House Prices

Near North Minneapolis, MN House Prices & Home Values 2026


Average Data

average house price$216,404
average size per house1671 ft²
average price per ft²120 $ / ft²

04/17/2026 - The value range (VR) for house prices in Near North Minneapolis, MN is $114/ sqft to $126/ sqft. An average home with 1671 sqft costs approximately $176,207 to $194,756. Minneapolis, MN includes 1 ZIP codes and it is located in Hennepin county. The lowest prices are found in ZIP 55411, while the highest are in ZIP 55411. The average price per sqare feet is $120. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Near North Minneapolis

55411128 $ / ft²




Historical development of home values in Near North Minneapolis

Year Estimated value (USD) Change vs. 2025
2010 $100,502 -53.6%
2011 $96,616 -55.4%
2012 $96,355 -55.5%
2013 $99,957 -53.8%
2014 $104,927 -51.5%
2015 $110,312 -49.0%
2016 $116,069 -46.4%
2017 $122,334 -43.5%
2018 $129,097 -40.3%
2019 $135,083 -37.6%
2020 $142,067 -34.4%
2021 $161,585 -25.3%
2022 $188,372 -13.0%
2023 $198,647 -8.2%
2024 $210,139 -2.9%
2025 $216,404 0.0%

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



Example: 100% financing house in Near North Minneapolis

Loan amount: $216,404

Interest rate: 5.55%

Fixed monthly payment: $1,235.52

Breakdown in the 1st month:
Interest portion: $1,000.87  –  Principal portion: $234.65

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,937.68 $2,888.51 $213,515.49
2 $11,773.23 $3,052.96 $210,462.54
3 $11,599.41 $3,226.78 $207,235.76
4 $11,415.70 $3,410.49 $203,825.27
5 $11,221.53 $3,604.66 $200,220.61
6 $11,016.30 $3,809.89 $196,410.73
7 $10,799.39 $4,026.80 $192,383.93
8 $10,570.13 $4,256.06 $188,127.87
9 $10,327.81 $4,498.37 $183,629.50
10 $10,071.70 $4,754.48 $178,875.02
11 $9,801.01 $5,025.17 $173,849.85
12 $9,514.91 $5,311.27 $168,538.57
13 $9,212.52 $5,613.66 $162,924.91
14 $8,892.91 $5,933.27 $156,991.64
15 $8,555.11 $6,271.08 $150,720.56
16 $8,198.07 $6,628.11 $144,092.45
17 $7,820.71 $7,005.47 $137,086.98
18 $7,421.86 $7,404.32 $129,682.66
19 $7,000.31 $7,825.88 $121,856.78
20 $6,554.75 $8,271.44 $113,585.34
21 $6,083.83 $8,742.36 $104,842.98
22 $5,586.09 $9,240.09 $95,602.89
23 $5,060.02 $9,766.17 $85,836.72
24 $4,503.99 $10,322.19 $75,514.53
25 $3,916.31 $10,909.87 $64,604.65
26 $3,295.17 $11,531.01 $53,073.64
27 $2,638.67 $12,187.52 $40,886.12
28 $1,944.78 $12,881.40 $28,004.72
29 $1,211.40 $13,614.79 $14,389.93
30 $436.26 $14,389.93 $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 Near North Minneapolis, MN


1500 sqft3900 sqft
Ø selling price$201,466$428,572
Ø fast selling$183,151$385,714
Ø high price sale$219,781$471,429

In 2026, houses in Near North Minneapolis, MN will be offered at an average price of $120 per square foot. A 1,500 sqft home priced at $201,466 is 21.28% more expensive per square foot than a 3,900 sqft home priced at $428,572. Home prices in Near North 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 $296,703. Sellers who can wait longer may achieve a higher price of up to $362,638.


Near North, Minneapolis Neighborhood Guide

Location & Character

The Near North neighborhood in Minneapolis, MN is a vibrant community just minutes from Downtown.

Known for its strong community spirit and cultural diversity, the area blends historic charm with fresh energy.

Key corridors like West Broadway Avenue and Olson Memorial Highway connect residents to jobs, transit, and citywide amenities.


Lifestyle & Amenities

Residents enjoy quick access to parks and recreation, including nearby North Commons Park, Theodore Wirth Park, and the Mississippi riverfront.

The neighborhood is served by frequent transit such as the METRO D Line and C Line BRT, making commutes efficient.

Local dining and arts flourish along West Broadway with cafes, global eats, murals, and community events.

Schools like North Community High School and active neighborhood organizations anchor youth programs and lifelong learning.


Housing & Real Estate

Housing in Near North ranges from classic early-20th-century single-family homes and duplexes to modern infill and rehabilitated properties.

Buyers and renters value the neighborhood?s relative affordability, proximity to downtown, and ongoing investment in infrastructure and small businesses.

For anyone seeking an authentic North Minneapolis experience, Near North offers a connected, convenient, and welcoming place to call home.



FAQ – Home Values in Near North Minneapolis

What is the median home value in Near North Minneapolis in 2026?

In 2026, the typical home value in Near North Minneapolis is about $216,404 for an average home size of 1671 square feet. This corresponds to an average price of roughly $120 per square foot.

What is the average cost per square foot in Near North Minneapolis?

In 2026, homes in Near North Minneapolis sell for an average of around $120 per square foot, with a typical range between $114 and $126 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Near North?

The average home size in Near North Minneapolis is about 1671 square feet, with an estimated 2026 value around $216,404.



Neighborhoods close to Near North Minneapolis, MN

Keewaydin Minneapolis, MN207 $ / ft²
Taconite Harbor Schroeder, MN168 $ / ft²
Giants Ridge Biwabik, MN125 $ / ft²
Lyndale Minneapolis, MN230 $ / ft²
Downtown Excelsior Excelsior, MN295 $ / ft²
Chanhassen Hills Chanhassen, MN238 $ / ft²




  imprint  Privacy