55406 — Minneapolis, MN home prices
ZIP 55406 is flat, mid-priced.
Momentum+0.8%Flat
Vs typical+16%Around average
Rental yield5.0%Moderate yield
Real Estate Price Map scores, derived from the data on this page · how we calculate them
2000: $132,293 → today: $351,737 (2.7×)
Typical home value
$351,737
Zillow ZHVI
Since 2000
+166%
Rank in MN
#240
of 718 ZIPs
Median rent
$1,460/mo
5.0% gross yield
Market read
At $351,737, ZIP 55406 in Minneapolis is 16% above the typical MN ZIP ($302,648), ranking #240 of 718.
It sits in Hennepin County — see full county data →.
Home value history
Zillow ZHVI, yearly.
🏙️ Minneapolis prices🗂️ Hennepin County data📍 Open in Google Maps📊 All Minnesota home prices🔎 ZIP lookup
Other ZIPs in Minneapolis
55410 · 55419 · 55405 · 55415 · 55417 · 55409 · 55418 · 55414
Frequently asked questions
What is the average home value in ZIP code 55406?
The typical home in ZIP 55406 (Minneapolis, MN) is worth $351,737 — 16% above the typical MN ZIP ($302,648).
How have home prices in 55406 changed since 2000?
Home values in ZIP 55406 are +166% versus 2000.
What is the rental yield in ZIP 55406?
Median rent is $1,460/mo, about a 5.0% gross yield.
What county is ZIP 55406 in?
ZIP 55406 is in Hennepin County.
| Year | ZIP 55406 home value |
|---|---|
| 2000 | $132,293 |
| 2001 | $154,152 |
| 2002 | $172,571 |
| 2003 | $189,408 |
| 2004 | $208,168 |
| 2005 | $220,537 |
| 2006 | $220,025 |
| 2007 | $214,175 |
| 2008 | $192,892 |
| 2009 | $188,837 |
| 2010 | $179,399 |
| 2011 | $158,311 |
| 2012 | $176,574 |
| 2013 | $198,107 |
| 2014 | $206,905 |
| 2015 | $218,906 |
| 2016 | $237,428 |
| 2017 | $260,204 |
| 2018 | $280,845 |
| 2019 | $291,220 |
| 2020 | $310,591 |
| 2021 | $323,212 |
| 2022 | $332,621 |
| 2023 | $339,093 |
| 2024 | $342,305 |
| 2025 | $348,999 |
| 2026 | $351,737 |