The Near-North housing market is very competitive. The median sale price of a home in Near-North was $250K last month, down 13.8% since last year. The median sale price per square foot in Near-North is $94, down 20.3% since last year.
What is the housing market like in Near-North today?
In February 2025, Near-North home prices were down 13.8% compared to last year, selling for a median price of $250K. On average, homes in Near-North sell after 22 days on the market compared to 103 days last year. There were 11 homes sold in February this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$250,000
-13.8% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Near-North, MN
$250,000
-13.8%
United States
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How hot is the Near-North housing market?
Near-North is very competitive. Homes sell in 23.5 days.
0
100
82
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 24 days.
Hot homes
can sell for about 5% above list price and go pending in around 15 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Near-North housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Near-North.
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Near-North has a moderate risk of flooding. 366 properties in Near-North are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Near-North. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Near-North has a minor risk of wildfire. There are 1 properties in Near-North that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Near-North.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Near-North has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Near-North is most at risk from severe storms. 8,700 properties in Near-North have some risk of being in a severe wind event within the next 30 years.