What $225,000 Buys in Minneapolis Right Now

Posted by Kris Lindahl on Sunday, January 22nd, 2017 at 8:42am.

Despite new construction reaching its highest level since 2002, tightened inventory around the country is one of the biggest concerns facing the housing industry in 2017. From December of 2015 to December of 2016 there was about a 6.3% decline is active home listings on the market nationwide, which played a major role in the overall median sales price increasing to $232,200 at the end of last year. 

But even with mortgage rates jumping to over 4%, buying a home is still relatively affordable compared to years past. Additionally, despite inventory being low in just about every market, including around the Twin Cities, there are still plenty of great options listed for around $200,000. 

Featured below are active Minneapolis homes for sale between $200,000 and $225,000, which of course is anywhere from $7,200 to $32,200 below the current median sales price in the U.S. As of the date of this post, you’ll see a number of charming little bungalow and cottage-style houses for just over $200,000, while closer to that $225,000 budget presents a variety of opportunities that include larger three and four bedroom homes to nicely updated condos with plenty of living space. But for a closer look at everything between the $200,000 and $225,000 price range, start browsing any of the active listings you see here:

Minneapolis Homes For Sale Between $200,000 & $225,000

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New Listings First
21 Properties Found.
Page 1 of 2

Unit 208 - 215 7th St Ne

$200,000

Welcome to the Durkee Atwood Lofts in Saint Anthony East neighborhood. Enjoy an open loft style floor plan with 9 1/2 ft. ceilings. Updated kitchen with SS appliances and g...

Minneapolis, MN
2 Bed, 1 Bath, 886 Sqft
Residential
Keller Williams Integrity Realty

MLS® #4906346

Unit 2102 - 1920 S 1st St

$214,900

Beautiful unit in the Riverview Tower. Enjoy spectacular views of the city from the comfort & quiet of your condo. This unit has been cared for and kept in stunning conditi...

Minneapolis, MN
2 Bed, 2 Bath, 1032 Sqft, 1.03 Acres
Residential
Coldwell Banker Burnet

MLS® #4905766

Unit 207 - 700 Washington Ave N

$225,000

Spacious and bright open floor plan featuring a Murphy bed with built in storage, in unit laundry and stainless appliances. Building amenities include onsite management/ca...

Minneapolis, MN
1 Bath, 675 Sqft
Residential
Edina Realty, Inc.

MLS® #4905819

Unit 520 - 521 S 7th St

$215,000

A wall of windows and 12 ft+ ceilings giving this sunny condo views of downtown. 1 block to the Skyway and Finnegan?s new brewery/pub, 2 blocks to Vikings stadium and Ligh...

Minneapolis, MN
1 Bed, 1 Bath, 737 Sqft, 0.63 Acres
Residential
123 Realty Llc

MLS® #4905993

1105 47th Ave N

$209,900

Charming Home - Very Well Cared for With Numerous Updates. 4 BR, 2 Full Ceramic Baths & 2 Car Attached Garage, Fenced In Back Yard. 2 Separate Entrances to Home, New Roof, ...

Minneapolis, MN
4 Bed, 3 Bath, 2017 Sqft, 0.11 Acres
Residential
Counselor Realty, Inc.

MLS® #4905731

Photo of Listing #4904733

5329 30th Ave S

$204,900

Keewaydin Neighborhood Delight -- Great opportunity to make this home shine! 3 bedroom 2 bath 1.5 Story Stucco Charmer. 6 blocks to Lake Nokomis. 6 panels doors, hardwood...

Minneapolis, MN
3 Bed, 2 Bath, 1092 Sqft, 0.12 Acres
Residential
Coldwell Banker Burnet

MLS® #4904733

2627 13th Ave S

$214,900

Great family opportunity! Newer 4bedroom 2bath. Large Master. AS-IS ADDENDUM REQUIRED. Agent to verify all measurements. Will look at all offers after 5days on the market -...

Minneapolis, MN
4 Bed, 2 Bath, 1599 Sqft, 0.12 Acres
Residential
Goodir Realty Inc

MLS® #4901165

626 3rd Ave Se

$209,900

Great home in highly desirable Marcy Holmes Neighborhood. Excellent location within walking distance to the U of M, fine dining, elementary school and so much more. Thi...

Minneapolis, MN
2 Bed, 2 Bath, 1344 Sqft, 0.01 Acres
Residential
Re/max Advantage Plus

MLS® #4900076

2104 E 22nd St

$205,000

Lovely end unit is well-maintained w/updates. Beautiful new wood floors welcome you into this cheerful home. Spacious living & dining rooms. DR walks out to large patio. B...

Minneapolis, MN
2 Bed, 2 Bath, 1471 Sqft
Residential
Edina Realty, Inc.

MLS® #4899389

Unit 7 - 4444 W Lake Harriet Pkwy

$214,900

Rare opportunity to own charming garden level condo overlooking picturesque Lake Harriet. Sunrise views of the lake and just steps to Linden Hills village. Refinished hard...

Minneapolis, MN
1 Bed, 1 Bath, 617 Sqft
Residential
Lakes Sotheby's International Realty

MLS® #4898922

Unit 805 - 410 Groveland Ave

$225,000

Spacious two bed, one bath condo with picturesque skyline views of downtown Minneapolis. Completely remodeled unit includes custom cabinetry and appliances, spacious foyer ...

Minneapolis, MN
2 Bed, 1 Bath, 913 Sqft
Residential
Re/max Results

MLS® #4891760

Unit 109 - 730 N 4th St

$219,900

Built from the ground up in 2007, 730 Lofts is the epitome of contemporary urban living in the North Loop. The modern brick, metal, and glass exterior is perfectly matched ...

Minneapolis, MN
1 Bed, 1 Bath, 602 Sqft, 2.09 Acres
Residential
Downtown Resource Group, Llc

MLS® #4890338

3316 Chicago Ave

$215,000

4 bedroom, 2 Bath 2+ story with original features including hardwood floors and built-in buffet. Large formal dining room. Stainless kitchen appliances. Updated baths. ...

Minneapolis, MN
4 Bed, 2 Bath, 1872 Sqft, 0.14 Acres
Residential
Lakes Area Realty

MLS® #4885539

Photo of Listing #4883964

Unit P2402 - 20 2nd St Ne

$209,900

Live at the Pinnacle and enjoy all the conveniences of the St. Anthony area! Restaurants, entertainment, grocery store, and the River outside your front door! Wonderful kit...

Minneapolis, MN
1 Bed, 1 Bath, 813 Sqft, 1.64 Acres
Residential
Downtown Resource Group, Llc

MLS® #4883964

2746 Russell Ave N

$220,000

Brand new Green Certified home! Open layout, hardwood floors, kitchen with SS appliances, beautiful baths, front porch and so much more. Part of the Minneapolis Green Homes...

Minneapolis, MN
3 Bed, 3 Bath, 1728 Sqft, 0.12 Acres
Residential
Re/max Results

MLS® #4883965

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