The Downtown East housing market is not very competitive. The median sale price of a home in Downtown East was $900K last month, up 53.8% since last year. The median sale price per square foot in Downtown East is $611, up 56.7% since last year.
What is the housing market like in Downtown East today?
In January 2025, Downtown East home prices were up 53.8% compared to last year, selling for a median price of $900K. On average, homes in Downtown East sell after 113 days on the market compared to 111 days last year. There were 15 homes sold in January this year, up from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$900,000
+53.8% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Downtown East, MN
$900,000
+53.8%
United States
To compare other locations to the Downtown East 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 Downtown East
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 Downtown East housing market?
Downtown East is not very competitive. Homes sell in 91 days.
0
100
22
Not 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 6 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 91 days.
Hot homes
can sell for around list price and go pending in around 36 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 Downtown East housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown East.
Flood Factor - Severe
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown East has a severe risk of flooding. 16 properties in Downtown East are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Downtown East. 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 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown East is most at risk from severe storms. 125 properties in Downtown East have some risk of being in a severe wind event within the next 30 years.