Why Live in Marcy-Holmes
Marcy-Holmes, the oldest neighborhood in Minneapolis, is perched on a bluff along the Mississippi River, adjacent to the University of Minnesota. Known for its skyline views and riverside trails, this area features a mix of 19th-century homes and converted industrial buildings. The neighborhood is highly walkable, with a variety of casual and formal dining options, quirky boutiques, vintage resale stores, and the MSP Film Society. Historic Victorian, Tudor Revival, and Prairie-style homes are common, with prices ranging from $275,000 to over $500,000, while modern condos can reach up to $4 million. Local highlights include The Golden Pearl Vintage for retro clothing, Alma for modern American cuisine, and Stray Dog for vegetarian-friendly fare. Minneapolis Cider Company and HeadFlyer Brewing are popular spots for local beverages. Dinkytown, the commercial district, is a hub for college students and features family-owned Annie's Parlour, The Book House, and various entertainment venues. Parks like Historic Main Street Park and Father Hennepin Bluff Park offer walking and biking trails with views of the downtown skyline and the Mississippi Gorge. The Main Cinema hosts the Minneapolis St. Paul International Film Festival each April. With miles of bike trails, sidewalks, and five bus routes, residents have multiple transportation options. Downtown is 2 miles away, and Minneapolis–Saint Paul International Airport is 11 miles via Interstate 35W. The neighborhood is safer than the national average, making it an attractive option for potential home buyers.
Frequently Asked Questions
Is Marcy-Holmes a good place to live?
Marcy-Holmes is a good place to live, receiving 3.7 stars from its residents. Marcy-Holmes is considered fairly walkable and a biker's paradise with good transit options. Marcy-Holmes has 5 parks for recreational activities. It is very dense in population with 31.5 people per acre and a median age of 27. The average household income is $63,609 which is below the national average. College graduates make up 60.1% of residents. A majority of residents in Marcy-Holmes are renters, with 92.3% of residents renting and 7.7% of residents owning their home. A
local real estate agent serving Marcy-Holmes can help you decide if this neighborhood is the right one for you. Learn more on our
Marcy-Holmes neighborhood guide.
Is Marcy-Holmes, MN a safe neighborhood?
Marcy-Holmes, MN is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Marcy-Holmes?
The median home price in Marcy-Holmes is $419,900. If you put a 20% down payment of $84,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,180 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $93K a year to afford the median home price in Marcy-Holmes. The average household income in Marcy-Holmes is $64K.
What are the best public schools in Marcy-Holmes?
The best public schools that serve Marcy-Holmes are:
What are the best private schools in Marcy-Holmes?
The best private schools that serve Marcy-Holmes are:
What are the most popular zip codes in Marcy-Holmes, Minneapolis, MN?
What are the most popular neighborhoods near Marcy-Holmes, Minneapolis, MN?
Are home prices dropping in Marcy-Holmes?
Yes, home prices in Marcy-Holmes are down 35% in the last 12 months.
Home Trends in Marcy-Holmes, MN
On average, homes in Marcy-Holmes, Minneapolis sell after 74 days on the market compared to the national average of 70 days. The median sale price for homes in Marcy-Holmes, Minneapolis over the last 12 months is $412,000, down 35% from the median home sale price over the previous 12 months.
Median Sale Price
$412,000
Median Single Family Sale Price
$412,000
Average Price Per Sq Ft
$134
Number of Homes for Sale
0
Last 12 months Home Sales
2
Median List Price
$419,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-35%