Powderhorn Community Housing Market Update 2025 & Top Attractions

The Powderhorn community in Minneapolis is a vibrant neighborhood known for its parks, arts scene, and historic homes. If you’re thinking about buying or selling, here’s what’s happening in the local housing market along with some of the best places to visit in the area.

Over the last 12 months, there were 401 total home sales with a median list price of $299,900 and a median closed price of $300,000. Homes spent an average of 19 days on the market.

Single-family homes had 300 total sales, with a median sales price of $325,000. These homes typically have three bedrooms and two baths, were built around 1915, and feature 1,322 square feet above ground with a total of 1,549 square feet. The median price per square foot is $210. Homes spent an average of 13 days on the market, and property taxes averaged $3,798.

Townhouses had six total sales, with a median closed price of $222,450. They generally have three bedrooms and two baths, were built in the early 1990s, and feature 1,301 square feet above ground with a total of 1,365 square feet. The median price per square foot is $167. Townhouses spent an average of 19 days on the market, and property taxes averaged $2,488.

Condos had 95 total sales, with a median closed price of $139,900. Most were built in 1965 and feature one bedroom, one bath, and 774 square feet. The median price per square foot is $181. Condos took the longest to sell, with an average of 49 days on the market, and property taxes averaged $1,762.

Beyond real estate, the Powderhorn community is a lively area with plenty to offer. Powderhorn Park is a 66-acre green space with a lake and walking trails, great for outdoor activities. Midtown Global Market features international food, unique shops, and live entertainment. In the Heart of the Beast Puppet and Mask Theatre is well known for its MayDay Parade and creative performances. May Day Café is a neighborhood favorite for coffee and fresh pastries. The Chicago Avenue Arts District is home to a thriving arts scene with galleries, studios, and live performances.

With its mix of historic homes, strong community, and competitive housing market, Powderhorn continues to be a desirable place to buy and sell. If you're considering a move, now is a great time to explore your options. Let’s connect and discuss your next steps.