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
105 Properties Found.
Page 1 of 7
Photo of Listing #6107694

5100 Russell Avenue N

$200,000

Nestled in Shingle Creek, Shingle Creek Park, & all the conveniences & amenities of Shingle Creek Crossing's shops, groceries, & restaurants - This home offers easy walking...

Minneapolis, MN
2 Bed, 1 Bath, 1220 Sqft, 0.12 Acres
Residential
Edina Realty, Inc.

MLS® #6107694

929 Portland Avenue 1208

$200,000

This modern downtown condo has new floors, new carpet and offers stunning views & so much more! Spacious kitchen w/ sparkling granite countertops, tile backsplash, stainles...

Minneapolis, MN
1 Bed, 1 Bath, 680 Sqft, 1.02 Acres
Residential
Exp Realty

MLS® #6109301

1900 24th Avenue N

$200,000

Wonderful large turn of the century home in the Hillside neighborhood. Large open spaces with an addition that hosts great flex space and a huge vaulted kitchen, with added...

Minneapolis, MN
3 Bed, 2 Bath, 2069 Sqft, 0.14 Acres
Residential
Edina Realty, Inc.

MLS® #6107776

1835 Park Avenue 4

$200,000

Top level 1,000+ fsf condo unit is centrally located in Minneapolis on Park Ave near downtown. The building boasts a gorgeous brick exterior that is not only beautiful but ...

Minneapolis, MN
3 Bed, 1 Bath, 1042 Sqft, 0.15 Acres
Residential
Coldwell Banker Realty

MLS® #6101558

Photo of Listing #6094762

3624 3rd Avenue S

$200,000

Beautifully updated property with unfinished basement for all your storage or expansion needs. Easy to add a third bedroom w/egress and family room! And lots of space in ut...

Minneapolis, MN
2 Bed, 1 Bath, 1160 Sqft, 0.12 Acres
Residential
Bridge Realty, Llc

MLS® #6094762

4558 Bryant Avenue N

$202,500

Minneapolis, MN
3 Bed, 1 Bath, 1318 Sqft, 0.11 Acres
Residential
Flex Realty Llc

MLS® #6096557

4400 Upton Avenue S 208

$204,900

2 bed/1.5 bath in perfect Linden Hills location with storage in unit and storage closet in hallway. Large bedrooms and walk in closet in main bedroom. New carpet and newer ...

Minneapolis, MN
2 Bed, 2 Bath, 1064 Sqft, 0.53 Acres
Residential
Bridge Realty, Llc

MLS® #6097489

Photo of Listing #6087881

3806 Sheridan Avenue N

$200,000

Welcome to this wonderful 3 bedroom 1 bathroom home in Minneapolis! This home's kitchen features a stylish tile backsplash, butcher block countertops and plenty of cabinet ...

Minneapolis, MN
3 Bed, 1 Bath, 1250 Sqft, 0.11 Acres
Residential
Keller Williams Preferred Rlty

MLS® #6087881

3427 Fremont Avenue N

$200,000

Located in between Folwell Park and Jordan Park and less than a mile away from Mississippi River. Conveniently near parks & local businesses. Main floor features a sun fill...

Minneapolis, MN
2 Bed, 1 Bath, 998 Sqft, 0.12 Acres
Residential
Edina Realty, Inc.

MLS® #6076193

1715 E 26th Street

$200,000

Minneapolis, MN
2 Bed, 1 Bath, 1263 Sqft, 0.04 Acres
Residential
National Realty Guild

MLS® #6076462

Photo of Listing #6011402

3318 Vincent Avenue N

$200,000

Full renovation by non-profit in 2012 with Upper level master suite featuring three-quarter bath! Inviting Front porch, Brick and stucco exterior, Hardwood Flooring, Rear ...

Minneapolis, MN
3 Bed, 2 Bath, 1175 Sqft
Residential
Engel & Volkers Minneapolis Downtown

MLS® #6011402

Photo of Listing #6012607

121 Washington Avenue S 815

$200,000

PRICE REDUCED! Fantastic city views from this larger one bedroom that provides a great deal of privacy, with no neighbors on either side. The Crossings is known for it's...

Minneapolis, MN
1 Bed, 1 Bath, 871 Sqft, 1.41 Acres
Residential
Susanne Kintzinger, Broker

MLS® #6012607

15 E Franklin Avenue 311

$200,000

You will not want to miss this beautifully updated and centrally located condo! This condo unit is wheelchair accessible. Both parking spots are located near the elevator, ...

Minneapolis, MN
1 Bed, 1 Bath, 735 Sqft, 0.08 Acres
Residential
Realty Group Llc

MLS® #5754242

Photo of Listing #5702006

1225 Lasalle Avenue 2301

$200,000

Staged and priced to sell! Now offering 6 mo HOA w/acceptable offer. Amazing opportunity to create your own city penthouse! Large wide open sprawling spaces, wood burning f...

Minneapolis, MN
2 Bed, 2 Bath, 2200 Sqft
Residential
Coldwell Banker Realty

MLS® #5702006

19 S 1st Street B607

$200,000

Stunning skyline views overlooking a gorgeous courtyard from this sunny corner unit! Kitchen opens to dining & living area, two large bedrooms and two bathrooms - one full ...

Minneapolis, MN
2 Bed, 2 Bath, 1068 Sqft
Residential
Edina Realty, Inc.

MLS® #5676567

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