The story of this market
The typical home in ZIP 55419 sells for about $449,000, or $260 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,609 a month.
ZIP 55419 — Minneapolis
The 55419 housing market remains stable with steady demand for single-family homes, driven by its desirable location and strong school district. While inventory remains tight, price growth has moderated compared to previous years, reflecting a balanced market environment.
This ZIP is ideal for families seeking established neighborhoods with strong school ties, as well as professionals who value a short commute to the city center while maintaining a quiet, residential lifestyle.
Median prices moved up 2.1% year over year.
Homes spend a median of 32 days on market with 2.4 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.5% · poverty 5.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 55419, 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.
Crime in the 55419 area is generally lower than the Minneapolis city average, with property crime being the primary concern. Residents typically experience a suburban-like safety profile within the city limits.
The area is served by highly regarded public schools within the Minneapolis Public Schools district, including Kenny Elementary, which is a focal point for local families.
The area faces standard urban climate risks, primarily related to heavy rainfall and potential basement flooding, with no significant wildfire or major wind-hazard exposure.
Economic momentum is driven by the proximity to the Minneapolis employment core and the ongoing revitalization of commercial corridors along Nicollet and Lyndale Avenues.
Property taxes are assessed by Hennepin County based on market value, with rates determined by a combination of city, county, and school district levies.
Residents benefit from excellent access to I-35W and Highway 62, providing a direct 15-20 minute commute to downtown Minneapolis.
The area features abundant green space, including Kenny Park and nearby Lake Harriet, offering extensive walking trails, sports facilities, and proximity to the Chain of Lakes.
The rental market is characterized by high demand for single-family home rentals and duplexes, with low vacancy rates and steady rent growth.
The economy is anchored by the diverse Minneapolis-St. Paul regional job market, with strong representation in healthcare, retail, and professional services.
The area is well-served by Metro Transit bus routes connecting to the downtown core and the broader light rail network.
Development is primarily focused on residential infill and the modernization of existing commercial nodes along major transit corridors.
Parcels are subject to Minneapolis Public Schools and Hennepin County taxing jurisdictions.
Standard homeowner insurance market with typical coverage requirements for urban residential properties.
Data retrieved from US Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Mall of America®4.64.2 mi
- Valleyfair4.210.9 mi
- Great Wolf Lodge | Minnesota3.93.6 mi
- Nickelodeon Universe4.54.2 mi
- Slick City Action Park4.514.4 mi
- U.S. Bank Stadium4.64.9 mi
- Grand Casino Arena4.69.6 mi
- Minneapolis Convention Center4.54.5 mi
- Minnesota State Fair4.77.6 mi
- Topgolf Brooklyn Center4.311.4 mi
- Mall of America®4.64.2 mi
- U.S. Bank Stadium4.64.9 mi
- Como Park Zoo & Conservatory4.78.4 mi
- Minnesota Zoo4.610.6 mi
- Valleyfair4.210.9 mi
- Minneapolis Institute of Art4.83.7 mi
- Science Museum of Minnesota4.69.6 mi
- University of Minnesota Landscape Arboretum4.816.3 mi
- Union Depot4.510.3 mi
- Walker Art Center4.54.3 mi
- Como Park Zoo & Conservatory4.78.4 mi
- Minneapolis Sculpture Garden4.74.4 mi
- Centennial Lakes Park4.73.3 mi
- Lake Harriet Regional Park4.81.8 mi
- Boom Island Park4.76 mi
- Pool and Yacht Club4.77.5 mi
- Watergate Marina4.56 mi
- Lake Harriet4.41.4 mi
- Lake Harriet4.41.4 mi
- Topgolf Brooklyn Center4.311.4 mi
- The Minikahda Club4.43 mi
- Puttery4.75.3 mi
- Braemar Golf Course4.45.4 mi
- Brookview Golf Course and Lawn Bowling4.26.8 mi
- Mall of America®4.64.2 mi
- Rosedale Center4.39.3 mi
- Twin Cities Premium Outlets4.57.2 mi
- Ridgedale Center4.48.5 mi
- Karmel Mall4.13 mi
- Minneapolis-Saint Paul International Airport4.43.9 mi
- Shoyu3.74.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central community hub featuring playgrounds, sports fields, and a recreation center.
A major regional attraction offering beaches, walking paths, and summer concerts.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.