The South Loop housing market is somewhat competitive. The median sale price of a home in South Loop was $300K last month, down 17.8% since last year. The median sale price per square foot in South Loop is $354, up 149.3% since last year.
What is the housing market like in South Loop today?
In March 2024, South Loop home prices were down 17.8% compared to last year, selling for a median price of $300K. On average, homes in South Loop sell after 113 days on the market compared to 51 days last year. There were 5 homes sold in March this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$300,000
-17.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South Loop, MN
$300,000
-17.8%
United States
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How hot is the South Loop housing market?
South Loop is somewhat competitive. Homes sell in 29 days.
0
100
59
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 12 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 29 days.
Hot homes
can sell for about 1% above list price and go pending in around 19 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 South Loop housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Loop.
Risk Factor
Flood Factor - Major
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Loop has a major risk of flooding. 56 properties in South Loop are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in South Loop. Flood risk is increasing slower than the national average.
87% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Loop has a moderate risk of wildfire. There are 371 properties in South Loop that have some risk of being affected by wildfire over the next 30 years. This represents 87% of all properties in South Loop.