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
53 Properties Found.
Page 1 of 4
Photo of Listing #5717282

1800 Skyline Curve

$200,000

Must See!! This fabulous End Unit Townhouse has tons of updates!! You're going to LOVE the updated Kitchen and generous updated bathroom!! Don't miss your opportunity to li...

Minneapolis, MN
2 Bed, 1 Bath, 1250 Sqft
Residential
Brix Real Estate

MLS® #5717282

Photo of Listing #5716706

4301 Bryant Avenue S 5

$209,000

Stunning 1920’s condo offers wonderful charm and character throughout! Main-living area features original exposed brick, hardwood floors, tons of windows and 11’ ceilings. ...

Minneapolis, MN
1 Bed, 1 Bath, 808 Sqft
Residential
Exp Realty

MLS® #5716706

Photo of Listing #5713198

3043 Pierce Street Ne

$209,900

Beautiful 1.5 story home in highly desirable Audubon Park neighborhood of NE Minneapolis. Living room, separate dining area and kitchen on main floor. Original hardwood flo...

Minneapolis, MN
2 Bed, 1 Bath, 836 Sqft, 0.12 Acres
Residential
Re/max Results

MLS® #5713198

Photo of Listing #5717522

2900 University Avenue Se 203

$204,900

FANTASTIC Location in Prospect Park and Stadium Village area! UBER easy access to public transportation and University of MN! Absolute MOVE IN READY and in impeccable con...

Minneapolis, MN
1 Bed, 1 Bath, 708 Sqft, 0.65 Acres
Residential
Spara Realty, Inc

MLS® #5717522

Photo of Listing #5716406

3434 Newton Avenue N

$200,000

Minneapolis, MN
3 Bed, 1 Bath, 1254 Sqft, 0.12 Acres
Residential
Edina Realty, Inc.

MLS® #5716406

Photo of Listing #5716968

4004 5th Avenue S

$209,900

One story home in needs of some TLC. House has newer kitchen and bath which need to be revitalized. Newer windows. Hardwood floors. 3rd bedroom is walk through typical of t...

Minneapolis, MN
3 Bed, 1 Bath, 1121 Sqft, 0.13 Acres
Residential
Keller Williams Integrity Re

MLS® #5716968

15 E Franklin Avenue 230

$200,000

Don’t miss out on your opportunity to see this beautifully bright & well maintained one bedroom, one bathroom condo at Eat Street Flats! You’re never far from where you wan...

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

MLS® #5714007

3140 Bryant Avenue S 3

$209,000

Multiple offers received. Seller is calling for highest and best by 6 PM on Sunday, 2/21. City living at its best! This one bedroom, one bathroom condo is on the top floor ...

Minneapolis, MN
1 Bed, 1 Bath, 758 Sqft
Residential
Keller Williams Integrity Realty

MLS® #5703772

2915 Knox Avenue N

$209,900

If you're looking for space, this is it. Very large rooms and lots of them. House is very well taken care of and has had many recent updates to include: windows, doors, sid...

Minneapolis, MN
4 Bed, 1 Bath, 1700 Sqft, 0.12 Acres
Residential
Hot Market Realty.com

MLS® #5706516

3138 Girard Avenue S 1

$209,900

Spacious and updated condo in prime Uptown location, just a few short blocks from Bde Maka Ska, Lunds, coffee shops, and numerous dining and shopping options. An ideal oppo...

Minneapolis, MN
2 Bed, 1 Bath, 1080 Sqft
Residential
Re/max Results

MLS® #5696450

121 Washington Avenue S 505

$205,000

WELCOME HOME! And experience the excitement of downtown living at The Crossings! Open concept living offers plenty of natural light and includes a private balcony with sky...

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

MLS® #5695530

52 Groveland Terrace A403

$205,000

Steps from the Walker Art Center and Sculpture Gardens, this gorgeous condo features hardwood floors, nicely finished kitchen, and a private patio that walks out to communi...

Minneapolis, MN
1 Bed, 1 Bath, 745 Sqft, 2.08 Acres
Residential
Drg

MLS® #5689910

Photo of Listing #5685855

5617 33rd Avenue S

$210,000

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
Residential
Coldwell Banker Realty

MLS® #5685855

Photo of Listing #5689906

400 Oliver Avenue N

$207,500

**Property sold AS-IS** 2-story Single family property located minutes from Theo Wirth Park and Downtown Minneapolis, just off Olson Memorial Highway and Hwy. 94. Ready for...

Minneapolis, MN
3 Bed, 1 Bath, 1554 Sqft, 0.13 Acres
Residential
Bridge Realty, Llc

MLS® #5689906

433 S 7th Street 1825

$209,900

Wow … the views are gorgeous! These 18th floor south westerly views are incredible! Fantastic 2 bedroom 2 bath floor plan. Fresh paint! Stainless appliances! Granite coun...

Minneapolis, MN
2 Bed, 2 Bath, 952 Sqft
Residential
Re/max Results

MLS® #5668052

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