Why Live in Loring Park
Loring Park in Minneapolis is a vibrant neighborhood known for its cultural diversity and active LGBTQ+ community. The area hosts numerous events, including the Twin Cities Pride Festival and the Loring Park Art Festival, drawing large crowds annually. Residents enjoy a variety of unique restaurants and cafes, such as the 24-hour Nicollet Diner and Roxy’s Cabaret, which offers daily entertainment. The neighborhood's central location allows easy access to downtown Minneapolis attractions, including historic theaters on Hennepin Avenue. Loring Park itself is a green space featuring walking trails, gardens, a pond, and the iconic Berger Fountain. The Irene Hixon Whitney Bridge connects the park to the Minneapolis Sculpture Garden, home to the famous Spoonbridge and Cherry sculpture. Major events like Holidazzle and the Auto Show at the nearby Minneapolis Convention Center add to the list of things to do. The neighborhood is served by highly rated schools, including Kenwood Elementary School, Emerson Spanish Dual Language Citywide Magnet School, and Anwatin Middle School. Housing options range from historic brownstones to modern apartment towers, with a few single-family mansions. The area is walkable and well-served by the Metro Transit bus system. Nearby medical facilities include Hennepin County Medical Center and the University of Minnesota Medical Center. Overall, Loring Park offers a dynamic living experience with a blend of cultural, recreational, and practical amenities.
Home Trends in Loring Park, MN
On average, homes in Loring Park, Minneapolis sell after 87 days on the market compared to the national average of 52 days. The median sale price for homes in Loring Park, Minneapolis over the last 12 months is $218,000, down 16% from the median home sale price over the previous 12 months.
Median Sale Price
$218,000
Median Single Family Sale Price
$157,500
Median Townhouse Sale Price
$260,000
Median 1 Bedroom Sale Price
$165,000
Average Price Per Sq Ft
$223
Number of Homes for Sale
37
Last 12 months Home Sales
79
Median List Price
$242,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-16%