Why Live in Cedar-Riverside
Cedar-Riverside in Minneapolis is a vibrant neighborhood known for its international and cultural diversity, attracting university staff, young professionals, and new residents. The area is home to Augsburg University and is just minutes from Downtown Minneapolis. Most residents live in condos and apartments, with some single-family homes available near downtown. The neighborhood features Tudor-inspired and national-style homes, typically with four bedrooms. Tall condo buildings offer views of downtown, with rental rates starting around $1,300. Currie Park provides green space with a new playground, splash pad, and soccer field, while Riverside Park offers additional recreational facilities. Dining options include Palmer’s Bar, Townhall Brewery, Hard Times Cafe, and The Red Sea Ethiopian Restaurant. International grocery stores like Wadajir Grocery and Halal Meat market are conveniently located along Cedar Avenue. The neighborhood is well-connected with bus routes and the Cedar-Riverside Station light rail, providing easy access to downtown and the Minneapolis-Saint Paul International Airport. Traffic can be heavy during peak hours but remains manageable. The M Health Fairview campus offers comprehensive medical services nearby. Cedar-Riverside is also known for its lively events, such as the Somali Independence Day Festival, and its proximity to U.S. Bank Stadium and various theaters, including the Mixed Blood Theater.
Home Trends in Cedar-Riverside, MN
On average, homes in Cedar-Riverside, Minneapolis sell after 93 days on the market compared to the national average of 51 days. The median sale price for homes in Cedar-Riverside, Minneapolis over the last 12 months is $164,900, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$164,900
Median Single Family Sale Price
$267,500
Median Townhouse Sale Price
$162,450
Average Price Per Sq Ft
$155
Number of Homes for Sale
12
Last 12 months Home Sales
11
Median List Price
$170,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
10%