Minneapolis Real Estate - Find Your Perfect Home For Sale!
Minneapolis - Town vs. County Stats
Avg Price in Minneapolis: $641,100 / County Avg $760,000
Avg Taxes in Minneapolis: $7,400 / County Avg $7,300
Avg Sq. Ft. in Minneapolis: 2,218 / County Avg 3,214
Avg Price per/ft2 in Minneapolis: $289 / County Avg $236
Avg Walkscore in Minneapolis: 70 / County Avg 37
Avg Year Built in Minneapolis: 1959 / County Avg 1977
Avg Days on Website in Minneapolis: 57 / County Avg 67
Minneapolis Real Estate Market Health
Minneapolis is located on the banks of the Mississippi and the Minnesota River, next to the city of St. Paul. The Minneapolis-St. Paul area is known as the “Twin Cities” and has approximately 3.3 million residents. The city was once the flour milling capital of the world and today has a strong economy based on commerce, rail and trucking services, finance, industry and health care. The city is the headquarters of several Fortune 500 corporations including Target Corporation and U.S. Bancorp. Choosing Minneapolis homes for sale is a smart choice according to a 2006 Kiplinger’s poll. Minneapolis was the second best city among Smart Places to Live and one of the Seven Cool Cities for young professionals.
There are a number of neighborhoods located in Minneapolis, offering a diverse selection of housing. Included are the neighborhoods of:
· Calhoun – Isles
· Near North
Many homes provide a view of the Mississippi River or a skyline view of the Twin Cities. There are a number of Victorian style homes dating from the 1800's.
For the young professionals, Minneapolis real estate is situated in the midst of the Twin Cities and this provides the perfect location. Many of these housing options include lofts and condos, which are often chosen by young families as well.
Minneapolis public schools have an enrollment of approximately 36,370 students in primary and secondary schools. The University of Minnesota is attended by over 50,000 students. The U of M is a Big Ten school and the sixth largest campus when it comes to enrollment within the U.S. Residents of Minneapolis real estate enjoys many activities including live theater and the city has the third-largest theater market in the United States. Sports, parks, gardens, bird sanctuaries, snow skiing and golfing are just a few of the opportunities available to residents.
The oldest public wildflower garden is located in Theodore Wirth Park. Minnehaha Falls, a 53-foot falls is located in Minnehaha Park, attracts more than 500,000 visitors annually. There are five golf courses that may be enjoyed by those who choose Minneapolis homes for sale. The Hazeltine National Golf Club is nationally ranked. Providing something for everyone, the city of Minneapolis is a great choice when searching for a new home.