Are you thinking of moving to Minneapolis? Now is the time to head Downtown! As the local economy continues to grow steadily, the Downtown Minneapolis real estate market is expected to follow an upward trend.
If you love activity, then Downtown Central is your spot. The convenience of living within one of Minnesota’s most bustling cities drives many urban professionals to relocate to the area.
Located in the center of the city, with a population just shy of 30,000, Downtown is made up of 6 smaller neighborhoods: Downtown East, Downtown West, Elliot Park, Loring Park, North Loop (aka “the Warehouse District”) and Stevens Square/Loring Heights.
The Mill District, a neighborhood within Downtown East, blends parts of Downtown East and West and is bound on one side by the historic Mississippi River.
Historically the Downtown Central community was a renter’s market, although home ownership has been on the rise since the 1980s. Today, the majority of households are family-occupied and trend toward a younger demographic.
Single-family homes are a rarity in the Downtown area, but you will find a large market for newly constructed luxury condominiums and townhouses, as well as spacious apartments and lofts located in historically preserved, high-rise buildings.
Price wise, Downtown East has the most expensive real estate, with a median listing price of just around half a million dollars, while Downtown West is more affordable, with median listing prices closer to $200,000.
Living in Downtown Minneapolis means that you’re only steps away from the best restaurants and attractions within the state!
The city is a lively urban area with cultural hotspots including the Minneapolis Sculpture Garden, Mill City Museum, Guthrie Theatre, Minneapolis Convention Center, and so many more; you’ll never run out of things to do!
Downtown Minneapolis offers you more than just city living too. With close proximity to Lakes Calhoun and Harriet, as well as the Mississippi River, you can enjoy pastimes such as swimming, sunbathing, canoeing, and boating in the summer months.
The action doesn’t stop when it gets cold either! In the winter, you can partake in activities like ice fishing, snow tubing, ice-skating and skiing.
With all that Downtown Minneapolis has to offer, you’ll wonder why you ever wanted to live anywhere else!
Old and new meet along the riverfront in Northeast Minneapolis, where stunning architecture mixes with a diverse, vibrant arts and commercial hub.
A European-style walking neighborhood right in the heart of the city, Northeast Minneapolis real estate is a hot market.
The neighborhood features commercial areas along University Avenue, Central Avenue, and Broadway Street, paired with quieter "bedroom community" streets offering apartment, condo, and single-family homes for individuals of all ages.
New residential high-rises have been popular in recent years, but if you are a dedicated home hunter, you can still find reasonably priced single-family homes on quiet cul-de-sacs.
Historically, the Northeast was a blue-collar community with industrial roots and ready access to the freight railway. Residents were of Lebanese, Slovak, Finnish, German and Russian descent, among many others. The Polish especially had a profound impact, with many local businesses still bearing this eastern European influence.
In the 1970s the Neighborhood Revitalization Program assisted residents and business owners in improving existing constructions through grants and loans, resulting in massive condo developments.
In the early 2000s, much of the old industrial infrastructure was transformed into office or arts space, paving the way for the vibrant, creative community spirit that still beats strong today.
Now, you’ll find that galleries, boutiques, restaurants, and bars line the neighborhood's street and serve as focal points for the community.
The demographics have also changed. Young people from the nearby University of Minnesota are frequent renters while new immigrant groups (Somalis and Latin Americans) have begun establishing themselves.
Riverfront access, easy downtown commutes and a thriving community spirit all make Northeast one of the most desirable parts of Minneapolis no matter if you are looking to be a renter or homeowner!
Do you want to live in one of Minneapolis' trendiest and most in-demand neighborhoods? Calhoun Isles is the ultimate nightlife destination for the Twin Cities' hottest young professionals.
Calhoun Isles is a Minneapolis community comprised of several neighborhoods – Bryn Mawr, Lowry Hill, Lowry Hill East (aka “the wedge”), CARAG (Calhoun Area Residents’ Action Group), East Calhoun (aka “ECCO”), West Calhoun, Cedar-Isles-Dean, Kenwood and East Isles – where the majority of residents are considered upper middle class and above.
While most locals live in stylish apartments and condominiums, you’ll still find that single-family homes are also common.
Architectural styles range from Colonial and English Tudor, to Richardsonian Romanesque and Prairie Style.
As expected, the real estate tends to be significantly above the city average, with median list prices ranging from the upper $400,000 mark to $550,000. In neighborhoods like Kenwood and East Isles, the median listing price can climb to upwards of $850,000.
Home to the Uptown business district, Calhoun Isles is also one of the most exciting recreational and economic hot spots you’ll find in the Twin Cities.
From the trendy boutiques of Calhoun Square to the fun atmosphere of the Uptown Tavern, its streets are never short of entertainment.
Although bars, shopping centers, and coffee shops offer plenty of entertainment, you can also appreciate the area's natural scenery.
The neighborhood is named after two of the region's finest lakes: Lake Calhoun and Lake of the Isles. During the summer, you can hang out at the beach and stroll along the shores of these beautiful bodies of water!