The Downtown East Minneapolis housing market is somewhat competitive. The median sale price of a home in Downtown East Minneapolis was $713K last month, down 8.7% since last year. The median sale price per square foot in Downtown East Minneapolis is $464, up 13.2% since last year.
What is the housing market like in Downtown East Minneapolis today?
In August 2025, Downtown East Minneapolis home prices were down 8.7% compared to last year, selling for a median price of $713K. On average, homes in Downtown East Minneapolis sell after 33 days on the market compared to 45 days last year. There were 22 homes sold in August this year, down from 30 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$712,500
-8.7% YoY | Aug 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2025
Growth
% YoY
Downtown East Minneapolis, MN
$712,500
-8.7%
United States
To compare other locations to the Downtown East Minneapolis 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.
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How hot is the Downtown East Minneapolis housing market?
Downtown East Minneapolis is somewhat competitive. Homes sell in 41.5 days.
0
100
49
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 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 42 days.
Hot homes
can sell for around list price and go pending in around 24 days.
Learn about schools in the Downtown East Minneapolis area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Downtown East Minneapolis housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown East Minneapolis.
Flood Factor - Severe
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown East Minneapolis has a severe risk of flooding. 10 properties in Downtown East Minneapolis are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Downtown East Minneapolis. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Downtown East Minneapolis has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown East Minneapolis is most at risk from severe storms. 125 properties in Downtown East Minneapolis have some risk of being in a severe wind event within the next 30 years.
92% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Downtown East Minneapolis has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 92% of homes in Downtown East Minneapolis have a Minor Heat Factor®.
Downtown East Minneapolis is expected to see a 100% increase in the number of days over 99ºF over the next 30 years. Downtown East Minneapolis is expected to experience 7