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
64 Properties Found.
Page 1 of 5

Unit 102 - 3538 Garfield Ave

$214,900

Beautiful remodeled (2006) main level unit in a traditional 4 plex. Classic charm and great woodwork throughout, combined with all the modern updates to make this home trul...

Minneapolis, MN
2 Bed, 1 Bath, 1000 Sqft
Residential
Bridge Realty, Llc

MLS® #4852199

Photo of Listing #4851044

2655 Madison St Ne

$222,000

Unique Northeast home with so much to offer! Original hardwood floors, new carpet in the basement, new basement bathroom, updated main bath, SS appliances. New roof in 2016...

Minneapolis, MN
3 Bed, 2 Bath, 1330 Sqft, 0.13 Acres
Residential
Lakes Area Realty

MLS® #4851044

Photo of Listing #4851488

3705 41st Ave S

$219,900

Minneapolis, MN
2 Bed, 1 Bath, 1436 Sqft, 0.12 Acres
Residential
Re/max Results

MLS® #4851488

1712 E 41st St

$215,000

Cottage in the city. Quaint and cute, this home has been meticulously cared for and is move-in ready. Newer mechanicals, updated electric! Gorgeous hardwood floors througho...

Minneapolis, MN
2 Bed, 1 Bath, 775 Sqft, 0.06 Acres
Residential
Keller Williams Integrity Realty

MLS® #4849988

Photo of Listing #4847708

Unit 1802 - 1225 Lasalle Ave

$224,900

Stunning views from this 18th floor west facing condo. Walk score of 94 and bike score of 91! Private exit/entrance to Nicollet mall. Walk to Loring park, work, and all the...

Minneapolis, MN
2 Bed, 2 Bath, 1118 Sqft
Residential
Edina Realty, Inc.

MLS® #4847708

Photo of Listing #4847221

4544 Clinton Ave S

$220,000

This home is truly a great family home with room to grow. Four Large bedrooms, two baths, two living areas, formal dining room, attached garage. Move in Ready, don't miss ...

Minneapolis, MN
4 Bed, 2 Bath, 2012 Sqft, 0.12 Acres
Residential
Metro Elite Realty

MLS® #4847221

Photo of Listing #4843639

2814 28th Ave S

$215,000

Wonderful Seward area 3 Bedroom 2 Bathroom with open eat in Kitchen, over sized fenced yard and newer windows on upper level. Super convenient location with easy access to ...

Minneapolis, MN
3 Bed, 2 Bath, 1248 Sqft, 0.18 Acres
Residential
Coldwell Banker Burnet

MLS® #4843639

Photo of Listing #4843615

3217 30th Ave S

$209,900

Every room in this house is a treat - warm and inviting with wood floors and stylish decor. The open, rustic kitchen and pantry creates a wonderful and charming space at th...

Minneapolis, MN
2 Bed, 2 Bath, 1054 Sqft, 0.12 Acres
Residential
Re/max Results

MLS® #4843615

Photo of Listing #4842247

3804 5th Ave S

$209,900

Beautiful story 1/2 in the Bryant Neighborhood. Fenced yard, huge 3 season front porch, 2 car garage with separate parking pad, deck overlooking backyard with plenty of roo...

Minneapolis, MN
3 Bed, 1 Bath, 1280 Sqft, 0.12 Acres
Residential
Bridge Realty, Llc

MLS® #4842247

Photo of Listing #4841063

5256 Chicago Ave

$215,000

Well-kept and move in ready, this darling 2 story home in south Minneapolis offers an incredible location. Corner lot provides extra yard space and home is near restauran...

Minneapolis, MN
3 Bed, 2 Bath, 1920 Sqft, 0.1 Acres
Residential
Keller Williams Integrity Re

MLS® #4841063

3910 Girard Ave N

$219,000

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, 0.11 Acres
Residential
Re/max Results

MLS® #4834401

Photo of Listing #4832515

Unit 1102 - 1225 Lasalle Ave

$215,000

NEW LISTING AT 1225 LASALLE! FABULOUS CITY HOME FEATURING LARGE & TALL 11TH FLOOR WESTERN VIEWS, UPDATED, NEUTRAL CARPET & PAINT, MASTER BEDROOM W/ PRIVATE BATH PLUS 2ND B...

Minneapolis, MN
2 Bed, 2 Bath, 1118 Sqft
Residential
Lakes Sotheby's International Realty

MLS® #4832515

Photo of Listing #4826366

2630 Ulysses St Ne

$200,000

Charming 1 1/2 story in great NE neighborhood one block from Hollywood Theatre. Same owner for over last half century. Beautiful natural wood work including oak and maple...

Minneapolis, MN
3 Bed, 1 Bath, 1214 Sqft, 0.13 Acres
Residential
Northeast Realty Llc

MLS® #4826366

Photo of Listing #4810687

5841 Chicago Ave

$210,800

Nice 3BR 2BA Story and Half Home Features: Large Living Room with Gas Fireplace, Formal Dining Room, Updated Kitchen with Stainless Steel Appliances, Hardwood Floors, Nice ...

Minneapolis, MN
3 Bed, 2 Bath, 1786 Sqft, 0.14 Acres
Residential
Select Assoc. Realty

MLS® #4810687

Photo of Listing #4796637

3817 Portland Ave

$208,500

Early 1900's Colonial in the Bryant area with 4 bedrooms and plenty of vintage trim and detail. Hardwood flooring, wood beamed ceilings, leaded glass window, 3 three season...

Minneapolis, MN
4 Bed, 2 Bath, 1756 Sqft, 0.11 Acres
Residential
Owners.com

MLS® #4796637

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