The story of this market
The typical home in ZIP 55409 sells for about $400,000, or $247 per square foot.
Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $1,334 a month.
ZIP 55409 — Minneapolis
The 55409 housing market shows limited active inventory with a median list price of $307,400. Many specific market metrics such as closed sales, months of supply, and tax rates are not currently published at the ZIP level. The area is characterized by a dense urban population and a median household income of $98,056.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 52 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 3.9% · poverty 7.8% — a stable, low-distress profile.
ZCTA 55409, 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.
Data retrieved from US Census Bureau ZCTA 55409 profiles.
- Mall of America®4.65.5 mi
- Valleyfair4.212.3 mi
- Great Wolf Lodge | Minnesota3.95 mi
- Nickelodeon Universe4.55.6 mi
- Slick City Action Park4.513.1 mi
- U.S. Bank Stadium4.63.3 mi
- Grand Casino Arena4.69 mi
- Minneapolis Convention Center4.52.8 mi
- Minnesota State Fair4.76.4 mi
- Topgolf Brooklyn Center4.39.8 mi
- Mall of America®4.65.5 mi
- U.S. Bank Stadium4.63.3 mi
- Como Park Zoo & Conservatory4.77.3 mi
- Minnesota Zoo4.612 mi
- Minneapolis Institute of Art4.82.1 mi
- Minneapolis Institute of Art4.82.1 mi
- Science Museum of Minnesota4.69.1 mi
- University of Minnesota Landscape Arboretum4.816.9 mi
- Union Depot4.59.7 mi
- Walker Art Center4.52.7 mi
- Como Park Zoo & Conservatory4.77.3 mi
- Minneapolis Sculpture Garden4.72.8 mi
- Centennial Lakes Park4.74.8 mi
- Lake Harriet Regional Park4.81.2 mi
- Boom Island Park4.74.4 mi
- Pool and Yacht Club4.77.4 mi
- Watergate Marina4.56.1 mi
- Lake Harriet4.41.2 mi
- Topgolf Brooklyn Center4.39.8 mi
- Edinburgh USA4.412.8 mi
- The Minikahda Club4.42.1 mi
- Puttery4.73.7 mi
- Braemar Golf Course4.46.5 mi
- Mall of America®4.65.5 mi
- Rosedale Center4.37.9 mi
- Twin Cities Premium Outlets4.58.6 mi
- Ridgedale Center4.48 mi
- Karmel Mall4.11.4 mi
- Minneapolis-Saint Paul International Airport4.44.6 mi
- Shoyu3.74.8 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 diverges 23.2% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $307,400 (23.2% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $307,400 (-23.2% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.