Loring Park, Minneapolis Homes For Sale & Real Estate

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Loring Park Real Estate Insights

Loring Park is located in Minneapolis, Minnesota.

Loring Park is well known for its shopping; with antique shops, art galleries and bridal shops and plenty of others lining the streets, you'll find yourself spoiled for choice. There are many great night places that open late here, so you'll find plenty of ways to keep yourself entertained in the evening. You can expand your interests and experience something new by visiting one of the many museums, cultural centers and performing arts spots here. If you're an active person, then you can most certainly find excitement here with heart-pumping biking, playing at recreation centers and playing at the park. This neighborhood has a plethora of wonderful restaurants, such as African, French and barbeque joints, so you're sure to find several that you love, whatever your budget. People looking to make a lifestyle switch to public transportation will appreciate living in Loring Park where there are many options for safe and reliable transport. This neighborhood is one of top-rated places for getting around on foot, with a large selection of well-maintained walking paths in convenient locations.

Most of the homes in Loring Park are vacant or occupied by renters, rather than by the owners of the homes themselves. Compared to the surrounding areas, you'll notice that more people in this area have completed their college education and have degrees. If you're young and looking to live among people of a similar age, Loring Park is the perfect place for you to move to. The people who live in this location have a median income that is lower than average.

In Loring Park, the average listing price is currently at $302,455 this year. However, this figure represents a noticeable 7.9 percent drop from the year prior, and declining prices could help new buyers enter the market more comfortably in the near future. In the meantime, the number of homes on the market slightly dropped 13.3 percent year-over-year to reach 26 listings in this year. Take your entertaining up a notch with the granite kitchens available in many homes in Loring Park letting you impress your guests with your style. It is not unusual to see residents in this area enjoying their balconies in the evening, especially around sunset and when the weather is appropriate. It's common for homes in this place to have a swimming pool, so expect to have fun whether it's at your own home or a neighbor's.