Minneapolis - Downtown

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!

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MSP Group

612-226-2080

contact@mspgroup.us

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