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Minneapolis, MN Real Estate Statistics
Average Price
$544K
Lowest Price
$125K
Highest Price
$7.5M
Total Listings
675
Avg. Days On Market
80
Avg. Price/SQFT
$827
Minneapolis Communities
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Comprehensive Guide to Minneapolis Condos & Lofts. Discover all the Minneapolis condos & lofts for sale
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Discover More About Minneapolis, MN
Minneapolis, the largest city in Minnesota, is a vibrant blend of cultural richness and natural beauty. Known as one half of the "Twin Cities," Minneapolis has a diverse population and a thriving arts scene, featuring landmarks like the Walker Art Center and the iconic Guthrie Theater. Its 78 unique neighborhoods offer atmospheres for every taste, from the historic charm of Nicollet Island to the modern energy of Downtown and North Loop.
With over 425,000 residents, Minneapolis has grown into a bustling urban hub that maintains a welcoming, community-focused feel. The beloved Chain of Lakes offers outdoor enthusiasts opportunities for biking, walking, and kayaking, while scenic nearby towns like Stillwater and Excelsior make for easy day trips. Balancing cosmopolitan appeal with Midwestern warmth, Minneapolis invites new residents with open arms and endless possibilities.
Explore Minneapolis Real Estate
Minneapolis real estate offers a rich diversity of homes, accommodating various lifestyles and budgets. The city’s housing market ranges from modern high-rise condos in Downtown and North Loop to charming single-family homes in neighborhoods like Powderhorn and Northeast. For those seeking the iconic urban loft experience, North Loop provides a mix of contemporary lofts and converted warehouse spaces, ideal for young professionals and creatives. 
Prices in Minneapolis vary widely by neighborhood. High-demand areas such as Kenwood and Lowry Hill feature elegant historic homes and lakeside properties, often valued in the high six to seven figures. Linden Hills and East Isles also attract buyers seeking luxury properties with close proximity to scenic Lake Harriet and Lake of the Isles. Meanwhile, more affordable neighborhoods like Seward, Standish, and Nokomis offer a mix of bungalows, mid-century homes, and newer condos, making these areas popular among first-time homebuyers and families.
Minneapolis real estate also includes a significant market for investment properties. With flexible rental regulations in neighborhoods such as Uptown and Downtown East, the city is an attractive option for buyers interested in short-term rental properties, including Airbnb-friendly options. Additionally, historic properties are available throughout the city, some dating back to the early 1900s, which offer distinctive architectural details for buyers seeking a unique home with character.
Whether you’re looking for a sleek condo in the heart of the city, a family home near parks and top-rated schools, or an investment property with strong rental potential, Minneapolis’s real estate market provides ample opportunity to find the perfect fit!
Minneapolis Highlights & Amenities
Minneapolis combines urban sophistication with abundant green spaces, offering a range of amenities that make it one of the most livable cities in the Midwest! Known as the “City of Lakes,” Minneapolis boasts over 20 lakes and an extensive park system that includes iconic areas like Minnehaha Park, home to the beautiful Minnehaha Falls, and the Chain of Lakes, a popular spot for biking, kayaking, and picnicking. Lake Harriet and Lake of the Isles are especially loved for their scenic walking trails and seasonal events.
The city is also a cultural hub, hosting renowned institutions like the Walker Art Center, Minneapolis Institute of Art, and the Guthrie Theater. The North Loop and Uptown areas offer trendy restaurants, craft breweries, and local boutiques, while Nicollet Mall in Downtown provides a lively shopping and dining destination. For sports enthusiasts, Minneapolis is home to major teams like the Minnesota Vikings (NFL) at U.S. Bank Stadium, Minnesota Twins (MLB) at Target Field, and Minnesota Timberwolves (NBA) at the Target Center. 
Education and healthcare are top-notch in Minneapolis, with well-regarded institutions such as the University of Minnesota and leading medical facilities like Abbott Northwestern Hospital. The city’s neighborhoods are also served by a strong network of public and private schools, making it an ideal place for families.
Minneapolis is celebrated for its extensive bike and pedestrian trails, and the city’s focus on sustainability has led to numerous green initiatives and public transportation options, including the Metro Transit light rail connecting Downtown to neighborhoods, suburbs, and the airport. From vibrant arts scenes to outdoor activities and accessible transit, Minneapolis offers a balanced lifestyle that appeals to residents of all ages and backgrounds.
Minneapolis, MN FAQs
What is the weather like in Minneapolis?
Minneapolis experiences four distinct seasons, with cold winters that often bring snowfall and warm, humid summers. Winter temperatures can drop below freezing, while summers typically see highs in the 70s and 80s (°F).
Is Minneapolis a bike-friendly city?
Yes! Minneapolis is known for its extensive bike trails and infrastructure, making it one of the most bike-friendly cities in the U.S. The city has hundreds of miles of trails, including paths around the Chain of Lakes and along the Mississippi River.
What are some popular neighborhoods in Minneapolis?
Popular neighborhoods in Minneapolis include Uptown, North Loop, Linden Hills, and the Mill District. Each offers a unique vibe, from the artsy scene in Uptown to the historic charm of the Mill District.
What is the cost of living in Minneapolis?
The cost of living in Minneapolis is moderate compared to other major U.S. cities. Housing prices vary by neighborhood, with some areas offering affordable options and others, like Kenwood and Lowry Hill, featuring higher-end properties.
What is Minneapolis known for?
Minneapolis is known for its arts and culture, including the Guthrie Theater, Walker Art Center, and First Avenue. It's also famous for its beautiful lakes, parks, and strong emphasis on outdoor activities.
How is public transportation in Minneapolis?
Minneapolis has a well-developed public transportation system, including buses and the Metro Transit light rail, which connects downtown Minneapolis to Saint Paul, the airport, and the Mall of America.
