Why Live in South Loop
South Loop in Bloomington is a vibrant urban neighborhood, prominently featuring the Mall of America, a major tourist attraction with over 520 stores, 60 restaurants, an indoor amusement park, an aquarium, and various entertainment centers. Family attractions include Nickelodeon Universe and the LEGO Store, while Flyover America offers a unique flight simulation experience. Dining options are plentiful, with Hazelwood Food and Drink offering contemporary New American cuisine and WhirlyBall Twin Cities providing a lively sports bar atmosphere with bumper cars, laser tag, and bowling. The neighborhood is well-connected with multiple light rail stops, making it convenient for young professionals and frequent travelers, being just 10 miles from downtown Minneapolis and five miles from the airport. Housing primarily consists of two condominium buildings: Appletree Condominiums, with units overlooking the Minnesota Wildlife Refuge, and Reflections at Bloomington, a modern industrial building with sound-insulated units. Despite its proximity to the bustling mall, the area remains surprisingly quiet with no residential zones to the east. Bloomington Central Station Park adds to the neighborhood's appeal with water features, walking paths, and picnic tables, and is part of a planned mixed-use urban village. South Loop is poised for significant growth, expected to account for two-thirds of Bloomington's expansion over the next 40 years.
Home Trends in South Loop, MN
On average, homes in South Loop, Bloomington sell after 88 days on the market compared to the national average of 70 days. The median sale price for homes in South Loop, Bloomington over the last 12 months is $275,000, down 71% from the median home sale price over the previous 12 months.
Median Sale Price
$275,000
Median Single Family Sale Price
$275,000
Average Price Per Sq Ft
$146
Number of Homes for Sale
1
Last 12 months Home Sales
9
Median List Price
$295,970
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-71%