Why Live in Phillips West
Phillips West in Minneapolis is a developing urban neighborhood located along U.S. Interstate 35 West, featuring a variety of housing options from apartment complexes and condos to four-plexes, duplexes, and single-family homes. The area showcases diverse architectural styles, including Victorian-era builds, Prairie-style homes, and Queen Annes. Cultural landmarks like the American Swedish Institute and the Midtown Global Market highlight the neighborhood's rich history and cultural diversity. Outdoor amenities include Peavey Field Park, Stewart Park, and the Midtown Greenway, which offers 5.7 miles of paved paths connecting western Minneapolis to downtown. Powderhorn Park, just 1 mile away, provides scenic lake views and seasonal ice-skating. The neighborhood hosts annual events like the Spring Celebration and Winter Social, fostering a strong community spirit. Dining options include Lu’s Sandwiches for Vietnamese cuisine, Taqueria la Hacienda for Mexican fare, and Christos Greek Restaurant for Mediterranean dishes. Shopping is convenient with local retailers on East Lake Street and big-box stores at Minnehaha Center, 2 miles east. Families are served by the Minneapolis Public School District, with South Senior High School offering a well-regarded education. Public transportation is accessible via the Metro Transit bus at the I-35W & Lake Street Station, and the Minneapolis–Saint Paul International Airport is 10 miles away. Phillips West remains an attractive option for young professionals and investors seeking affordable housing near downtown Minneapolis.
Home Trends in Phillips West, MN
On average, homes in Phillips West, Minneapolis sell after 34 days on the market compared to the national average of 70 days. The median sale price for homes in Phillips West, Minneapolis over the last 12 months is $422,000.
Median Sale Price
$422,000
Median Single Family Sale Price
$537,500
Median Townhouse Sale Price
$759,000
Average Price Per Sq Ft
$311
Number of Homes for Sale
4
Last 12 months Home Sales
36
Median List Price
$649,000
Median Change From 1st List Price
5%