$97,900
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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.
Home Trends in Northrop, MN
On average, homes in Northrop, Minneapolis sell after 22 days on the market compared to the national average of 51 days. The median sale price for homes in Northrop, Minneapolis over the last 12 months is $405,000, up 1% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$405,000
Median Single Family Sale Price
$402,750
Median Townhouse Sale Price
$775,000
Average Price Per Sq Ft
$249
Number of Homes for Sale
4
Last 12 months Home Sales
59
Months of Supply
0.80
Median List Price
$405,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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