Why Northeast Minneapolis Homes Are Selling Fast And for More Than Asking Price!

Northeast Minneapolis has become one of the most desirable neighborhoods in the Twin Cities, offering a mix of historic charm, vibrant culture, and strong real estate demand. Over the past 12 months, 335 homes have sold in this sought-after area, with a median list price of $338,000 and a median closed price of $345,000—selling at 2.1% above asking. With a median of just 13 days on the market, properties are moving quickly, reflecting the high demand. Most homes feature three bedrooms and two bathrooms, were built around 1928, and offer about 1,220 square feet of above-ground living space. The average price per square foot is $228, and homeowners pay a median of $4,032 in property taxes annually.

Beyond real estate, Northeast Minneapolis is known for its thriving arts scene, unique breweries, and scenic parks. The Northeast Arts District is a creative hub filled with galleries and studios, while popular spots like Indeed Brewing and Psycho Suzi’s Motor Lounge offer great food and drinks in lively settings. Outdoor lovers enjoy the trails and skyline views at Boom Island Park, and the Quincy Street area is home to some of the city’s best dining options, including Young Joni and Hai Hai.

If you’re thinking about buying or selling in Northeast Minneapolis, now is the time to act. Homes are moving fast, and the market remains strong. Let’s connect to discuss your real estate goals and make the most of this exciting market!