Stevens Square is a residential neighborhood filled with brownstone condos and apartments that pack in plenty of people despite its small size. Residents can walk to restaurants and cultural centers in nearby neighborhoods like Loring Park and Whittier, or commute to downtown Minneapolis for work. Stevens Square Park provides them with a green space close to home.
The neighborhood’s density comes from its large number of studio to three-bedroom apartments, some of which are in historic brownstones. About 85% of residents are renters. There are also several brownstone condos, though a few more modern buildings were added in the 2000s. Condos typically run from around $85,0000 to the upper $100,000s. HOA fees are often between $300 and $600 per month. For homebuyers seeking something larger, there are a handful of single-family homes that can sell between the upper $300,000s and the lower $900,000s, but these homes rarely hit the market. Prices in the neighborhood tend to be lower than in surrounding communities like Whittier and Loring Park.
Stevens Square is a relatively small area, but it has a population of close to 4,500 residents, so people are always out and about. Barbara Brin, a sales associate with Coldwell Banker Realty – Minneapolis Lakes who used to live in the area, says the neighborhood’s biggest appeal is its location. “It’s on the edge [of downtown],” Brin says, adding that residents can walk into more active areas like Loring Park via bridges that cross over Interstate 94. While driving is also an option, there are few parking lots, and street parking fills up fast. It gets even more difficult to find a spot after snowstorms. The neighborhood also lacks the bike boulevards with slower traffic found in other parts of the city, though 1st Avenue South does have a bike lane.
At the center of the neighborhood is Stevens Square Park, which has a basketball court, a playground and a grilling area. It’s often used as a community gathering space. A few blocks from the neighborhood is Washburn Fair Oaks Park, a quiet space with brightly colored benches. Less than a mile away is Loring Park, a larger space that offers sports courts, a fishing pond, a community arts center and a pet area. It connects to the Loring Greenway, a popular spot for walking that leads to Downtown West ’s Nicollet commercial area.
Residents often walk through the neighborhood to get around. Downtown’s business district, where companies like Target and U.S. are headquartered, is roughly a mile away, and it takes about 20 minutes to walk there. Metro Transit buses make several stops along Nicollet Avenue and 3rd Avenue South, and a ride downtown takes between 15-20 minutes. If you drive, it can take less than 10 minutes.
The Stevens Square Community Organization helps the neighborhood in multiple ways, from raising money for local businesses to volunteering at the Groveland Emergency Food Shelf. It also hosts events like Coffee Hours, when people are encouraged to get to know one another. The area’s biggest event is the Red Hot Art Festival, which celebrates work from neighborhood artists and encourages attendees to create their own. The event also has food trucks and other activities.
Though there are a few restaurants in the neighborhood, including the well-liked Joe & Nya African Restaurant, most people don’t stay in the community when they’re hungry. They usually walk a few blocks south to Eat Street, a stretch of Nicollet Avenue filled with international eateries. Some have a relaxed atmosphere, while others are a bit more upscale. The most popular Eat Street restaurants include:
Residents can walk to a couple of the city’s most popular cultural centers. The Minneapolis Institute of Art, in Whittier, has rotating exhibitions that showcase works from across the world. It is also home to the Children’s Theatre Company, a professional theater that tailors its performances to families. “It has exceptionally wide aisles so kids can walk in front of their parents or sit on their laps,” Brin says. In Loring Park, the Minneapolis Convention Center hosts large-scale events like galas, indoor sports competitions and business conferences. Stevens Square residents can hold special events like weddings at The Van Dusen Mansion, which was built in the 1890s.
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Mustaf Sahal
Fahan Realty
(952) 260-3420
58 Total Sales
1 in Stevens Square
$110,000 Price
Bruce Nelson
Bridge Realty, LLC
(952) 592-7484
138 Total Sales
1 in Stevens Square
$216,300 Price
John Brekken
Compass
(612) 260-9322
82 Total Sales
1 in Stevens Square
$914,000 Price
Ryan Edick
Reliance Realty Advisers, LLC
(612) 662-6567
136 Total Sales
1 in Stevens Square
$117,000 Price
James Adams
Pemberton RE
(833) 437-2974
53 Total Sales
1 in Stevens Square
$320,000 Price
Christopher Wasilensky
Keller Williams Realty Integrity Lakes
(612) 261-0936
82 Total Sales
4 in Stevens Square
$99K - $120K Price Range
On average, homes in Stevens Square, Minneapolis sell after 86 days on the market compared to the national average of 55 days. The median sale price for homes in Stevens Square, Minneapolis over the last 12 months is $151,250, up 16% from the median home sale price over the previous 12 months.
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Median List Price
$159,900
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Median Sale Price
$151,250
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Median Single Family Sale Price
$590,000
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Median Townhouse Sale Price
$149,900
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Median 2 Bedroom Sale Price
$192,000
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Median Change From 1st List Price
0%
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Last 12 months Home Sales
30
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Median Home Sale Price YoY Change
16%
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Average Price Per Sq Ft
$168
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Number of Homes
569
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Number of Homes for Sale
15
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Median Year Built
1926
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Months of Supply
6.00
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Average Single Family Home Size Sq Ft
1,179
Significantly below the national average
1,935
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Average Townhouse Size Sq Ft
1,082
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Average 2 Bedroom Size Sq Ft
1,049
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Average 1 Bedroom Size Sq Ft
619
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Average Studio Size Sq Ft
500
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Median Lot Size Sq Ft
8,276
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$865 - $2,200 per month
$1,057 - $1,888 per month
$1,050 - $1,115 per month
$1,055 - $1,160 per month
$895 - $1,550 per month
$775 - $925 per month
$3,453 per month
$2,711 per month
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Number of Homes for Rent
13
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Median Rent
$1,295
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Median Single Family Home Rent
$1,525
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Median Townhouse Rent
$1,398
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Median 2 Bedroom Townhouse Rent
$1,535
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Median Condo Rent
$1,150
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Median 2 Bedroom Condo Rent
$1,150
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Total Population
4,410
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Median Age
36
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Population Density
37 ppl/acre
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Population under 18
14.1%
Below the national average
23.8%
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Population over 65
10.3%
Below the national average
19.1%
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Median Household Income
$39,700
Significantly below the national average
$79,597
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Average Household Income
$58,867
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High School Graduates
87.2%
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College Graduates
38.8%
On par with the national average
34.1%
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Advanced Degrees
9.9%
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% Population in Labor Force
77.1%
Above the national average
64.9%
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Annual Precipitation
31''
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Average Winter Low Temperature
9°F
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Average Summer High Temperature
83°F
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Annual Snowfall
60''
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Bikeability
Walkability
Transit
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
This community has historic mansions and access to a lake and an art center
A business district with condos, restaurants and arts venues galore
A lively neighborhood where arts, parks and food are a short walk away
Eat Street and an artistic spirit define this South Minneapolis neighborhood
Urban living with international cuisine close to downtown Minneapolis
A near-downtown neighborhood with access to dining and entertainment
