Median home value in zip code 55408 (Minneapolis, MN) is $282,167, up 0.8% year over year. Part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area.

Home Value$282,167

YoY Change

+0.8%

Prices rising — worse for buyers.

Affordability

Enter your income for 55408 (Minneapolis).

Income (annual)

Down Payment

$56,433 on $282,167

Example: $75,000 household income. Change it above to see your own.

Stretch29.7% of income

Above 28% but manageable with cuts.

PITI$1,854

P/I29.7%

Afford$266K

Gap-$16K

P&I $1,427Tax $277Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

55408 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 analysis

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.