Golden Valley

Golden Valley

Located in Hennepin County

$503,533 Average Value
$217 Average Price per Sq Ft
54 Homes For Sale

A golden lifestyle in western Minneapolis

Though it’s not a valley like its name suggests, residents here are blessed with a golden lifestyle known for a high-rated school district, abundant outdoor recreation and quick 6-mile commutes into the Twin Cities. “Golden Valley is a first-ring suburb of Minneapolis, meaning residents get to enjoy the larger, more private lots of the suburbs while staying close to everything downtown Minneapolis has to offer,” says Joe Carmack, Realtor with Carmack Real Estate Group and Creator of Living in Minnesota on YouTube. Home to national companies such as Honeywell and General Mills, the city has a robust employment base with 30,000 full-time jobs, which is more than any other in the metropolitan area. Despite being so close to downtown, Golden Valley maintains a small-town feel through mainstays like the Farmer’s Market in the Valley and outdoor recreation from sand volleyball in the summer at Theodore Wirth Regional Park to ice skating at Hampshire Park in the winter. “It’s so close to the action, but then it’s a sleepy little city where nothing goes on – in a good way,” says long-time local Gary Metchnek, Realtor with Edina Realty. This western Minneapolis city combines urban accessibility with a highly sought-after suburban feel a 20-minute drive from downtown.

New Traditionals and multi-family townhouses

The real estate market in Golden Valley is highly competitive, with homes priced around $50,000 more than the majority of homes found in the Minneapolis Metro Area. “Golden Valley has a relatively stable housing market with a great range of real estate from affordable starter homes to high-end luxury estates,” says Carmack, who has been selling in Minneapolis for 8 years. The majority of the homes here were constructed in the late 1940s following the World War II construction boom. Golden Valley offers a variety of housing options from minimal traditionals and split-levels to New Traditionals and multi-family townhouses. With a median sales price of $430,000, Cape Cods and ranch styles range from the low $200,000s to upwards of $1 Million bordering the scenic Theodore Wirth Regional Park. While split-levels and New Traditionals range from the mid $200,000s to upwards of $2.7 Million for a newly-constructed five-bedroom contemporary style. Golden Valley offers subdivision options with lakefront views in areas like Hidden Lakes to those with golf course views of The Club along Country Club Drive and newer construction in North Tyrol Hills. Single family homes dominate the area, but multi-family townhouses are available and range from $160,000 to $500,000 in subdivisions like Wesley Commons. “A nice house, priced well, is going to fly off the market in most places in Golden Valley — And these aren’t cookie-cutter homes; in a sought-after neighborhood like Tyrol, it's known for mid-century moderns and some super funky contemporary stuff,” says Metchnek.

Shopping at Spring Gate Shopping Center

Residents can shop at Spring Gate Shopping Center on Duluth Street, which features a variety of retailers like Lunds & Byerlys and Walgreens for groceries and everyday essentials. While the Golden Valley Shopping Center offers locally-owned retailers, like Down In The Valley, Ragstock and All Strings Attached. When dining in the area, locals can grab a coffee from the family-owned Triple D Espresso, offering a larger sense of community and freshly roasted beans from all over the world. For street-style tacos, check out Teresa's Mexican Restaurant for weekly specials and authentic Mexican cuisine. Or head to the family-run Nong's Thai Cuisine for a traditional Thai meal prepared by Chef Nong, who was born in Bangkok, Thailand.

The seasonal Market in the Valley

Every year, neighbors gather in the Golden Valley City Hall parking lot for the anticipated Market in the Valley. Visitors can purchase seasonal produce and meats, hand-crafted goods and pastries from local businesses and vendors within the community. The Market in the Valley is the area’s premier farmers market, where they say the average distance traveled from farm to market is just 50 miles. The event begins in June and is hosted every Sunday throughout the summer season. While the winter market is hosted on variable dates beginning in November and throughout the holiday season.

A-rated education at Hopkins Public Schools

Families are served by two school districts: Hopkins Public Schools and Robbinsdale Area Schools. Students in Golden Valley can attend schools like Meadowbrook Elementary, Hopkins North Junior High and Hopkins Senior High School, which have all respectively earned ratings of A-minus from the educational review site, Niche. Meadowbrook Elementary School offers both Spanish and Chinese immersion options, beginning as early as kindergarten. Hopkins North Junior High School implements a Special Education program through Individual Education Plans (IEPs) provided by highly trained individuals and specialized instructional services. Hopkins Senior High School offers an advanced curriculum with 21 AP courses with the opportunity to earn college credit. Private options like Breck School and Good Shepherd School are also common.

