House Prices

Downtown West Minneapolis, MN House Prices & Home Values 2026


Average Data

average house price$439,177
average size per house1676 ft²
average price per ft²263 $ / ft²

04/17/2026 - The value range (VR) for house prices in Downtown West Minneapolis, MN is $251/ sqft to $293/ sqft. An average home with 1676 sqft costs approximately $421,518 to $492,051. Minneapolis, MN includes 2 ZIP codes and it is located in Hennepin county. The lowest prices are found in ZIP 55403, while the highest are in ZIP 55402. The average price per sqare feet is $263. Our analysis is based on 16 property listings.

Avergage prices by ZIP codes Downtown West Minneapolis

55402293 $ / ft²
55403251 $ / ft²




Historical development of home values in Downtown West Minneapolis

Year Estimated value (USD) Change vs. 2025
2010 $203,962 -53.6%
2011 $196,075 -55.4%
2012 $195,547 -55.5%
2013 $202,856 -53.8%
2014 $212,942 -51.5%
2015 $223,871 -49.0%
2016 $235,555 -46.4%
2017 $248,268 -43.5%
2018 $261,994 -40.3%
2019 $274,142 -37.6%
2020 $288,314 -34.4%
2021 $327,926 -25.3%
2022 $382,288 -13.0%
2023 $403,141 -8.2%
2024 $426,463 -2.9%
2025 $439,177 0.0%

Graph: estimated home values in Downtown West Minneapolis over time (USD)



Example: 100% financing house in Downtown West Minneapolis

Loan amount: $439,177

Interest rate: 6.01%

Fixed monthly payment: $2,636.48

Breakdown in the 1st month:
Interest portion: $2,200.28  –  Principal portion: $436.20

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $26,256.65 $5,381.08 $433,795.92
2 $25,924.08 $5,713.65 $428,082.27
3 $25,570.95 $6,066.78 $422,015.49
4 $25,195.99 $6,441.74 $415,573.76
5 $24,797.86 $6,839.86 $408,733.89
6 $24,375.13 $7,262.60 $401,471.29
7 $23,926.27 $7,711.46 $393,759.83
8 $23,449.66 $8,188.06 $385,571.77
9 $22,943.60 $8,694.12 $376,877.64
10 $22,406.27 $9,231.46 $367,646.18
11 $21,835.72 $9,802.01 $357,844.17
12 $21,229.91 $10,407.82 $347,436.36
13 $20,586.66 $11,051.07 $336,385.29
14 $19,903.65 $11,734.07 $324,651.21
15 $19,178.43 $12,459.29 $312,191.92
16 $18,408.39 $13,229.34 $298,962.58
17 $17,590.76 $14,046.97 $284,915.61
18 $16,722.59 $14,915.14 $270,000.48
19 $15,800.77 $15,836.96 $254,163.51
20 $14,821.97 $16,815.76 $237,347.76
21 $13,782.68 $17,855.05 $219,492.71
22 $12,679.15 $18,958.57 $200,534.14
23 $11,507.43 $20,130.30 $180,403.84
24 $10,263.28 $21,374.44 $159,029.39
25 $8,942.24 $22,695.48 $136,333.91
26 $7,539.56 $24,098.17 $112,235.74
27 $6,050.18 $25,587.54 $86,648.20
28 $4,468.75 $27,168.97 $59,479.23
29 $2,789.59 $28,848.14 $30,631.09
30 $1,006.64 $30,631.09 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Downtown West Minneapolis, MN


1500 sqft3900 sqft
Ø selling price$478,300$1,017,474
Ø fast selling$434,818$915,727
Ø high price sale$521,782$1,119,222

In 2026, houses in Downtown West Minneapolis, MN will be offered at an average price of $263 per square foot. A 1,500 sqft home priced at $478,300 is 23.05% more expensive per square foot than a 3,900 sqft home priced at $1,017,474. Home prices in Downtown West Minneapolis, MN vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $704,405. Sellers who can wait longer may achieve a higher price of up to $860,940.


Downtown West, Minneapolis, MN: Urban Energy and Riverfront Access

Discover Downtown West, Minneapolis, MN, a vibrant urban core blending business, culture, dining, and convenient city living.

Location and Lifestyle

Centered around Nicollet Mall and Hennepin Avenue, the neighborhood offers a highly walkable lifestyle with block-by-block energy.

Residents enjoy year-round comfort via the expansive Minneapolis Skyway System, connecting offices, shops, and eateries.

Peavey Plaza and pocket parks provide green pauses amid the skyline.

Business, Culture, and Dining

Iconic towers like the IDS Center and the historic Foshay Tower anchor the skyline and house top employers.

The Hennepin Theatre District brings Broadway tours and concerts, while acclaimed restaurants and craft cocktail bars line Nicollet and nearby streets.

From quick lunch spots to chef-driven kitchens, dining in Downtown West Minneapolis suits every schedule.

Housing and Transportation

Housing ranges from modern high-rise apartments and condos to updated historic buildings, appealing to professionals, downsizers, and urban enthusiasts.

Transit is effortless with the METRO light rail at Nicollet Mall Station, plentiful bus routes, bike lanes, and easy freeway access.

Things to Do and Landmarks

On weekends, explore art, sports, and riverfront trails nearby, or simply shop, dine, and people-watch in the heart of the Minneapolis Downtown West neighborhood.



FAQ – Home Values in Downtown West Minneapolis

What is the median home value in Downtown West Minneapolis in 2026?

In 2026, the typical home value in Downtown West Minneapolis is about $439,177 for an average home size of 1676 square feet. This corresponds to an average price of roughly $263 per square foot.

What is the average cost per square foot in Downtown West Minneapolis?

In 2026, homes in Downtown West Minneapolis sell for an average of around $263 per square foot, with a typical range between $251 and $293 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Downtown West?

The average home size in Downtown West Minneapolis is about 1676 square feet, with an estimated 2026 value around $439,177.



Neighborhoods close to Downtown West Minneapolis, MN

Lyndale Minneapolis, MN230 $ / ft²
Taconite Harbor Schroeder, MN168 $ / ft²
Giants Ridge Biwabik, MN125 $ / ft²
Downtown Excelsior Excelsior, MN295 $ / ft²
Chanhassen Hills Chanhassen, MN238 $ / ft²
Carver Bluffs Carver, MN181 $ / ft²
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