Where home prices are falling in the Minneapolis area
Home values, 1-year change, September 2026 · Zillow ZHVI (Sep 2026) · updated 2026-11-15
Home values fell over the past year in 15 of the 209 ZIP codes in the Minneapolis area with figures; the median change was +2.1%.
The largest fall was 13.7% in ZIP code 55415 (Downtown East, Minneapolis, MN), and the tenth-largest was 1.9% in ZIP code 55414 (Prospect Park, Minneapolis, MN).
Home values rose 1.7% across the Minneapolis area and rose 1.2% nationally over the same 12 months.
Where home prices are falling in the Minneapolis area: the 15
| Rank | ZIP code | Home values, 1-year change | Typical home value | Rents, 1-year change |
|---|---|---|---|---|
| 1 | 55415Downtown East, Minneapolis, MN | −13.7% | $357,000 | +6.2% |
| 2 | 55101Saint Paul, MN | −11.6% | $179,000 | +1.9% |
| 3 | 55435Edina, MN | −8.5% | $215,000 | +5.7% |
| 4 | 55425Bloomington, MN | −8.4% | $321,000 | +4.7% |
| 5 | 55403Lowry Hill, Minneapolis, MN | −7.5% | $195,000 | +3.0% |
| 6 | 55454Cedar-Riverside, Minneapolis, MN | −6.4% | $145,000 | – |
| 7 | 55413Mid-City Industrial, Minneapolis, MN | −4.3% | $324,000 | +5.0% |
| 8 | 55401North Loop, Minneapolis, MN | −3.4% | $303,000 | +3.5% |
| 9 | 55114Saint Paul, MN | −2.1% | $278,000 | +3.2% |
| 10 | 55414Prospect Park, Minneapolis, MN | −1.9% | $339,000 | +2.9% |
| 11 | 55416Cedar-Isles, Saint Louis Park, MN | −0.7% | $408,000 | +2.4% |
| 12 | 55301Albertville, MN | −0.2% | $383,000 | – |
| 13 | 55328Delano, MN | −0.2% | $441,000 | – |
| 14 | 55344Eden Prairie, MN | −0.1% | $342,000 | +3.9% |
| 15 | 55443Brooklyn Park, MN | −0.1% | $380,000 | +5.0% |
- Under +1.0%
- +1.0% to +2.0%
- +2.0% to +3.0%
- +3.0% or more
- Not ranked
More rankings for the Minneapolis area
- Cheapest ZIP codes
- Most expensive ZIP codes
- Where home prices are rising fastest
- Cheapest rent by ZIP code
- Highest rent by ZIP code
- Where rents are falling
- Where rents are rising fastest
- Richest ZIP codes (household income)
- Cheapest suburbs
- Most expensive suburbs
- Richest suburbs (household income)
- Largest suburbs (population)
- Minneapolis metro area: all figures
Where home prices are falling in other metro areas
- New York, NY
- Los Angeles, CA
- Chicago, IL
- Dallas, TX
- Houston, TX
- Atlanta, GA
- Washington, DC
- Miami, FL
- Philadelphia, PA
- Phoenix, AZ
- Boston, MA
- Riverside, CA
- San Francisco, CA
- Detroit, MI
- Seattle, WA
- Tampa, FL
- San Diego, CA
- Denver, CO
- Orlando, FL
- Charlotte, NC
- Baltimore, MD
- St. Louis, MO
- San Antonio, TX
- Austin, TX
- Portland, OR
- Sacramento, CA
- Pittsburgh, PA
- Las Vegas, NV
- Cincinnati, OH
- Kansas City, MO
- Columbus, OH
- Indianapolis, IN
- Nashville, TN
- Cleveland, OH
- San Jose, CA
- Virginia Beach, VA
- Jacksonville, FL
- Raleigh, NC
- Oklahoma City, OK
- Louisville, KY
- Memphis, TN
- Salt Lake City, UT
- Fresno, CA
- Birmingham, AL
Source and method
Home values, 1-year change: Zillow ZHVI (Sep 2026); figures for September 2026. ZIP codes with at least 1,000 residents and a published figure are ranked (209 of them in the Minneapolis area). This page lists only the 15 where the figure fell. The metro area is the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan statistical area. Place names for ZIP codes are the neighborhood or city the ZIP code mostly covers. Compiled by Home Economics.
Zillow's "typical" home value and rent are index values for the middle of the market (the Zillow Home Value Index and Observed Rent Index), not median sale prices or asking rents. One-year changes are over the 12 months to September 2026. Income and population come from the Census Bureau's American Community Survey and carry sampling error, most of all in small places.