55408 Real Estate Market Overview

Could Minneapolis, MN 55408 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 55408. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 55408 such as Sa...int Paul and Edina. When you’re ready, Trulia has 41 resale and new homes in 55408 lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$220,000

Median Sales Price

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$223

Price Per Sqft

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$2,472

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 55408 show a -8% year-over-year drop in median sales price and a -1% drop in median rent per month.

Median Sales Price
The median sales price for homes in 55408 for May 24 to Aug 23 was $220,000 based on 69 home sales.
Price Per Square Ft.
Average price per square foot for 55408 was $223, an increase of 5% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 55408 for Jul 24 to Aug 24 was $2,472.

Crime

Most frequent crimes in the past year

55408 has low crime relative to the rest of Hennepin County.

Knowing more about crime activity in and around 55408 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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990

Counts of Theft

256

Counts of Burglary

143

Counts of Robbery


Best Schools in 55408

There are 13 schools in 55408.

Elementary Schools
10

Lake Harriet Lower Elementary School

Public, K-3

10

Lake Harriet Upper School

Public, 4-8

5

Kenwood Elementary School

Public, K-5

Middle Schools
10

Lake Harriet Upper School

Public, 4-8

7

Anthony Middle School

Public, 6-8

1

Jefferson Elementary School

Public, PK-8

High Schools
7

Southwest Senior High School

Public, 9-12

3

Washburn Senior High School

Public, 9-12

N/A

Cristo Rey Jesuit High School Twin Cities

Private, 9-12


Demographics

Get to know your neighbors in 55408 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
70%
Single residents
Home owners
25%
Home owners
Median age
29
Median age
Household income
$48,619
Median household income
College educated
55%
College educated

Commute

Most people in 55408 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
70% commute by car
5% commute by bike
20% commute by public transportation
4% commute by foot

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