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New Construction Homes for Sale in Bloomington, MN

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    $925,000 Lot/Land

    8545 Penn Ave S, Minneapolis, MN 55431

    • 0.99 Acre
    • $934,343 per Acre

    Shovel-ready development opportunity available. Plat and development plan approved for 15 townhome units by the city of Bloomington. -- Seller has removed existing structures and completed a rough grade of the lot. Sale includes 8525 + 8545 Penn Ave (PIDs: 04-027-24-33-0002 & 04-027-24-33-0001). Site comes with entitlement, all civil and architectural plans, survey and geotechnical report.

    Timothy Murphy RE/MAX Results

    8545 Penn Ave S, Minneapolis, MN 55431
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    $525,000 Lot/Land

    TBD 78th St, Edina, MN 55439

    • 0.54 Acre
    • $972,222 per Acre

    Great Edina Location! This beautiful single family lot offers the perfect opportunity to build your dream home in a highly desirable community. Located in an established, welcoming neighborhood, this homesite is convenient to all that Edina offers. Are you a hockey family? This is close to both Braemar and Minnesota Made. Do you need easy access to points north or west? Equally convenient to 169,

    Leslie Dahlen Realty Exchange

    TBD 78th St, Edina, MN 55439

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Bloomington, MN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Bloomington, MN hold their value?
Yes, especially in fast-growing areas of Bloomington, MN. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Bloomington, MN

Housing Trends

Median Sale Price
$355,000
Median Single Family Sale Price
$387,500
Median Townhouse Sale Price
$295,000
Median 2 Bedroom Sale Price
$177,750
Average Price Per Sq Ft
$203
Number of Homes for Sale
68
Last 12 months Home Sales
785
Months of Supply
1.00
Median List Price
$353,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%
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