Pick-up games of basketball at Hampshire Park

When seeking time outdoors, some Golden Valley residents are within walking distance of the basketball courts at Hampshire Park, located at the heart of the community. Visitors can climb on the jungle-gym during the summer and skate across the outdoor ice-rink during the winter months. Nature lovers can take advantage of Theodore Wirth Regional Park, offering 759 acres of lakeside greenery along the eastern border of the community. Neighbors can stroll along the groomed trails and wooden pathways overlooking Lake Wirth. During the summer, residents can play sand volleyball at Wirth Lake Beach or launch onto the lake in a canoe or kayak using the public lake access. Winter activities like snowshoeing and offroad biking are also common here. Golf enthusiasts are in luck with the private Club at Golden Valley nearby, featuring an 18-hole layout and indoor golf simulator for fine-tuning the perfect swing all year long.

Nearby healthcare and commutes downtown on U.S. I-394

Residents in Golden Valley rely on U.S. Route 169 for easy access to U.S. Interstate 394 and neighboring areas like Willard-Hay. When seeking public transportation, locals can grab a seat on the Metro Transit bus at the Louisiana Avenue Transit Center for quick commutes into downtown Minneapolis. When traveling further outside the community, the Minneapolis–Saint Paul International Airport is 17 miles from the community. For healthcare, the Regency Hospital - Minneapolis is 3 miles from the community.

Jessica Haddad
Written By
Jessica Haddad
Sienna Lee
Photography Contributed By
Sienna Lee
Daniel Quattro
Video By
Daniel Quattro

Interested in learning more about homes in this area? Reach out to Jim Snaza, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Golden Valley Housing Trends

Housing Trends

Median List Price
$425,000
Median Sale Price
$424,950
Median Single Family Sale Price
$490,000
Median Townhouse Sale Price
$290,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
314
Median Home Sale Price YoY Change
$1
Average Price Per Sq Ft
$217

Neighborhood Facts

Number of Homes for Sale
54
Months of Supply
2.10

Open Houses

  • Sunday, Jun 15
    2 - 5pm

    4720 Killarney Dr, Golden Valley, MN 55422

    $1,150,000

    • 4 Beds
    • 2.5 Baths
    • 2,694 Sq Ft
    • 4720 Killarney Dr
    • New 5 days ago

    Welcome to 4720 Killarney Dr— a rare chance to own a Slice of Heaven Here on Earth. Sweeney Lake is Golden Valley’s only fully recreational lake and you have 114’ of lakefront. Additionally, Sweeney Lake doesn’t have any public access, which limits usage exclusively to homes residing on the lake. This quiet cul-de-sac has only a handful of homes, offering unmatched privacy, community, access

    Scott Nagel Keller Williams Premier Realty Lake Minnetonka

  • Wednesday, Jun 25
    5 - 7pm

    7600 Golden Valley Rd Unit 511, Golden Valley, MN 55427

    $48,000

    • 1 Bed
    • 1 Bath
    • 609 Sq Ft
    • 7600 Golden Valley Rd
    • Unit 511

    Welcome to this bright and inviting 1-bedroom 1-bath home in a highly sought-after 55+ senior cooperative designed for carefree, one-level living. This east-facing unit offers peaceful news of the courtyard. The white kitchen and crisp white trim provide a fresh timeless look, while the unique layout includes an additional door from the bedroom to living area, adding flexibility to the space. No

    Lisa Dunn RE/MAX Results

  • Thursday, Jun 19
    4 - 6pm

    1711 Winnetka Ave N, Golden Valley, MN 55427

    $300,000

    • 3 Beds
    • 2 Baths
    • 1,502 Sq Ft
    • 1711 Winnetka Ave N
    • New 5 days ago

    With a little vision and a little love, this home offers great potential. Perfect for a future homeowner or investor looking to build instant equity! Check out the large footprint of over 1200 square feet on the main floor. Note the hardwood floors, the stone-front living room fireplace, the large basement with a walkout to the backyard, and a very convenient Golden Valley location. NEW Roof in

    Scott Belcher RE/MAX Results

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Golden Valley Has More Owners

Demographics

Total Population
21,900
Median Age
43
Population Density
55 ppl/acre
Population under 18
20%
On par with the national average
23.8%
Population over 65
23.5%
On par with the national average
19.1%

Finances

Median Household Income
$105,380
Significantly above the national average
$71,702
Average Household Income
$131,097

Education and Workforce

High School Graduates
96.6%
College Graduates
59.8%
Significantly above the national average
34.1%
Advanced Degrees
23.6%
Above the national average
13.3%
% Population in Labor Force
69.4%

Weather

Annual Precipitation
31''
Average Winter Low Temperature
7°F
Average Summer High Temperature
83°F
Annual Snowfall
59''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Golden Valley
Jim Snaza
Homes Plus Realty