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
71 Properties Found.
Page 1 of 5
Photo of Listing #5768246

4715 Camden Avenue N


Step inside this lovely, well kept home, and you will be greeted with an enclosed porch/mudroom. The main level features gorgeous original hardwood floors, an open staircas...

Minneapolis, MN
3 Bed, 2 Bath, 1343 Sqft, 0.16 Acres
Kris Lindahl Real Estate

MLS® #5768246

1200 Nicollet Mall 308


Premium location this home shows pride of ownership beautiful hardwood flrs, GE appliances, white marble, all new cabinets, beautifully decorated and finished out. Lots of...

Minneapolis, MN
2 Bed, 1 Bath, 1001 Sqft, 1.14 Acres
Redfin Corporation

MLS® #6003537

3006 W 44th Street 5


Bright, spotless, freshly painted condo in the heart of Linden Hills! Convenient onsite parking, original built-in dining room buffet, hardwood floors & plenty of natural ...

Minneapolis, MN
2 Bed, 1 Bath, 945 Sqft, 0.27 Acres
Edina Realty, Inc.

MLS® #5761634

Photo of Listing #5749979

3859 Queen Avenue N


Welcome to this charming Minneapolis home. Features include original oak wood work throughout, newly refinished hardwood floors, new front door in 2021, security system, ne...

Minneapolis, MN
2 Bed, 2 Bath, 1440 Sqft, 0.13 Acres
Fresh Start Realty

MLS® #5749979

Photo of Listing #5762313

1314 Fremont Avenue N


Beautiful well kept two-story home just minutes away from the North Loop and Downtown Minneapolis. Easy access to highways, public transportation and bike trails. This home...

Minneapolis, MN
4 Bed, 2 Bath, 1650 Sqft, 0.15 Acres
Northstar Real Estate Associates

MLS® #5762313

Photo of Listing #5764670

121 Washington Avenue S 1215


Live near it all! Easy, carefree living at the Crossings downtown. Fantastic city views from the 12th floor. Stylish and updated one bed, one bath with balcony, hardwood...

Minneapolis, MN
1 Bed, 1 Bath, 871 Sqft, 1.41 Acres
Coldwell Banker Realty

MLS® #5764670

1200 Nicollet Mall 516


This beautiful 2 bedroom condominium is perfectly located on Nicollet Mall-- making it easy and convenient to everything downtown! All new stainless appliances. Desirable s...

Minneapolis, MN
2 Bed, 1 Bath, 1113 Sqft
Homeavenue - Fsbo

MLS® #5753961

19 S 1st Street B402


Terrific corner unit with both bathrooms updated, freshly painted and new flooring in living,dining, entryway. Spacious living room opens to dining and kitchen. Two nice si...

Minneapolis, MN
2 Bed, 2 Bath, 1080 Sqft, 3.83 Acres
Twin Oaks Realty, Inc

MLS® #5745318

433 S 7th Street 2015


TRULY A MUST SEE! Fully updated 2 bedroom 2 full bathroom condo unit at Centre Village! Everything in the unit has been touched! Large open kitchen with stainless steel app...

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

MLS® #5729422

121 Washington Avenue S 707


Updated & move-in ready at the Crossings Condo! Open concept living gives an abundance of natural light with beautiful skyline views. The kitchen includes modern finishes, ...

Minneapolis, MN
1 Bed, 1 Bath, 771 Sqft, 1.41 Acres
Re/max Results

MLS® #5736336

Photo of Listing #5680553

3413 E 40th Street


Quaint sun filled one-level living in the heart of the city. Beautiful hardwood floors in the living room welcome you as you step inside. Conveniently located within walkin...

Minneapolis, MN
1 Bed, 1 Bath, 672 Sqft, 0.08 Acres
Lakes Sotheby's International

MLS® #5680553

728 N 3rd Street 404


Sable is a one-of-a-kind condo building in Minneapolis' vibrant North Loop neighborhood offering the flexibility required in today's market allowing short and long term ren...

Minneapolis, MN
1 Bed, 1 Bath, 491 Sqft, 0.47 Acres
P.s. Real Estate, Llc

MLS® #5719267

1800 Clinton Avenue 306


Enjoy city living in this beautiful condo located in the heart of Stevens Square.  Spacious corner unit features gorgeous hardwood floors, solid wood doors, fresh paint thr...

Minneapolis, MN
1 Bed, 1 Bath, 924 Sqft, 0.44 Acres
Exp Realty

MLS® #5719186

11 S 12th Street 103


Live in the heart of Minneapolis in one of the most historic, charming, and character filled condos! This well-designed unit has had every surface upgraded. Lots of unique ...

Minneapolis, MN
1 Bed, 1 Bath, 742 Sqft, 0.24 Acres
Re/max Results

MLS® #5667045

5617 33rd Avenue S


Charming 2 bedroom home. Perfect for first time home buyer. This home has a large backyard and 1.5 car garage. Currently there is a tenant in this home. If you wish for the...

Minneapolis, MN
2 Bed, 1 Bath, 750 Sqft, 0.13 Acres
Coldwell Banker Realty

MLS® #5685855

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