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
72 Properties Found.
Page 1 of 5

4824 E 53rd Street 417

$200,000

Back on the market due to Buyer's financing falling through! Super cute 2 Bedroom, 2 Bath Condo includes a master walk in closet and private master bathroom! Near Minnehah...

Minneapolis, MN
2 Bed, 2 Bath, 1011 Sqft
Residential
Keller Williams Realty Integrity-edina

MLS® #5632738

2101 Aldrich Avenue N

$215,000

Updated 3 bed, 3 bath two story with newly finished basement in Minneapolis! Welcoming front porch leads to spacious living room and informal dining room that is open to ea...

Minneapolis, MN
3 Bed, 3 Bath, 2172 Sqft, 0.11 Acres
Residential
Re/max Results

MLS® #5610961

3323 Bryant Avenue N

$219,900

Back on market for loan felt thru. Beautiful 1.5 Story in Minneapolis. Totally remodel with Orginal wood work, China Hutch, Fresh Paint, Refinished wood floor, Bath tile, N...

Minneapolis, MN
3 Bed, 1 Bath, 1719 Sqft, 0.12 Acres
Residential
Empire Realty Llc

MLS® #5637970

1311 Yale Place 21

$215,000

Nicely updated condo in the highly desirable Loring Park Neighborhood. Beautiful kitchen with SS appliances, granite countertops, and custom cabinets. Nice hardwood floors ...

Minneapolis, MN
2 Bed, 1 Bath, 1165 Sqft
Residential
Coldwell Banker Realty

MLS® #5640500

2806 Aldrich Avenue N

$225,000

Beautifully updated home featuring high ceilings on main level, updates throughout. Lots of windows allow for lots of natural light. A spacious front porch, a fully fenced ...

Minneapolis, MN
4 Bed, 1 Bath, 1248 Sqft, 0.12 Acres
Residential
Exit Realty Metro

MLS® #5631962

Photo of Listing #5633859

2225 N 36th Ave

$209,000

It's a remodeled rambler home on the North-side heart of Mpls. Property is bigger than it looks. Nicely updated new Kitchen, new Bathroom, new Carpets, new Appliances, ne...

Minneapolis, MN
4 Bed, 1 Bath, 2280 Sqft, 0.22 Acres
Residential
Hm Metro Realty Llc

MLS® #5633859

Photo of Listing #5636020

3133 Girard Avenue S 1

$220,000

Great 2 bedroom, 1 bath condo with a gorgeous sunroom in the heart of Uptown! Walk to the lakes, restaurants and shopping! Beautiful hardwood floors, sunroom with walls of ...

Minneapolis, MN
2 Bed, 1 Bath, 926 Sqft
Residential
Re/max Results

MLS® #5636020

1901 E Hennepin Avenue 112

$218,900

Urban Living with the comforting warmth of morning Sunrises. This quaint Nook offers pure charm & space efficiency with its 12 foot ceilings, exposed brick, granite counte...

Minneapolis, MN
1 Bed, 1 Bath, 749 Sqft
Residential
Edina Realty, Inc.

MLS® #5630681

Photo of Listing #5621730

1012 14th Avenue N

$214,900

This home features new kitchen with center island and LG stainless appliances, new paint exterior and interior, new roof, 3 bedrooms on upper floor with new carpet, main le...

Minneapolis, MN
4 Bed, 2 Bath, 1571 Sqft, 0.05 Acres
Residential
Bridge Realty, Llc

MLS® #5621730

Photo of Listing #5623990

733 E 41st Street

$214,900

A real South Minneapolis treat! First time available in over 35 years! First experience the large inviting three season porch. Upon entering, you'll experience the way the ...

Minneapolis, MN
2 Bed, 1 Bath, 922 Sqft, 0.05 Acres
Residential
Edina Realty, Inc.

MLS® #5623990

Photo of Listing #5612089

1800 4th Avenue S C

$225,000

Outstanding 1900's Steven's Square 2 story townhome with Minneapolis skyline views! You'll love the exposed brick walls mixed with maple floors, open kitchen with stainless...

Minneapolis, MN
2 Bed, 2 Bath, 930 Sqft, 0.29 Acres
Residential
Exp Realty

MLS® #5612089

521 S 7th Street 405

$217,900

Added a wall around the bedroom for privacy. View 3D tour for details. Urban Living @ its Best! Trendy & spacious Downtown #Loft in prime location! Open layout, high ceili...

Minneapolis, MN
1 Bed, 1 Bath, 812 Sqft
Residential
National Realty Guild

MLS® #5612067

Photo of Listing #5610083

3257 Logan Avenue N

$207,500

Move-in ready ,totally remodeled . Just like new. Spacious kitchen features granite, stainless steel appliances and lots of storage. Ceramic tile on the floor in both bathr...

Minneapolis, MN
3 Bed, 2 Bath, 1030 Sqft
Residential
Land Of Lakes Rlty

MLS® #5610083

3518 Sheridan Avenue N

$219,000

Well maintained Minneapolis Home close to Robbinsdale and Golden Valley. Updated mechanicals and kitchen. Home shows pride of ownership. Hardwood floors, 3 season porch, 2 ...

Minneapolis, MN
3 Bed, 2 Bath, 1273 Sqft, 0.12 Acres
Residential
Realty Group Llc

MLS® #5618583

1225 Lasalle Avenue 703

$200,000

Experience ease of maintenance free living at 1225 LaSalle. Pristine & freshly updated, this east-facing unit features courtyard views. The kitchen opens to the living are...

Minneapolis, MN
1 Bed, 1 Bath, 760 Sqft
Residential
Coldwell Banker Realty

MLS® #5501128

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