1.2%+2.6%n/an/a
56017Cleveland, MN$386,300+2.4%+4.5%n/an/a
56028Elysian, MN$423,400+2.0%+4.3%n/an/a
56044Henderson, MN$363,800+5.8%+4.2%n/an/a
56050Kasota, MN$355,700+2.3%+3.0%n/an/a
56057Le Center, MN$323,600+3.3%+4.5%n/an/a
56058Le Sueur, MN$306,800+2.4%+4.0%n/an/a
56063Madison Lake, MN$457,200+4.6%+5.2%n/an/a
56069Montgomery, MN$326,700+2.2%+3.9%n/an/a
56071New Prague, MN$425,600+2.9%+3.4%n/an/a
56096Waterville, MN$323,700+1.7%+5.0%n/an/a
56304Saint Cloud, MN$271,400+0.9%+3.0%$1,2005.2%
56330Foreston, MN$352,800+3.1%+4.7%n/an/a
56342Isle, MN$304,500+3.5%+4.7%n/an/a
56353Princeton, MN$325,600+2.6%+3.7%n/an/a
56358Ogilvie, MN$291,800+9.9%+5.5%n/an/a
56359Onamia, MN$295,100+2.6%+3.9%n/an/a
56386Wahkon, MN$297,400+1.8%+3.5%n/an/a

Questions

Are home prices going up or down in Minneapolis?

Up. Home values across the Minneapolis-St. Paul-Bloomington metro are up 2.1% over the past twelve months, to a typical $380K, and 211 of its 225 ZIP codes are higher than a year ago.

What is the typical home value in Minneapolis?

$379,900 across the metro's 225 ZIP codes, as of August 2026. It ranges from $149,300 in ZIP 55454 to $1,045,400 in ZIP 55424.

What is the typical rent in Minneapolis?

About $1,700 a month, across the 121 ZIP codes with rent data, up 3.4% over the past year.

Which Minneapolis ZIP codes are rising fastest?

54769 (Stockholm, WI, +10.9%), 56358 (Ogilvie, MN, +9.9%), 54013 (Glenwood City, WI, +9.0%), over the past twelve months.

What is the forecast for Minneapolis home prices?

The forecast for the typical ZIP code in the metro is +0.9% over the next twelve months. Forecasts are estimates and change every month.

Other housing markets

Sources and method

  • Source: CITIZEN, Lualdi Advisors' US housing market intelligence. Home values, rents and forecasts through August 2026; household incomes 2020 to 2024; migration for tax years 2022 to 2023; new homes permitted in 2025.
  • Metro figures are medians across the ZIP codes in the metro, not a separate metro index. The two-year chart is the median ZIP value for each month. Grades and scores are CITIZEN's own.
  • Updated monthly. Last updated 2026-10-14.