Why Live in Powderhorn Park
Powderhorn Park in Minneapolis is a vibrant neighborhood known for its strong community spirit and artistic vibe. The neighborhood hosts several popular events, including the Art Sled Rally, May Day Festival, and Powderhorn Arts Festival, which draw residents together throughout the year. Powderhorn Park itself is a central feature, offering greenspace, a lake with a walking trail, fishing pier, wading pool, and playgrounds. The area is highly walkable and bikeable, with convenient access to downtown and public transportation. Homes in Powderhorn Park are generally larger single-family residences, built in the early 1900s, featuring American Foursquare and late-era Victorian styles. The real estate market is competitive, with home prices slightly below the city average. Bancroft Elementary, a highly rated school, serves the neighborhood, along with other public and private educational institutions. For dining, residents enjoy local favorites like Matt’s Bar and Grill, known for its Jucy Lucy burgers, and the vegan-friendly Reverie Cafe + Bar. The neighborhood also boasts diverse shopping options, including the Midtown Global Market and Mercado Central. Healthcare needs are met by nearby Abbott Northwestern Hospital and Hennepin Healthcare, among other clinics. Public transportation is robust, with multiple bus routes providing a 30-minute commute to downtown Minneapolis. Crime rates in Powderhorn Park are comparable to the national average, contributing to the neighborhood's appeal.
Frequently Asked Questions
Is Powderhorn Park a good place to live?
Powderhorn Park is a good place to live, receiving 3.9 stars from its residents. Powderhorn Park is considered somewhat walkable and very bikeable with good transit options. Powderhorn Park is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Powderhorn Park has 5 parks for recreational activities. It is very dense in population with 17.1 people per acre and a median age of 36. The average household income is $80,759 which is below the national average. College graduates make up 45.3% of residents. A majority of residents in Powderhorn Park are renters, with 56.7% of residents renting and 43.3% of residents owning their home. A
local real estate agent serving Powderhorn Park can help you decide if this neighborhood is the right one for you. Learn more on our
Powderhorn Park neighborhood guide.
Is Powderhorn Park, MN a safe neighborhood?
Powderhorn Park, MN is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Powderhorn Park?
The median home price in Powderhorn Park is $434,930. If you put a 20% down payment of $87,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,250 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $96K a year to afford the median home price in Powderhorn Park. The average household income in Powderhorn Park is $81K.
What are the best public schools in Powderhorn Park?
The best public schools that serve Powderhorn Park are:
What are the best private schools in Powderhorn Park?
The best private schools that serve Powderhorn Park are:
What are the most popular zip codes in Powderhorn Park, Minneapolis, MN?
What are the most popular neighborhoods near Powderhorn Park, Minneapolis, MN?
Home Trends in Powderhorn Park, MN
On average, homes in Powderhorn Park, Minneapolis sell after 62 days on the market compared to the national average of 70 days. The median sale price for homes in Powderhorn Park, Minneapolis over the last 12 months is $375,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$375,000
Median Single Family Sale Price
$388,980
Median Townhouse Sale Price
$439,989
Median 2 Bedroom Sale Price
$95,000
Average Price Per Sq Ft
$212
Number of Homes for Sale
18
Last 12 months Home Sales
180
Median List Price
$434,930
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
4%