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Diamond Lake Homes for Sale

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  • /33

    $485,000 Coming Soon

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

    6037 11th Ave S, Minneapolis, MN 55417

    Storybook cottage in the heart of Nokomis—just steps from Lake Nokomis! This beautifully maintained home blends timeless character with thoughtful, modern updates. Featuring steel siding and maintenance-free fencing, you’ll enjoy lasting curb appeal with minimal upkeep. Inside, you’re welcomed by sun-filled living and dining spaces complete with a stunning stone fireplace and classic arched

    Joel Nelson Real Broker, LLC

    6037 11th Ave S, Minneapolis, MN 55417
  • /33

    $399,900 Pre-Foreclosure

    • 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
  • /26

    $419,900

    • 3 Beds
    • 2 Baths
    • 2,070 Sq Ft

    6117 4th Ave S, Minneapolis, MN 55419

    Situated in the Diamond Lake neighborhood. this adorable and lovingly maintained story and a half features newer windows, roof, siding, main bath, hardwood floors a finished lower level, a back yard oasis and so much more. Close to parks, lakes, groceries, restaurants and highway access. None better from a location perspective

    Christopher Bennett eXp Realty

    6117 4th Ave S, Minneapolis, MN 55419
  • /30

    $524,900

    • 3 Beds
    • 1 Bath
    • 1,750 Sq Ft

    5848 Oakland Ave, Minneapolis, MN 55417

    Beautiful 2-story solid brick home showcasing timeless character, charm, and extensive updates throughout. The upper level features 3 bedrooms, while the main floor offers a flexible office space - originally a sunroom - perfect for working from home, complete with an eye-catching brick accent wall. A formal dining rooms sits just off the kitchen, creating an ideal layout for everyday living and

    Scott Blanck RE/MAX Results

    5848 Oakland Ave, Minneapolis, MN 55417
  • /31

    $469,900

    • 4 Beds
    • 2 Baths
    • 2,311 Sq Ft

    6021 Chicago Ave, Minneapolis, MN 55417

    Great investment opportunity in a prime location! This side-by-side duplex is fully rented, with one unit generating $1,600/month and the other $1,800/month. Each unit features 2 bedrooms and 1 bathroom, along with its own garage, offering convenience and added tenant appeal. Well-maintained and ideally situated, this property is perfect for investors looking to expand their portfolio or those

    Nadezhda Yarmolich Bridge Realty, LLC

    6021 Chicago Ave, Minneapolis, MN 55417
  • /24

    $375,000

    • 2 Beds
    • 1.5 Baths
    • 1,150 Sq Ft

    5705 10th Ave S, Minneapolis, MN 55417

    Open house canceled due to multiple offers. Classic 1.5 story home in the high-demand Diamond Lake neighborhood, mere blocks from Lake Nokomis.Classic charm throughout, including hardwood floors throughout the main and upper levels. The eat inkitchen is equipped with stainless steel appliances and the dining room provides plenty of space forgroup meals. The backyard and concrete patio

    Shane Wyandt Northstar Real Estate Associates

    5705 10th Ave S, Minneapolis, MN 55417
  • /61

    $479,900

    • 5 Beds
    • 2 Baths
    • 2,230 Sq Ft

    5718 13th Ave S, Minneapolis, MN 55417

    Exceptional 5BR, 2BA is a classic 1940s built 1 1⁄2 story home in the sought-after Diamond Lake neighborhood - a perfect place to call home! Outstanding curb appeal features a rarely found covered front porch that draws you into an attractive, spacious living room w/ HWF & wood burning fireplace. Traditional dining room w/ HWF, updated kitchen w/ newer cabinets and granite counters plus a walkout

    Michael Gardner RE/MAX Results

    5718 13th Ave S, Minneapolis, MN 55417

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 good 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 $475,000. If you put a 20% down payment of $95,000 and had a 30-year fixed mortgage with an interest rate of 6.3%, your estimated principal and interest payment would be $2,350 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $101K 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, 55419, 55423, 55407 and 55409.
What are the most popular neighborhoods near Diamond Lake, Minneapolis, MN?
The most popular neighborhoods near Diamond Lake, Minneapolis, MN are Windom, Tangletown, Field, Wenonah and Northrop.

Home Trends in Diamond Lake, MN

Housing Trends

Median Sale Price
$478,000
Median Single Family Sale Price
$478,950
Median Townhouse Sale Price
$175,000
Average Price Per Sq Ft
$238
Number of Homes for Sale
6
Last 12 months Home Sales
71
Months of Supply
1.00
Median List Price
$475,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
12%
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