Why Live in Lauderdale
Lauderdale is a small, close-knit neighborhood known for its strong community spirit and active resident participation. Located less than 5 miles from Minneapolis, Lauderdale offers a quieter residential setting with easy access to the city's amenities. The neighborhood features a mix of home styles, including stucco Tudors, vinyl-sided bungalows from the 1920s, ranch-style, split-level homes, and newer Craftsman constructions. Brandychase at Rose Hill offers one- and two-bedroom condominiums. Lauderdale's housing market is diverse, with home prices ranging from mid-$100,000s for condos to over $1 million for larger estates, though the median home price is around $253,000. The area is served by highly rated schools, including Roseville Area High School and Brimhall Elementary School, both praised for their strong academics and supportive environments. Lauderdale Community Park and Skyview Park provide residents with sports facilities, playgrounds, and scenic views. The neighborhood is also close to Les Bolstad Golf Course and Midland Hills Country Club. While Lauderdale lacks major businesses and restaurants, it is just blocks from Minneapolis' Mid-City Industrial neighborhood, home to eateries like Falling Knife Brewing Company and Norseman Distillery. The neighborhood boasts low crime rates, significantly safer than the national average, and offers convenient access to healthcare at Ridgeview Medical Center. Public transportation options, including Metro Transit buses, ensure residents can easily reach nearby amenities and services.
Frequently Asked Questions
What is the average home price in Lauderdale, MN?
Homes for sale in Lauderdale, MN have an average home price of $369,497.
How many homes have sold over the last 12 months in Lauderdale, MN?
16 homes have sold in Lauderdale, MN over the last 12 months.
What are the most popular zip codes in Lauderdale, MN?
How much do you need to make to afford a house in Lauderdale?
The median home price in Lauderdale is $307,500. If you put a 20% down payment of $61,500 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,600 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $69K a year to afford the median home price in Lauderdale.
How are the schools in Lauderdale, MN?
Home Trends in Lauderdale, MN
On average, homes in Lauderdale, MN sell after 48 days on the market compared to the national average of 50 days. The median sale price for homes in Lauderdale, MN over the last 12 months is $272,500, up 20% from the median home sale price over the previous 12 months.
Median Sale Price
$272,500
Median Single Family Sale Price
$307,500
Average Price Per Sq Ft
$217
Number of Homes for Sale
2
Last 12 months Home Sales
16
Median List Price
$307,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
20%