Why Live in Northrop
Northrop, a neighborhood in Minneapolis, is located approximately 5 miles from downtown and offers a suburban feel with classic features such as a close-knit community and well-maintained green spaces. Residents enjoy direct access to numerous lakes and parks, including the prominent Lake Nokomis Park, which offers canoe, kayak, and paddleboard rentals, walking and biking trails, sports fields, and a beach ice skating rink. The neighborhood features an eclectic mix of architecture, including ramblers and Tudor-style homes, primarily built in the 1950s and 60s. Homes are easily updated and range from $250,000 to $700,000. Northrop Elementary School provides education for young children, followed by Justice Page Middle School and Roosevelt Senior High School, which offers International Baccalaureate and Spanish Dual Language programs. Local dining options are diverse, with popular spots like Matt's Bar and Grill, known for its Jucy Lucy burger, and ie-Italian Eatery, praised for its Italian cuisine. The neighborhood is bordered by several boutique shops and grocery stores like Lunds & Byerlys Nokomis. Northrop's proximity to Lake Nokomis and Minnehaha Parkway allows residents to participate in events such as the U.S. Pond Hockey Championships and the Twin Cities Marathon. Public transportation is accessible, with bus lines running along Bloomington Avenue, Chicago Avenue, and East 46th Street, and Interstate 35 providing a convenient route to downtown Minneapolis.
Frequently Asked Questions
Is Northrop a good place to live?
Northrop is a good place to live. Northrop is considered fairly walkable and very bikeable with some transit options. Northrop has 6 parks for recreational activities. It is somewhat dense in population with 9.2 people per acre and a median age of 42. The average household income is $135,238 which is above the national average. College graduates make up 61.7% of residents. A majority of residents in Northrop are home owners, with 15.7% of residents renting and 84.3% of residents owning their home. A
local real estate agent serving Northrop can help you decide if this neighborhood is the right one for you. Learn more on our
Northrop neighborhood guide.
How much do you need to make to afford a house in Northrop?
The median home price in Northrop is $400,500. If you put a 20% down payment of $80,100 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $2,040 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $87K a year to afford the median home price in Northrop. The average household income in Northrop is $135K.
What are the best public schools in Northrop?
The best public schools that serve Northrop are:
What are the best private schools in Northrop?
The best private schools that serve Northrop are:
What are the most popular zip codes in Northrop, Minneapolis, MN?
What are the most popular neighborhoods near Northrop, Minneapolis, MN?
Home Trends in Northrop, MN
On average, homes in Northrop, Minneapolis sell after 21 days on the market compared to the national average of 52 days. The median sale price for homes in Northrop, Minneapolis over the last 12 months is $400,250, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$400,250
Median Single Family Sale Price
$400,250
Median Townhouse Sale Price
$775,000
Average Price Per Sq Ft
$252
Number of Homes for Sale
1
Last 12 months Home Sales
62
Median List Price
$400,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%