Minneapolis, MN Homes For Sale & Real Estate

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Minneapolis, MN Real Estate Insights

Minneapolis is surrounded by over 20 different lakes and wetlands, which is an ideal environment for summertime fun. Although winters can be quite chilly, ice fishing is a major sport in the City of Lakes - almost a rite of passage if you decide to relocate and acclimate to the area. While temperatures are chilly, residents take full advantage of the superb bike-share system, called Nice Ride Minnesota, year-round. Minneapolis is consistently ranked a top cyclist-friendly city, both nationally and world-wide, for improved bike infrastructure such as city-funded protected pathways that are cleared of snow in the wintertime and accessible bike rentals. Although many choose to get around by bike, just 27.2 percent of individuals have a commute time of over 30 minutes, which is less than the average 30.9 percent of people in metros with populations under 2.1 million. So if you can't brave the cold, you're likely to have a less stressful commute than most in the nation who travel to work by car.

Ready to make the move to Minneapolis? Consider some of the recent real estate figures, which point to a strong yet stable market. Although inventory has declined year-over-year by 15.32 percent, average list price grew between 2014 and 2015 by 7.88 percent. The average list price increased from $280,063 to $302,122, indicated a rise in property values in Minneapolis.