Southwest Minneapolis is a desirable community of about eight square miles with a population of just over 48,000. Here, you can find a blend of nine distinct neighborhoods: East Harriet, Kingfield, Fulton, Linden Hills, Lynnhurst, Tangletown, Armatage, Kenny and Windom.
Curious about the market? As of early 2016, the market trends for Southwest Minneapolis reflect the following:
The median listing price for homes for sale is around $390,000.
The price per square foot is $192
The median closing price is $335,000.
Nearly ¾ of homes are owned, around 20% are rented and about 5% are vacant.
The average home is 73 years old, which is on par with the rest of the city’s housing stock.
Not surprisingly, the real estate you’ll find in the periphery of Lake Harriet and Lake Calhoun – which includes the Linden Hills and Lynnhurst neighborhoods – is the most expensive.
Armatage, known for its beautiful post-WWII properties, is also one of Minneapolis’ most sought-out neighborhoods.
Windom, on the community’s southern end, is quieter and offers plenty of single-families available at reasonable prices to fit your bill.
Kingfield, near Interstate 35W, is booming with culture and features a more affordable housing stock than some of the other neighborhoods you’ll see in Southwest Minneapolis.
Are you looking to relax and have fun outdoors? You can do so at three of the community’s favorite attractions: Minnehaha Creek, Lake Calhoun and Lake Harriet.
The former is a tributary of the Mississippi River that flows right through Southwest Minneapolis. Here, you are free to walk, run or bike along its banks and enjoy its scenic beauty.
Lake Harriet is surrounded by parkland and is one of the city’s most popular outdoor areas. It offers the usual water sports like sailing and fishing, and even has a bandshell to the north end where you can watch summer concerts and shows.
Both Lake Calhoun and Harriet also offer kayaking, canoeing, paddle boarding and trolley rides; you’ll never find yourself bored.
Are you up for an adventure? Southwest Minneapolis real estate awaits!