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
54 Properties Found.
Page 1 of 4

Unit 1714 - 433 S 7th St

$215,000

17th floor, high-demand rare corner unit has just been fully renovated, from head-to-toe with high-end finishes including new, high-efficiency windows (upgraded white style...

Minneapolis, MN
2 Bed, 2 Bath, 975 Sqft, 1.17 Acres
Residential
Coldwell Banker Burnet

MLS® #5298167

Photo of Listing #5297163

3730 18th Ave S

$214,000

Spacious Powderhorn Park home in a great location offers much potential! Hardwood floors, 2 living rooms, generous bedroom sizes, larger 2 car garage, fenced yard, 2 full b...

Minneapolis, MN
3 Bed, 2 Bath, 1944 Sqft, 0.11 Acres
Residential
Re/max Advantage Plus

MLS® #5297163

Photo of Listing #5296478

5447 43rd Ave S

$204,000

Cute & inviting simple lifestyle. Prime location to airport/VA Medical Center and amenities, move in ready with updates. 2BR/1BA with hardwood floors, main floor bedroom, u...

Minneapolis, MN
2 Bed, 1 Bath, 746 Sqft, 0.11 Acres
Residential
Keller Williams Premier Realty

MLS® #5296478

Photo of Listing #5290223

Unit 4 - 5008 Chicago Ave

$225,000

Astonishing top floor unit just steps from Minnehaha Creek! This exceptionally maintained, privately run building is also walking distance to numerous shops and restaurants...

Minneapolis, MN
2 Bed, 1 Bath, 962 Sqft, 0.16 Acres
Residential
Exp Realty

MLS® #5290223

1010 W 33rd St

$215,000

Cute one 1/2 story with two bedrooms and full bathroom. Main floor living room, dining room, kitchen and sunroom. Lower level family room. One car attached garage, hardwood...

Minneapolis, MN
2 Bed, 1 Bath, 1170 Sqft, 0.05 Acres
Residential
The Realty House

MLS® #5294304

Photo of Listing #5289849

Unit 1 - 2100 Garfield Ave

$215,000

This unit is full of details and charm. Located in the heart of the Whittier neighborhood. Close to coffee shops, restaurants. One block to the bus line on Lyndale. Chara...

Minneapolis, MN
2 Bed, 1 Bath, 1190 Sqft, 0.15 Acres
Residential
Re/max Preferred

MLS® #5289849

Photo of Listing #5283551

4104 Standish Ave

$219,900

BUYER FINANCING FELL THROUGH!! QUICK CLOSING POSSIBLE! Well-maintained bungalow, original wood work and hardwood floors, new windows, new Mitsubishi A/C, New water heate...

Minneapolis, MN
3 Bed, 2 Bath, 1130 Sqft, 0.12 Acres
Residential
Re/max Reliance, Inc.

MLS® #5283551

Photo of Listing #5282841

Unit 403 - 1800 Clinton Ave

$217,500

Turn Key top floor corner unit with private balcony overlooking the Minneapolis Skyline. Located conveniently in Steven’s Square neighborhood, it’s walking distance to down...

Minneapolis, MN
1 Bed, 1 Bath, 860 Sqft, 0.44 Acres
Residential
Coldwell Banker Burnet

MLS® #5282841

Photo of Listing #5275273

Unit F605 - 110 1st Ave Ne

$219,000

Stunning one-bedroom unit at the Falls offering excellent downtown skyline views. New hardwood flooring. Spacious kitchen with granite and stainless steel kitchen. Large pr...

Minneapolis, MN
1 Bed, 1 Bath, 912 Sqft, 1.64 Acres
Residential
Coldwell Banker Burnet

MLS® #5275273

4945 Aldrich Ave N

$210,000

Well maintained property featuring 3 beds, 1 bath and 2 car garage - new carpet, newer windows, fresh coat of paint and lots of natural lighting beaming through the windows...

Minneapolis, MN
3 Bed, 1 Bath, 1760 Sqft, 0.13 Acres
Residential
Creative Results

MLS® #5278143

Photo of Listing #5275263

4017 5th Ave S

$205,000

Minneapolis, MN
2 Bed, 1 Bath, 912 Sqft, 0.12 Acres
Residential
Re/max Results

MLS® #5275263

3428 18th Ave S

$225,000

Great canvas to design the home of your dreams! Original charming woodwork, stained glass windows, classic staircase, and beautiful claw-foot tub and bathroom fixtures. Thi...

Minneapolis, MN
3 Bed, 1 Bath, 1344 Sqft, 0.13 Acres
Residential
Bridge Realty, Llc

MLS® #5239451

Photo of Listing #5267101

3623 Aldrich Ave N

$204,900

This stucco exterior 3 bedroom, 2 ba home with 2C gar is in the established McKinley neighborhood. Beautiful natural oak trim, crown molding, buffet, built-in drawers & har...

Minneapolis, MN
3 Bed, 2 Bath, 1730 Sqft
Residential
Demexis Equity Group Llc

MLS® #5267101

Photo of Listing #5246946

Unit B808 - 19 S 1st St

$225,000

Enjoy secure downtown living at The Towers! Beautiful fenced outdoor green space w/pool, patio & outdoor grills. Other amenities include tennis, fitness center, library, pa...

Minneapolis, MN
2 Bed, 2 Bath, 1070 Sqft
Residential
Edina Realty, Inc.

MLS® #5246946

Photo of Listing #5232513

3300 Aldrich Ave S

$225,000

Historic Home conveniently next to all uptown's best spots. This home is walking distance from restaurants, parks, lakes, groceries and even bus stops. The home itself is l...

Minneapolis, MN
3 Bed, 1 Bath, 1212 Sqft, 0.1 Acres
Residential
Re/max Advantage Plus

MLS® #5232513

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