House Prices

East Phillips Minneapolis, MN House Prices & Home Values 2026


Average Data

average house price$237,991
average size per house1242 ft²
average price per ft²198 $ / ft²

04/17/2026 - The value range (VR) for house prices in East Phillips Minneapolis, MN is $188.1/ sqft to $207.9/ sqft. An average home with 1242 sqft costs approximately $240,162 to $265,442. Minneapolis, MN includes 1 ZIP codes and it is located in Hennepin county. The lowest prices are found in ZIP 55407, while the highest are in ZIP 55407. The average price per sqare feet is $198. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes East Phillips Minneapolis

55407197 $ / ft²




Historical development of home values in East Phillips Minneapolis

Year Estimated value (USD) Change vs. 2025
2010 $110,527 -53.6%
2011 $106,253 -55.4%
2012 $105,967 -55.5%
2013 $109,928 -53.8%
2014 $115,394 -51.5%
2015 $121,316 -49.0%
2016 $127,648 -46.4%
2017 $134,537 -43.5%
2018 $141,975 -40.3%
2019 $148,558 -37.6%
2020 $156,238 -34.4%
2021 $177,704 -25.3%
2022 $207,163 -13.0%
2023 $218,463 -8.2%
2024 $231,101 -2.9%
2025 $237,991 0.0%

Graph: estimated home values in East Phillips Minneapolis over time (USD)



Example: 100% financing house in East Phillips Minneapolis

Loan amount: $237,991

Interest rate: 6.17%

Fixed monthly payment: $1,452.68

Breakdown in the 1st month:
Interest portion: $1,223.27  –  Principal portion: $229.41

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,600.11 $2,832.08 $235,158.92
2 $14,420.40 $3,011.79 $232,147.13
3 $14,229.29 $3,202.90 $228,944.23
4 $14,026.06 $3,406.14 $225,538.10
5 $13,809.93 $3,622.27 $221,915.83
6 $13,580.08 $3,852.11 $218,063.71
7 $13,335.65 $4,096.55 $213,967.17
8 $13,075.70 $4,356.49 $209,610.68
9 $12,799.27 $4,632.92 $204,977.75
10 $12,505.29 $4,926.90 $200,050.85
11 $12,192.66 $5,239.53 $194,811.32
12 $11,860.19 $5,572.00 $189,239.32
13 $11,506.63 $5,925.57 $183,313.75
14 $11,130.63 $6,301.57 $177,012.18
15 $10,730.77 $6,701.43 $170,310.75
16 $10,305.53 $7,126.66 $163,184.09
17 $9,853.32 $7,578.87 $155,605.22
18 $9,372.41 $8,059.78 $147,545.44
19 $8,860.99 $8,571.21 $138,974.23
20 $8,317.11 $9,115.08 $129,859.15
21 $7,738.72 $9,693.47 $120,165.67
22 $7,123.63 $10,308.56 $109,857.11
23 $6,469.51 $10,962.68 $98,894.43
24 $5,773.89 $11,658.30 $87,236.13
25 $5,034.12 $12,398.07 $74,838.06
26 $4,247.42 $13,184.78 $61,653.29
27 $3,410.79 $14,021.40 $47,631.88
28 $2,521.08 $14,911.11 $32,720.77
29 $1,574.91 $15,857.28 $16,863.49
30 $568.70 $16,863.49 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in East Phillips Minneapolis, MN


1500 sqft3900 sqft
Ø selling price$369,433$785,884
Ø fast selling$335,848$707,296
Ø high price sale$403,018$864,472

In 2026, houses in East Phillips Minneapolis, MN will be offered at an average price of $198 per square foot. A 1,500 sqft home priced at $369,433 is 23.64% more expensive per square foot than a 3,900 sqft home priced at $785,884. Home prices in East Phillips Minneapolis, MN vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $544,074. Sellers who can wait longer may achieve a higher price of up to $664,979.

FAQ – Home Values in East Phillips Minneapolis

What is the median home value in East Phillips Minneapolis in 2026?

In 2026, the typical home value in East Phillips Minneapolis is about $237,991 for an average home size of 1242 square feet. This corresponds to an average price of roughly $198 per square foot.

What is the average cost per square foot in East Phillips Minneapolis?

In 2026, homes in East Phillips Minneapolis sell for an average of around $198 per square foot, with a typical range between $188.1 and $207.9 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in East Phillips?

The average home size in East Phillips Minneapolis is about 1242 square feet, with an estimated 2026 value around $237,991.



Neighborhoods close to East Phillips Minneapolis, MN

Lyndale Minneapolis, MN230 $ / ft²
Taconite Harbor Schroeder, MN168 $ / ft²
Giants Ridge Biwabik, MN125 $ / ft²
Downtown West Minneapolis, MN293 $ / ft²
Downtown Excelsior Excelsior, MN295 $ / ft²
Chanhassen Hills Chanhassen, MN238 $ / ft²
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