House Prices

Hiawatha Minneapolis, MN House Prices & Home Values 2026


Average Data

average house price$336,029
average size per house1618 ft²
average price per ft²205 $ / ft²

04/17/2026 - The value range (VR) for house prices in Hiawatha Minneapolis, MN is $194.75/ sqft to $215.25/ sqft. An average home with 1618 sqft costs approximately $309,434 to $342,006. Minneapolis, MN includes 1 ZIP codes and it is located in Hennepin county. The lowest prices are found in ZIP 55406, while the highest are in ZIP 55406. The average price per sqare feet is $205. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Hiawatha Minneapolis

55406207 $ / ft²




Historical development of home values in Hiawatha Minneapolis

Year Estimated value (USD) Change vs. 2025
2010 $156,058 -53.6%
2011 $150,023 -55.4%
2012 $149,619 -55.5%
2013 $155,212 -53.8%
2014 $162,929 -51.5%
2015 $171,292 -49.0%
2016 $180,231 -46.4%
2017 $189,958 -43.5%
2018 $200,460 -40.3%
2019 $209,755 -37.6%
2020 $220,599 -34.4%
2021 $250,907 -25.3%
2022 $292,502 -13.0%
2023 $308,457 -8.2%
2024 $326,301 -2.9%
2025 $336,029 0.0%

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



Example: 100% financing house in Hiawatha Minneapolis

Loan amount: $336,029

Interest rate: 5.89%

Fixed monthly payment: $1,991.39

Breakdown in the 1st month:
Interest portion: $1,649.90  –  Principal portion: $341.49

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,686.33 $4,210.36 $331,818.64
2 $19,431.45 $4,465.24 $327,353.40
3 $19,161.14 $4,735.55 $322,617.85
4 $18,874.46 $5,022.23 $317,595.62
5 $18,570.42 $5,326.27 $312,269.35
6 $18,247.99 $5,648.70 $306,620.65
7 $17,906.03 $5,990.66 $300,629.98
8 $17,543.37 $6,353.32 $294,276.66
9 $17,158.75 $6,737.94 $287,538.73
10 $16,750.86 $7,145.83 $280,392.89
11 $16,318.27 $7,578.42 $272,814.47
12 $15,859.49 $8,037.20 $264,777.26
13 $15,372.93 $8,523.76 $256,253.51
14 $14,856.93 $9,039.76 $247,213.75
15 $14,309.68 $9,587.01 $237,626.74
16 $13,729.31 $10,167.38 $227,459.36
17 $13,113.80 $10,782.89 $216,676.47
18 $12,461.04 $11,435.66 $205,240.82
19 $11,768.75 $12,127.94 $193,112.88
20 $11,034.55 $12,862.14 $180,250.74
21 $10,255.91 $13,640.78 $166,609.97
22 $9,430.14 $14,466.55 $152,143.41
23 $8,554.37 $15,342.32 $136,801.09
24 $7,625.58 $16,271.11 $120,529.98
25 $6,640.57 $17,256.12 $103,273.86
26 $5,595.93 $18,300.76 $84,973.10
27 $4,488.05 $19,408.64 $65,564.45
28 $3,313.10 $20,583.59 $44,980.86
29 $2,067.02 $21,829.67 $23,151.19
30 $745.50 $23,151.19 $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 Hiawatha Minneapolis, MN


1500 sqft3900 sqft
Ø selling price$365,378$777,258
Ø fast selling$332,162$699,533
Ø high price sale$398,594$854,984

In 2026, houses in Hiawatha Minneapolis, MN will be offered at an average price of $205 per square foot. A 1,500 sqft home priced at $365,378 is 22.59% more expensive per square foot than a 3,900 sqft home priced at $777,258. Home prices in Hiawatha 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 $538,102. Sellers who can wait longer may achieve a higher price of up to $657,680.


Hiawatha Neighborhood, Minneapolis MN

Overview

The Hiawatha neighborhood in Minneapolis, MN blends riverfront scenery with convenient urban living.

Located in the Longfellow community along the Mississippi River, it offers tree-lined streets, bike trails, and easy access to downtown.


Parks and Outdoors

Residents enjoy proximity to Minnehaha Park and Minnehaha Falls, with miles of paths for walking, biking, and winter recreation.

The Mississippi River Gorge, off-leash dog areas, and scenic overlooks make Hiawatha a destination for outdoor lovers.

Neighborhood green spaces, playgrounds, and community gardens foster an active, family-friendly vibe.


Transportation and Connectivity

Transit is a highlight, with the METRO Blue Line stations at 46th Street and 50th Street/Minnehaha connecting Hiawatha to downtown Minneapolis, MSP Airport, and Mall of America.

Commuters also benefit from Hiawatha Avenue (MN-55), abundant bike lanes, and the Hiawatha LRT Trail.


Homes and Amenities

Housing includes classic Craftsman bungalows, tidy post-war homes, and modern apartments near commercial corridors.

Local businesses, coffee shops, and breweries line nearby Minnehaha Avenue and 42nd Street, creating walkable convenience and neighborhood flavor.

Strong community groups and seasonal events enhance safety, connection, and pride of place.



FAQ – Home Values in Hiawatha Minneapolis

What is the median home value in Hiawatha Minneapolis in 2026?

In 2026, the typical home value in Hiawatha Minneapolis is about $336,029 for an average home size of 1618 square feet. This corresponds to an average price of roughly $205 per square foot.

What is the average cost per square foot in Hiawatha Minneapolis?

In 2026, homes in Hiawatha Minneapolis sell for an average of around $205 per square foot, with a typical range between $194.75 and $215.25 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Hiawatha?

The average home size in Hiawatha Minneapolis is about 1618 square feet, with an estimated 2026 value around $336,029.



Neighborhoods close to Hiawatha Minneapolis, MN

Lyndale Minneapolis, MN230 $ / ft²
Taconite Harbor Schroeder, MN168 $ / ft²
Giants Ridge Biwabik, MN125 $ / ft²
Downtown West Minneapolis, MN293 $ / ft²
Downtown Excelsior Excelsior, MN295 $ / ft²
Chanhassen Hills Chanhassen, MN238 $ / ft²




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