55403 — Minneapolis, MN Home Values
Typical home value $187,851 as of August 2026 · 223rd of 225 in Minneapolis-St. Paul-Bloomington, MN-WI
Blue: typical home value (Zillow ZHVI) in ZIP code 55403, August 2021 to August 2026. This page shows observed data only; no forecast.
How 55403 compares in the Minneapolis-St. Paul-Bloomington, MN-WI area
ZIP code 55403 (Minneapolis, MN) has a typical home value of $187,851 as of August 2026, ranking 223rd of 225 ZIP codes tracked in the Minneapolis-St. Paul-Bloomington, MN-WI area, more expensive than about 1% of ZIP codes in the metro. Prices here have moved -7.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed -23.2%, from $244,690 in August 2021 to $187,851 in August 2026. Against observed rent, the typical home here sells for 10.9× the annual rent ($1,436/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Minneapolis-St. Paul-Bloomington, MN-WI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Minneapolis.
Population and demographics
ZIP code 55403 has a population of 17,354, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 70.3% White, 12.9% Black or African American, 7.7% Hispanic or Latino, 3.9% Asian, 3.8% two or more races, 1% American Indian or Alaska Native, and 0.3% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| WELLSTONE INTERNATIONAL HIGH | 1501 HENNEPIN AVENUE, MINNEAPOLIS, MN | 0.2 mi |
| Wellstone International High - SWS | 1501 HENNEPIN AVENUE, MINNEAPOLIS, MN | 0.2 mi |
| EMERSON ELEMENTARY | 1421 SPRUCE PLACE, MINNEAPOLIS, MN | 0.2 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 55403?
$187,851 as of August 2026, the latest month Zillow has published observed data for.
Is 55403 an expensive ZIP code in the Minneapolis-St. Paul-Bloomington, MN-WI area?
55403 ranks 223rd of 225 ZIP codes in the Minneapolis-St. Paul-Bloomington, MN-WI area by typical home value, more expensive than about 1% of ZIP codes in the metro.
How much have home values in 55403 changed over the past year?
-7.4% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 55403?
The typical home price is 10.9× the observed annual rent in this ZIP code ($1,436/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 55403?
17,354, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 55403?
WELLSTONE INTERNATIONAL HIGH (0.2 mi), Wellstone International High - SWS (0.2 mi), EMERSON ELEMENTARY (0.2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 55403?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Minneapolis-St. Paul-Bloomington, MN-WI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.