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
Photo of Listing #5741044

3535 Russell Avenue N

$209,900

Beautiful Cleveland neighborhood Tudor with hardwood floors and lots of charm and character. New roof and new furnace in 2018. Spacious upper level with good ceiling heigh...

Minneapolis, MN
3 Bed, 2 Bath, 1538 Sqft, 0.13 Acres
Residential
Re/max Results

MLS® #5741044

Photo of Listing #5754211

601 Marquette Avenue 306

$209,900

Don't miss this rare opportunity to own in highly sought after "Six Quebec Condominiums" Great location loft nestled in the heart of downtown! Skyway connected to the finan...

Minneapolis, MN
1 Bed, 1 Bath, 955 Sqft, 0.4 Acres
Residential
West Oak Realty

MLS® #5754211

Photo of Listing #5755740

1643 Sheridan Avenue N

$200,000

Charming and updated 2BR/1BA home in Willard Haye. Freshly painted with hardwood floors throughout, granite countertops and updated plumbing. Spacious fenced in yard, just ...

Minneapolis, MN
2 Bed, 1 Bath, 1040 Sqft, 0.12 Acres
Residential
Keller Williams Classic Rlty Nw

MLS® #5755740

127 5th Street Ne 110

$209,900

Unique, true loft at the historic Calumet Lofts. This bright and sunny unit features exposed brick and timber ceilings. Featuring updated kitchen with quartz countertops an...

Minneapolis, MN
1 Bed, 1 Bath, 617 Sqft, 0.49 Acres
Residential
Drg

MLS® #5734383

3733 4th Avenue S

$209,900

*MULTIPLE OFFERS HIGHEST AND BEST MONDAY AT 5PM PLEASE* Wonderful home with charming front porch (piano will be gone May 7th) Entry way has a great staircase with hardwood ...

Minneapolis, MN
3 Bed, 2 Bath, 1345 Sqft, 0.12 Acres
Residential
Grand Realty, Llc

MLS® #5749073

19 S 1st Street B1908

$200,000

Welcome to River Towers Condominiums. B1908 boasts panoramic Northeast river-facing views with large windows throughout that provide amazing natural light. The unit itself ...

Minneapolis, MN
2 Bed, 2 Bath, 1080 Sqft, 3.83 Acres
Residential
Re/max Advantage Plus

MLS® #5741546

15 S 1st Street A1006

$209,900

Beautiful 1 bedroom condo located in prime location, walk to work, shops, and best restaurants in town! Unit has stainless steel appliances, bamboo flooring and more. Easy ...

Minneapolis, MN
1 Bed, 2 Bath, 948 Sqft, 0.02 Acres
Residential
Coldwell Banker Realty

MLS® #5730494

1110 10th Avenue N

$200,000

This is a spectacular, energy efficient 2 bed/1 bath second level unit! The open concept space is illuminated with natural light. The large windows gives you amazing views ...

Minneapolis, MN
2 Bed, 1 Bath, 1060 Sqft, 0.23 Acres
Residential
Keller Williams Integrity Realty

MLS® #5728608

433 S 7th Street 1627

$210,000

16th floor corner unit with panoramic views of downtown and US Bank Stadium. Brand new windows installed in 2020. Building has recently been completely remodeled! 15th floo...

Minneapolis, MN
2 Bed, 2 Bath, 940 Sqft, 1.17 Acres
Residential
Edina Realty, Inc.

MLS® #5721491

1800 Clinton Avenue 306

$205,000

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
Residential
Exp Realty

MLS® #5719186

410 Groveland Avenue 101

$200,000

Updated condo w/in walking distance to Loring Park & Minneapolis Sculpture Garden. New flooring, new SS appliances, new granite countertops, new light fixtures, fresh paint...

Minneapolis, MN
2 Bed, 1 Bath, 960 Sqft, 2.02 Acres
Residential
Keller Williams Integrity Realty

MLS® #5712828

Photo of Listing #5711528

19 S 1st Street S B1108

$209,000

Total Remodel! All New Flooring/Tile-Wood Planking/Carpet! Kitchen-SS Appliances-Countertops! Bathrooms+++++/Laundry in Unit. Bright-Quiet Corner spacious Condo facing...

Minneapolis, MN
2 Bed, 2 Bath, 1080 Sqft
Residential
Capital Property Management

MLS® #5711528

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 #5678110

121 Washington Avenue S 513

$209,900

Experience true downtown living at the Crossings! Skyline connected, walking distance to Vikings Stadium, light rail, Stone Arch Bridge, Farmers Market, Whole Foods, Guthri...

Minneapolis, MN
1 Bed, 1 Bath, 771 Sqft
Residential
Coldwell Banker Realty

MLS® #5678110

Photo of Listing #5676567

19 S 1st Street B607

$200,000

Stunning skyline views overlooking a gorgeous courtyard from this sunny corner unit! Kitchen opens to dining & living area, two large bedrooms and two bathrooms - one full ...

Minneapolis, MN
2 Bed, 2 Bath, 1068 Sqft
Residential
Edina Realty, Inc.

MLS® #5676567

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