Central, Minneapolis, MN

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Central, Minneapolis, MN Neighborhood Information and Market Report

The Central Neighborhood

Central, as the name implies, is the central business district of the city, or more commonly known as Downtown Minneapolis. The urban city center is home to various businesses and commercial establishments. Although structures in the community are mostly office buildings and similar structures, there are also many residential developments available for home buyers looking at a new home in the area.

Real Estate in Central Minneapolis serves primarily as convenient housing options for busy professionals looking for a home close to work. There are various apartment buildings and condominiums throughout the community providing ample opportunities for buyers looking at purchasing a unit in the city center.

Central, Minneapolis, MN Homes for Sale

Check out our original neighborhood post at https://grumdahlgroup.com/.

Central Amenities

As the primary business district of the city, there are ample transportation hubs connecting the region to other neighborhoods of the city. Residents in the community are a short commute to most of the attractions the city has to offer. A few notable places in the city center include U.S. Bank Stadium, Target Center Arena, Target Field Stadium, Minneapolis Central Library, Minneapolis Convention Center, Gold Medal Park, Mill City Museum, and many more.

 

What Schools are available for Central residents?

There are outstanding educational institutions located in the heart of the city of Minneapolis. These include a selection of public and private schools as well as several colleges and universities. Some of the notable institutions are the Lincoln International High School, Metropolitan State UniversityUniversity of St. Thomas School of Law, University of Minnesota Twin Cities, and many more. 

 

Check out our original neighborhood post at https://grumdahlgroup.com/.

Minneapolis, MN Community Report

  • Total Population: 1,039,960 (2018)
  • Average Household Income: $81,685 (2018)
  • Households: 430,030
  • Average Age: 36

Minneapolis, MN Market Report

  • Properties currently active on the market: 14
  • Median Home Value: $266,400 (2018)
  • Price per square foot: $257
  • Median Price of Homes Currently Listed: $299,500 (2018)
  • Median Price of Homes Sold: $267,900 (2018)
  • Annual Appreciation of Homes: $2.0% (2018)
  • Expected Appreciation of Homes: $1.8%

There are currently 14 homes for sale in Central, Minneapolis, MN.

If you would like to receive a FREE Competitive Market Analysis, contact me today.

Let Me Help You Find Your Minneapolis Home!

Click the link to find a complete list of Central homes for sale in MN. If you are a buyer, it is important to have the assistance of a Buyer's Agent to represent you during the transaction. If you need additional assistance or would like to schedule a showing, contact our office at 612-968-2161.

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POSTED BY
Jesse Grumdahl
Grumdahl Group - ReMax
9401 36th Ave N, Minneapolis, MN 55427
612-968-2161
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Location:
Minnesota Hennepin County Minneapolis
Tags:
market update
minneapolis
central
real estate market update
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Michelle Cherie CarrCrowe Just Call...408-252-8900
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Thank you for this real estate market report on your local area.

Oct 20, 2019 10:27 PM #1
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