The Downtown West housing market is not very competitive. The median sale price of a home in Downtown West was $260K last month, up 30.0% since last year. The median sale price per square foot in Downtown West is $209, down 8.3% since last year.
What is the housing market like in Downtown West today?
In March 2024, Downtown West home prices were up 30.0% compared to last year, selling for a median price of $260K. On average, homes in Downtown West sell after 99 days on the market compared to 113 days last year. There were 25 homes sold in March this year, down from 31 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$260,000
+30.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown West, MN
$260,000
+30.0%
United States
To compare other locations to the Downtown West 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.
How hot is the Downtown West housing market?
Downtown West is not very competitive. Homes sell in 99 days.
0
100
9
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 3 months
Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 99 days.
Hot homes
can sell for about 1% below list price and go pending in around 41 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
2/10
Emerson Elementary School
Public • PreK-5 • Choice school
489
Students
3 reviews
NR
Fair Elementary
Public • K-3
23
Students
N/A
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 West housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown West.
Risk Factor
Flood Factor - Minor
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown West has a minor risk of flooding. 14 properties in Downtown West are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Downtown West. Flood risk is increasing faster than the national average.
Downtown West has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown West has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.