Why Live in Downtown East
Downtown East in Minneapolis has transformed from a quiet business district into a vibrant neighborhood with a mix of residential and commercial spaces. The Mill District, once home to industrial buildings, now features high-end condominiums, attracting both renters and owners. The area is known for its upscale buildings, riverfront views, and a quieter atmosphere. With a median home price of nearly $650,000, it tends to attract older residents. The neighborhood is anchored by U.S. Bank Stadium, home to the Minnesota Vikings, and connected to the extensive Minneapolis Skyway System. Attractions include the Mill City Museum, Guthrie Theater, and Open Book, offering cultural and historical insights. Dining options are diverse, with notable spots like Owamni by The Sioux Chef and Day Block Brewing Company. For shopping, there's a Trader Joe's and a seasonal Mill City Farmers Market. Green spaces such as The Commons, Mill Ruins Park, and Gold Medal Park provide recreational opportunities, with features like play equipment, hiking and biking paths, and scenic views of the Mississippi River. The neighborhood has a lower crime risk compared to the national average, making it a safer place to live.
Home Trends in Downtown East, MN
On average, homes in Downtown East, Minneapolis sell after 68 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown East, Minneapolis over the last 12 months is $705,000, up 13% from the median home sale price over the previous 12 months.
Median Sale Price
$705,000
Median Single Family Sale Price
$1,588,725
Median Townhouse Sale Price
$649,500
Average Price Per Sq Ft
$503
Number of Homes for Sale
38
Last 12 months Home Sales
77
Median List Price
$695,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
13%