The Near North housing market is somewhat competitive. The median sale price of a home in Near North was $242K last month, down 0.41% since last year. The median sale price per square foot in Near North is $151, up 11.0% since last year.
What is the housing market like in Near North today?
In April 2025, Near North home prices were down 0.41% compared to last year, selling for a median price of $242K. On average, homes in Near North sell after 40 days on the market compared to 48 days last year. There were 75 homes sold in April this year, down from 104 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$242,000
-0.41% YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
Near North, MN
$242,000
-0.41%
United States
To compare other locations to the Near North and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Minneapolis add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Near North
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Near North housing market?
Near North is somewhat competitive. Homes sell in 30 days.
0
100
67
Somewhat 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 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 30 days.
Hot homes
can sell for about 2% above list price and go pending in around 11 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 - Major
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Near North has a major risk of flooding. 362 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.