Why Live in Sumner-Glenwood
Sumner-Glenwood in Minneapolis is a neighborhood known for its entry-level real estate market and views of downtown. Predominantly comprised of renters, the area is seeing growth with new developments, including multi-family condos and townhouses, mostly built in the early 2000s. Heritage Park offers townhouses with small lawns and single-car garages, while newer condo developments like The Lofts at International Market Square are also available. Bethune Park, the largest green space, features trails, a basketball court, and a wading pool. The Phyllis Wheatley Community Center provides diverse programming, and Sumner Field Park offers scenic walking paths. Nearby, the Parade Ice Garden and Target Field provide recreational activities and sports events. Essential shopping is accessible at Lunds & Byerlys, Target, and Whole Foods Market. Dining options include Misfit Coffee, Green Garden Bakery, and Butcher & The Boar. The Minneapolis Farmers Market in North Loop is a popular seasonal destination. U.S. Highway 55 and Metro Transit buses facilitate commuting, with the Minneapolis-St Paul International Airport 12 miles away. Families are zoned for Minneapolis Public Schools, with options like Bryn Mawr Elementary and North Community High School, which have average ratings.
Frequently Asked Questions
Is Sumner-Glenwood a good place to live?
Sumner-Glenwood is a good place to live. Sumner-Glenwood is considered somewhat walkable and a biker's paradise with good transit options. Sumner-Glenwood has 7 parks for recreational activities. It is fairly dense in population with 13.8 people per acre and a median age of 30. The average household income is $56,889 which is below the national average. College graduates make up 29.1% of residents. A majority of residents in Sumner-Glenwood are renters, with 81.6% of residents renting and 18.4% of residents owning their home. A
local real estate agent serving Sumner-Glenwood can help you decide if this neighborhood is the right one for you. Learn more on our
Sumner-Glenwood neighborhood guide.
How much do you need to make to afford a house in Sumner-Glenwood?
The median home price in Sumner-Glenwood is $340,000. If you put a 20% down payment of $68,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,730 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $74K a year to afford the median home price in Sumner-Glenwood. The average household income in Sumner-Glenwood is $57K.
What are the best public schools in Sumner-Glenwood?
The best public schools that serve Sumner-Glenwood are:
What are the best private schools in Sumner-Glenwood?
The best private schools that serve Sumner-Glenwood are:
What are the most popular zip codes in Sumner-Glenwood, Minneapolis, MN?
What are the most popular neighborhoods near Sumner-Glenwood, Minneapolis, MN?
Are home prices dropping in Sumner-Glenwood?
Yes, home prices in Sumner-Glenwood are down 21% in the last 12 months.
Home Trends in Sumner-Glenwood, MN
On average, homes in Sumner-Glenwood, Minneapolis sell after 53 days on the market compared to the national average of 52 days. The median sale price for homes in Sumner-Glenwood, Minneapolis over the last 12 months is $355,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$355,000
Median Single Family Sale Price
$327,450
Median Townhouse Sale Price
$355,000
Average Price Per Sq Ft
$256
Number of Homes for Sale
4
Last 12 months Home Sales
9
Median List Price
$340,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%