55403 Real Estate Market Overview

Could Minneapolis, MN 55403 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 55403. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 55403 such as Sa...int Paul and Edina. When you’re ready, Trulia has 55 resale and new homes in 55403 lined up for you, including open houses, and 6 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$300,000

Median Sales Price

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$221

Price Per Sqft

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$1,995

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 55403 show a 25% year-over-year rise in median sales price and a 1% rise in median rent per month.

Median Sales Price
The median sales price for homes in 55403 for May 25 to Aug 24 was $300,000 based on 29 home sales.
Price Per Square Ft.
Average price per square foot for 55403 was $221, a decrease of -4% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 55403 for Jul 25 to Aug 25 was $1,995.

Crime

Most frequent crimes in the past year

55403 has low crime relative to the rest of Hennepin County.

Knowing more about crime activity in 55403 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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11

Counts of Theft

2

Counts of Property Crime

2

Counts of Burglary


Best Schools in 55403

There are 4 schools in 55403.

Elementary Schools
3

Fair School Downtown

Public, K - 3

2

Emerson Elementary School

Public, PK - 5

Middle Schools
3

Kipp Stand Academy

Public, 5 - 8

High Schools
3

Loring-Nicollet High School

Public, 9 - 12


Demographics

Get to know your neighbors in 55403 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
79%
Single residents
Home owners
18%
Home owners
Median age
32
Median age
Household income
$35,549
Median household income
College educated
65%
College educated

Commute

Most people in 55403 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
62% commute by car
4% commute by bike
15% commute by public transportation
22% commute by foot

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