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Ericsson Homes for Sale

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  • /24

    $419,900

    $29K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,753 Sq Ft

    3207 E 42nd St, Minneapolis, MN 55406

    Timeless Character. Thoughtful Renovation. ExceptionalLocation.This beautifully restored 3-bedroom, 2-bath home blends historic charm with extensive modern updates. Situated on a rare oversized property consisting of two lots, this home offers space, flexibility, and move-in-ready peace of mind. All three bedrooms are tucked away on the second floor, creating a comfortable separation

    Greg Lawrence Home Avenue Flat Fee Realty

    3207 E 42nd St, Minneapolis, MN 55406
  • /30

    $270,000

    $50K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,460 Sq Ft

    4223 Nokomis Ave, Minneapolis, MN 55406

    Welcome to this timeless Tudor-style home nestled in a highly desirable neighborhood. Filled with character and charm, the inviting living room features a stunning stone fireplace and beautiful hardwood floors. The updated kitchen flows seamlessly into the bright four-season porch and out to a spacious deck overlooking the private backyard—perfect for relaxing or entertaining. The updated

    Jonathan Soto RE/MAX Results

    4223 Nokomis Ave, Minneapolis, MN 55406
  • /2

    $849,000

    New Construction
    • 4 Beds
    • 3.5 Baths
    • 3,360 Sq Ft

    4240 30th Ave S, Minneapolis, MN 55406

    Just started new construction: 4-bed, 4-bath, 2-story bungalow by ICON Homes with a projected completion date of Jan 1st! Contact now for selections before completion. High-quality construction using better-than-standard materials. Energy-efficient foundation using ICF forms (insulated concrete forms), composite windows, and LP Smart Siding. Open Concept with 9ft ceilings on the main level. Great

    Nick Hubers One Source Realty

    4240 30th Ave S, Minneapolis, MN 55406
  • /17

    $824,990

    • 4 Beds
    • 3.5 Baths
    • 3,027 Sq Ft

    4312 30th Ave S, Minneapolis, MN 55406

    Your new beautiful and efficient home has all the convenience and comfort of the best suburban homes you have seen, but without having to leave this great city neighborhood! This home is being built by Minneapolis's Favorite Home Builder, ICON Homes! With the high efficiency of their top quality insulation, foundation, framing, windows, and finishes, you just can't find a better built home in

    Jeremy Rock Lakes Area Realty G.V.

    4312 30th Ave S, Minneapolis, MN 55406

Why Live in Ericsson

Ericsson, located in South Minneapolis, Minnesota, is a neighborhood that embraces outdoor living with its proximity to Lake Hiawatha, Minnehaha Creek and Lake Nokomis. Residents spend hours outside, whether they’re hiking, kayaking, fishing or cross-country skiing. The neighborhood’s historic charm is reflected in its housing market, which mostly consists of 1920s Craftsman bungalows and Tudor Revivals. The Minneapolis Public School District serves the area, with the highly rated Northrop Elementary School offering a curriculum focused on STEM and environmental education. Dining options in and around Ericsson include Bull’s Horn Food and Drink, Northern Coffeeworks and Venn Brewing Co. Local shops like Doodle Bird Designs and Gifts and Angry Catfish Bicycles add to the neighborhood’s charm. Residents benefit from walkable and bikeable streets, with easy access to highways and public transportation, including the Blue Line light rail. Downtown Minneapolis is about 5 miles away, while downtown Saint Paul is about 10 miles away.

Ericsson, Minneapolis, MN Home Prices vs. Nearby Neighborhoods

Ericsson Morris Park Kingfield Keewaydin
Median Home Price
$399,900
$315,000
$424,950
$369,500
Median Sale Price
$400,000
+13% YoY
$317,500
+3% YoY
$469,975
+6% YoY
$373,100
-6% YoY
Avg. Price per Square Foot
$276
$239
$266
$262
Median Single Family Price
$408,000
$315,000
$465,000
$375,000
Total Active Listings
4 listings
9 listings
10 listings
2 listings
Market Conditions
1 Month of Supply
Seller's Market
3 Months of Supply
Seller's Market
1 Month of Supply
Seller's Market
1 Months of Supply
Seller's Market

Frequently Asked Questions

Is Ericsson a good place to live?
Ericsson is a good place to live, receiving 4.2 stars from its residents. Ericsson is considered somewhat walkable and a biker's paradise with good transit options. Ericsson has 6 parks for recreational activities.It is somewhat dense in population with 7.0 people per acre and a median age of 42. The average household income is $125,207 which is above the national average. College graduates make up 62.1% of residents. A majority of residents in Ericsson are home owners, with 26% of residents renting and 74% of residents owning their home. A local real estate agent serving Ericsson can help you decide if this neighborhood is the right one for you. Learn more on our Ericsson neighborhood guide.
How much do you need to make to afford a house in Ericsson?
The median home price in Ericsson is $399,900. If you put a 20% down payment of $80,000 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $2,120 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $91K a year to afford the median home price in Ericsson. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Ericsson is $125K.
What are the best public schools in Ericsson?
The best public schools that serve Ericsson are:
What are the best private schools in Ericsson?
The best private schools that serve Ericsson are:
What are the most popular zip codes in Ericsson, Minneapolis, MN?
The most popular zip codes in Ericsson, Minneapolis, MN include 55406, 55417, 55407, 55116 and 55105.
What are the most popular neighborhoods near Ericsson, Minneapolis, MN?
The most popular neighborhoods near Ericsson, Minneapolis, MN are Standish, Hiawatha, Minnehaha, Northrop and Howe.
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