Median home value in zip code 55407 (Minneapolis, MN) is $309K, up 1.0% year over year. Part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area.
Full stress scores, AI analysis, and 12-month forecast: Minneapolis-St. Paul-Bloomington, MN-WI metro →
Home Value$308,600
YoY Change
+1.0%
AFFORDABILITY6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for 55407 (Minneapolis).
$61,720 on $308,600
Stretch — 32.2% of income
Above 28% but manageable with cuts.
PITI$2,014
P/I32.2%
Afford$268K
Gap-$40K
P&I $1,560Tax $303Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Metro Analysis
55407 is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.
View Minneapolis-St. Paul-Bloomington, MN-WI analysisWant deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.
Try Free