I am using the following formula: =MIN(IF(A1:A5>B1,A1:A5)) use Ctrl-Shift-Enter My value for B1 is 10 and my array is {1,5,4,2,7} so in this case no value is greater than 1
Try using SMALL instead of MIN, i.e.
SMALL
MIN
=SMALL(IF(A1:A5>B1,A1:A5),1)
Unlike MIN the SMALL function will return an error [#NUM!] for your example
....or if you want a text value instead of an error then use IFERROR function, too, i.e.
=IFERROR(SMALL(IF(A1:A5>B1,A1:A5),1),"None")