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Diamond Lake Homes for Sale

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  • /33

    $399,900

    • 4 Beds
    • 1 Bath
    • 2,181 Sq Ft

    6009 13th Ave S, Minneapolis, MN 55417

    Welcome to 6009 13th Avenue South! This wonderful home is set in beautiful Diamond Lake – one of Minneapolis’s most sought-after and desirable neighborhoods! Step inside to a spacious living room with hardwood floors, a charming brick fireplace and large windows letting in ample natural light. Move into the kitchen with lots of countertop and cabinet space including a pantry and area for dining.

    Thomas Dulian The Berkley Group

    6009 13th Ave S, Minneapolis, MN 55417
  • /28

    $499,900

    • 4 Beds
    • 2 Baths
    • 1,816 Sq Ft

    6041 Portland Ave, Minneapolis, MN 55417

    A remarkable opportunity for an owner occupant or investor, this side by side duplex offers solid construction and thoughtful updates throughout. Each unit features two bedrooms, one bathroom, and its own full basement—ideal for storage or future finished living space. West facing living rooms capture warm afternoon sunlight, while the yard is accented by beautiful mature trees. 6043 side (south

    Chris Carrow Coldwell Banker Realty - Lakes

    6041 Portland Ave, Minneapolis, MN 55417
  • /39

    $375,000

    • 4 Beds
    • 2 Baths
    • 1,965 Sq Ft

    5509 2nd Ave S, Minneapolis, MN 55419

    This updated South Minneapolis bungalow combines charm, space, and smart updates. The front porch welcomes you into a main level with hardwood floors, two bedrooms, and a spacious living area that flows into a large, bright kitchen with ample cabinetry, stainless steel appliances, and plenty of natural light. Upstairs offers a generous bedroom plus a versatile flex space—currently a 25x17 walk-in

    Noah Thompson RE/MAX Results

    5509 2nd Ave S, Minneapolis, MN 55419

Why Live in Diamond Lake

Diamond Lake, located in Nokomis County, is a neighborhood 6 miles south of Minneapolis, where homes have lakefront views. Diamond Lake Park offers a serene environment with wooded trails and wildlife, while Lake Nokomis Park has fishing piers and boat rentals. The neighborhood's homes, built mainly between the 1930s and 1960s, include old Tudor homes, Minimal Traditional cottages, Victorians and Colonial Revivals. These properties range from $250,000 to $1 million, with lakefront homes commanding higher prices. Public schools include Wenonah Elementary, Hennepin Middle School and Roosevelt High School. 5-8 Club is a local restaurant, and Cub is the nearby grocery store. Diamond Lake is part of the HPDL Diamond Lake Community Association, which hosts events such as an Earth Day clean-up and a garage sale. Interstate 35W borders the west side, facilitating commutes to nearby cities.

Frequently Asked Questions

Is Diamond Lake a good place to live?
Diamond Lake is a good place to live, receiving 4.2 stars from its residents. Diamond Lake is considered somewhat walkable and very bikeable with some transit options. Diamond Lake is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Diamond Lake has 6 parks for recreational activities. It is somewhat dense in population with 7.1 people per acre and a median age of 41. The average household income is $161,143 which is above the national average. College graduates make up 64.5% of residents. A majority of residents in Diamond Lake are home owners, with 13% of residents renting and 87% of residents owning their home. A local real estate agent serving Diamond Lake can help you decide if this neighborhood is the right one for you. Learn more on our Diamond Lake neighborhood guide.
Is Diamond Lake, MN a safe neighborhood?
Diamond Lake, MN is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Diamond Lake?
The median home price in Diamond Lake is $465,000. If you put a 20% down payment of $93,000 and had a 30-year fixed mortgage with an interest rate of 6.01%, your estimated principal and interest payment would be $2,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $96K a year to afford the median home price in Diamond Lake. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Diamond Lake is $161K.
What are the best public schools in Diamond Lake?
The best public schools that serve Diamond Lake are:
What are the best private schools in Diamond Lake?
The best private schools that serve Diamond Lake are:
  • Our Lady Of Peace has an A+ Niche grade, a student teacher ratio of 11:1 and an average review score of 5.0.
  • Annunciation Catholic School has an A+ Niche grade, a student teacher ratio of 12:1 and an average review score of 4.3.
  • Academy Of Holy Angels has an A Niche grade, a student teacher ratio of 12:1 and an average review score of 4.3.
What are the most popular zip codes in Diamond Lake, Minneapolis, MN?
The most popular zip codes in Diamond Lake, Minneapolis, MN include 55417, 55423, 55419, 55407 and 55409.
What are the most popular neighborhoods near Diamond Lake, Minneapolis, MN?
The most popular neighborhoods near Diamond Lake, Minneapolis, MN are Wenonah, Windom, Hale, Tangletown and Northrop.

Home Trends in Diamond Lake, MN

Housing Trends

Median Sale Price
$475,000
Median Single Family Sale Price
$472,500
Median Townhouse Sale Price
$175,000
Average Price Per Sq Ft
$236
Number of Homes for Sale
2
Last 12 months Home Sales
67
Months of Supply
0.40
Median List Price
$465,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
10%
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