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Ericsson Homes for Sale

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  • /28

    $298,000

    • 2 Beds
    • 1 Bath
    • 782 Sq Ft

    4540 Nokomis Ave, Minneapolis, MN 55406

    Steps from Minnehaha Creek! This cozy cottage home is ready for its next chapter and offers the prefect canvas for renovation. Bring your ideas to transform this functional layout home, and great perennial filled yard while enjoying the benefits of this prime sought after neighborhood!

    Agent Photo

    Dena Hodnett

    RE/MAX Results

    4540 Nokomis Ave, Minneapolis, MN 55406
  • /69

    $630,000

    Coming Soon
    • 4 Beds
    • 2.5 Baths
    • 2,658 Sq Ft

    4725 36th Ave S, Minneapolis, MN 55406

    Life at 4725 36th Ave South revolves around the good stuff — weekend mornings in the sunroom with coffee, evenings on the patio, and a neighborhood that does a lot of the entertaining for you. Bullhorn and Venn Brewing Company are close enough for a casual night out, Falls Coffee is your new go-to, and the trails along Minnehaha Falls and Creek are right there for your enjoyment. Inside, this

    Jennifer Rojer Real Broker, LLC

    4725 36th Ave S, Minneapolis, MN 55406
  • /61

    $529,900

    Coming Soon
    • 3 Beds
    • 1.5 Baths
    • 2,060 Sq Ft

    2716 E Minnehaha Pkwy, Minneapolis, MN 55406

    Perfectly positioned on Minnehaha Parkway between Lake Hiawatha and Lake Nokomis, this classic 1920s Mediterranean-style two-story blends timeless character with thoughtful updates. Rich hardwood floors and beautiful natural woodwork showcase the home's enduring craftsmanship and care. The original attached garage has been transformed into a spacious main-level family room featuring a brand-new

    Shae Hanson Keller Williams Realty Integrity Lakes

    2716 E Minnehaha Pkwy, 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 Home Prices vs. Nearby Minneapolis, MN Neighborhoods

Ericsson Champlin Somerset Sorenson
Median Home Price
$374,900
$375,000
$429,450
$420,000
Median Sale Price
$380,046
+7% YoY
$375,000
-1% YoY
$422,500
+13% YoY
$425,000
+16% YoY
Median Single Family Price
$385,023
$391,000
$427,450
$425,000
Median Condo Price
$257,000
$250,000
$198,000
$129,900
Total Active Listings
2
43
26
6
Market Conditions
0 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
4 Months of Supply
Seller's Market
3 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.
Is Ericsson, MN a safe neighborhood?
Ericsson, MN is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Ericsson?
The median home price in Ericsson is $374,900. If you put a 20% down payment of $75,000 and had a 30-year fixed mortgage with an interest rate of 6.47%, your estimated principal and interest payment would be $1,890 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $81K 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 Keewaydin, Standish, Hiawatha, Minnehaha and Howe.
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