A Central Minneapolis real estate agent who specializes in North Loop real estate is essential if you are considering buying or selling a North Loop house, North Loop condo or North Loop townhouse. Agents Ranking has identified the best North Loop Minneapolis REALTORS® to assist with your North Loop housing needs.
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The North Loop neighborhood is located a few blocks northwest of the downtown Minneapolis central business district and is home to unique housing options, award-winning arts, entertainment, fine dining, and specialty shops. This vibrant neighborhood is bound Interstate 94 to the west, Plymouth Avenue to the north, West River Road to the east and Hennepin, Third and Glenwood Avenues to the south.
The North Loop Neighborhood is once again a vibrant community, offering unique housing options, award-winning arts, entertainment, fine dining, and specialty shops, many within the original warehouses of the North Loop's historic heyday
Over the last 15 years, the neighborhood has gentrified rapidly with thousands of people moving into the North Loop. While some industrial tenants remain, particularly in the area southwest of 4th Street, many of the old factories and warehouses have been converted to commercial space or loft condominiums and apartments. There are several newer mid-rise condominium buildings and many of these buildings have attempted to replicate the style of the old warehouses in order to retain the feel of the neighborhood’s industrial past.
The neighborhood is particularly popular with people who work in downtown Minneapolis. The neighborhood’s close proximity to the nearby office building s in the downtown Minneapolis business district allows residents to walk, bike, or take a short bus ride to work.
The neighborhood features several small coffee shops, restaurants, bars, art galleries, and small retail stores. Babalu, Bev’s Wine Bar, JD Hoyt’s, Monte Carlo and Origami are just a few of the many restaurants that make their home in this neighborhood.
The neighborhood has gotten a boost from the recently completed Target Field, home of the Minnesota Twins. Completed in 2010, Target Field is located in the southwestern portion of the neighborhood and is also connected to the Minneapolis Light Rail Transit system, which takes passengers south to the Mall of America and the Minneapolis-St Paul International Airport. Long term plans call for the construction of several thousand new multi-family residents near the stadium.
The West River Parkway, which follows the Mississippi River on the eastern edge of the neighborhood, is a scenic drive and also features miles of walking and bike paths, with several tennis courts located along the way. This winding and scenic parkway, which begins in Minnehaha Park in the south Minneapolis, is part of the Grand Rounds National Scenic Byway that directly links the North Loop neighborhood to miles of paths, trails and parks throughout the city of Minneapolis. Additionally, The Cedar Lake Trail, known as America's first bike freeway starts in the neighborhood and features miles of bike and pedestrian lanes that are very popular among North Loop Residents
The neighborhood contains mostly renters living in multi-family buildings, with owner occupied housing making up just 30% percent of all households in Downtown West. Average median household income is $50,602 per household as compared to an overall household income for Minneapolis of $37,974.
Property values of North Loop condos, North Loop townhomes, North Loop single family homes and North Loop investment real estate fluctuate and there are many variables that can effect the sale price of real estate in this Central neighborhood. A Minneapolis REALTOR® who is a specialist in North Loop home sales, is the best resource for determining the value of a home you're thinking about buying or selling in the neighborhood. The charts below provide historical homes sales data for North Loop real estate. To speak with a REALTOR® about homes in any of the Central Minneapolis neigbhorhoods, click here.
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Average Home Price in the North-Loop Neighborhood of Central Minneapolis |
Homes Sold in the North Loop Neighborhood of Central Minneapolis, Minnesota |
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Touring Minneapolis' North Loop neighborhood is easy; use the map below to tour the neighborhood. You can change your location by dragging the yellow icon on the lower map to a new area. Of course, a virtual tour isn't a substitute for a personal tour with a North Loop real estate agent. To speak with a North Loop REALTOR® regarding your housing needs, click here. There is no obligiation or fee.
If you're looking for a new home in Minneapolis' North Loop neighborhood, you might also want to consider one of the neighboring communities listed below. Minneapolis' Central neighborhood consists of Downtown East, Downtown West, Elliot Park, Loring Park, North Loop and Stevens Square.
Central Real Estate
Downtown East Real Estate Downtown West Real Estate Elliot Park Real Estate Loring Park Real Estate North Loop Real Estate Stevens Square Real Estate
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