Why Calhoun-Isles is One of the Hottest Real Estate Markets in Minneapolis
Home prices are holding strong, and demand remains high in one of Minneapolis’ most sought-after neighborhoods. Whether you are looking for a historic single-family home, a modern condo, or a spacious townhouse, the Calhoun-Isles Community offers a diverse range of options in a prime location. With homes selling steadily and prices staying competitive, now is the time to explore what this vibrant community has to offer.
The Calhoun-Isles Community of Minneapolis is one of the most desirable areas in the city, offering a mix of single-family homes, condos, and townhouses with strong real estate activity. Over the past 12 months, there have been 378 total home sales, including 189 single-family homes, 160 condos, and 28 townhouses, with a total sales volume of $239,083,852.
Single-family homes had 189 total sales, with a total sales volume of $169,014,869. The median list price was $699,000, and the median closed price was $695,000. These homes spent a median of 17 days on the market, with a median total finished square footage of 2,663 and a median price per square foot of $284. The median number of bedrooms was four, and the median number of bathrooms was three.
Condos had 160 total sales, with a total sales volume of $53,843,122. The median list price was $221,200, and the median closed price was $217,450. Condos spent a median of 48 days on the market, with a median total finished square footage of 980 and a median price per square foot of $245. The median number of bedrooms was two, and the median number of bathrooms was one.
Townhouses had 28 total sales, with a total sales volume of $15,660,861. The median list price was $434,450, and the median closed price was $422,500. Townhouses spent a median of 54 days on the market, with a median total finished square footage of 1,970 and a median price per square foot of $264. The median number of bedrooms was two, and the median number of bathrooms was three.
Calhoun-Isles is not just about real estate—it is also home to some of the best outdoor spaces and cultural attractions in Minneapolis. Bde Maka Ska is the largest lake in the city, offering opportunities for boating, biking, and scenic walks. Lake of the Isles provides a peaceful retreat with winding walking paths and picturesque views. The Minneapolis Sculpture Garden features world-renowned public art, including the famous Spoonbridge and Cherry. The Midtown Greenway is a popular bike and pedestrian path that connects the community to Uptown and downtown Minneapolis. The Walker Art Center is one of the top contemporary art museums in the country, offering exhibitions and cultural events throughout the year.
Homes in Calhoun-Isles continue to sell at a steady pace, and buyers are actively looking for opportunities in this highly desirable neighborhood. If you have been thinking about buying or selling in Calhoun-Isles, now is the time to take action. Contact me today to learn more about your options and make the most of this strong real estate market.