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
32 Properties Found.
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Unit 307 - 929 Portland Ave

$224,900

Welcome to Skyscape! Luxury condos within blocks of USB stadium, light rail & Nicollet Mall! Third floor, one bdrm condo w/south facing private balcony; in-unit laundry; h...

Minneapolis, MN
1 Bed, 1 Bath, 710 Sqft
Residential
Re/max Results

MLS® #5141598

1635 Upton Ave N

$200,000

Beautiful well maintained home. Offering 5 beds, 1.5 baths and a 2 car garage. Located close to public transportation, schools, and many conveniences. Don't miss this opp...

Minneapolis, MN
5 Bed, 2 Bath, 1600 Sqft, 0.13 Acres
Residential
Creative Results

MLS® #5141845

5620 33rd Ave S

$224,000

The home features high ceiling in main living area and many extra rooms for a larger family. Front office can be used as an additional bedroom. Two car supersized garage wi...

Minneapolis, MN
4 Bed, 1 Bath, 1419 Sqft, 0.14 Acres
Residential
Park Realty

MLS® #5139837

Unit 1506 - 121 Washington Ave S

$210,000

Move in ready. Updated with amazing views of the City. Open floor plan, freshly painted throughout, beautiful bamboo floors. The Crossings is directly connected to the Mpls...

Minneapolis, MN
1 Bed, 1 Bath, 771 Sqft
Residential
Coldwell Banker Burnet

MLS® #5130278

Photo of Listing #5026071

Unit 4 - 1718 Polk St Ne

$219,900

Hard to find 3br condo in a classic brick brownstone featuring beautiful natural woodwork, hardwood floors, modern kitchen with custom cabinets, renovated bathroom, 2 balc...

Minneapolis, MN
3 Bed, 1 Bath, 1300 Sqft, 0.21 Acres
Residential
Estate Realty

MLS® #5026071

Photo of Listing #5023850

Unit 3 - 1204 Harmon Pl

$215,000

Lots of potential here! Zoned both residential and commercial. Lovely first floor condo that is actually two units combined. Beautiful original woodwork, hardwood floors, e...

Minneapolis, MN
3 Bed, 2 Bath, 1265 Sqft
Residential
High Pointe Realty, Inc.

MLS® #5023850

Photo of Listing #5020085

Unit 502 - 1225 Lasalle Ave

$215,000

Very fine city condo with lovely sunset views over the Loring Greenway. Wonderful newer granite kitchen. Rich laminate wood floors. Stunning and updated new baths. Interest...

Minneapolis, MN
2 Bed, 2 Bath, 1118 Sqft
Residential
Coldwell Banker Burnet

MLS® #5020085

Photo of Listing #5017966

4923 42nd Ave S

$219,900

Fresh, bright windows galore! Welcome to this traditional two story home boasting a welcoming living room, formal dining room and eat in kitchen. Updates abound! Vintage ch...

Minneapolis, MN
3 Bed, 1 Bath, 1090 Sqft, 0.08 Acres
Residential
Re/max Results

MLS® #5017966

Photo of Listing #5016454

5557 45th Ave S

$214,900

Come see this adorable 2 bedroom, 1 bath bungalow in the Morris Park area. Just a few steps from the VA hospital. Home offers an updated kitchen, an open flow to family d...

Minneapolis, MN
2 Bed, 2 Bath, 1302 Sqft
Residential
Themlsonline.com, Inc.

MLS® #5016454

Unit 1815 - 433 S 7th St

$219,000

Fully renovated, updated Baths & Kitchen. Exceptional detail work. California Closet Systems. Cambria countertops, raised vanities, paneled doors, professionally painted. U...

Minneapolis, MN
2 Bed, 2 Bath, 1010 Sqft
Residential
Creek Realty

MLS® #5016505

Photo of Listing #5014120

5954 Clinton Ave

$219,900

Charming bungalow in super neighborhood. This home has lots of recent updates including roof, carpeting, furnace and central air and steel gutters. Easy freeway access to 3...

Minneapolis, MN
2 Bed, 1 Bath, 1029 Sqft, 0.11 Acres
Residential
Berkshire Hathaway Home Services Sundial Realty

MLS® #5014120

Photo of Listing #5003725

2603 S 8th St

$219,900

Brand NEW carpet & flooring kit has new SS appliances. Move in ready! Large open LR leads into DR & Kit. Tons of natural light streams in from both sides of home. Upper lvl...

Minneapolis, MN
2 Bed, 1 Bath, 2240 Sqft, 0.24 Acres
Residential
Keller Williams Premier Realty Lake Minnetonka

MLS® #5003725

Photo of Listing #5005053

Unit 210 - 918 3rd St N

$219,900

Minneapolis, MN
1 Bed, 1 Bath, 775 Sqft
Residential
Coldwell Banker Burnet

MLS® #5005053

Photo of Listing #4988094

Unit P2504 - 20 2nd St Ne

$211,750

Great views from all rooms on the 25th Floor Condo! Only 5 units on this floor! Large Master bedroom with 2 Walk-in closets. Spacious Living room, Updated Kitchen and Bath!...

Minneapolis, MN
1 Bed, 1 Bath, 861 Sqft
Residential
Edina Realty, Inc.

MLS® #4988094

Unit 806 - 1200 Nicollet Mall

$219,900

This beautiful 2 bedroom condominium is perfectly located on Nicolette Mall-- making it easy and convenient to everything downtown! This 8th-floor unit is very nicely upda...

Minneapolis, MN
2 Bed, 1 Bath, 1007 Sqft, 1.14 Acres
Residential
Leasing And Management Llc

MLS® #4988989

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