$429,850
- 2 Beds
- 2 Baths
- 1,031 Sq Ft
8161 33rd Ave S Unit 206, Bloomington, MN 55425
Amy Lantz
Amy'sFire Realty, LLC.
(612) 400-8274
Frequently Asked Questions
Is South Loop a good place to live?
South Loop is a good place to live. South Loop is considered very car-dependent and somewhat bikeable. South Loop is a suburban neighborhood. South Loop has 5 parks for recreational activities. It is sparse in population with 1.6 people per acre and a median age of 38. The average household income is $88,241 which is below the national average. College graduates make up 54.8% of residents. A majority of residents in South Loop are renters, with 66.8% of residents renting and 33.2% of residents owning their home. A local real estate agent serving South Loop can help you decide if this neighborhood is the right one for you. Learn more on our South Loop neighborhood guide.
How much do you need to make to afford a house in South Loop?
The median home price in South Loop is $324,950. If you put a 20% down payment of $65,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $1,620 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $69K a year to afford the median home price in South Loop. The average household income in South Loop is $88K.
What are the best public schools in South Loop?
The best public schools that serve South Loop are:
- Burnsville High School has a B+ Niche grade, a student teacher ratio of 19:1 and an average review score of 3.6.
- Kennedy Senior High School has a B Niche grade, a student teacher ratio of 18:1 and an average review score of 3.5.
- Richfield Middle School has a C+ Niche grade, a student teacher ratio of 14:1 and an average review score of 4.0.
What are the most popular zip codes in South Loop, Bloomington, MN?
What are the most popular neighborhoods near South Loop, Bloomington, MN?
The most popular neighborhoods near South Loop, Bloomington, MN are East Bloomington, Morris Park, Wenonah, Diamond Lake and West Bloomington.
Are home prices dropping in South Loop?
Yes, home prices in South Loop are down 2% in the last 12 months.
