$500,187Average Value$355Average Price per Sq Ft51Homes For Sale
The Soho of northern Minneapolis
Situated along the bend of the Mississippi River, North Loop offers a vibrant family-friendly community with a history rooted in Industry. Often referred to as part of the Warehouse District, until 1930, the area was primarily a manufacturing and distribution center famous for supplying Model T’s. In the 1980s, abandoned warehouses began redevelopment as the city’s art and theater scene started moving into affordable commercial spaces. “In 1995, there were about 650 residents here, today there are more than 10,000,” says Diane Merrifield, President of the North Loop Neighborhood Association. Known for attracting young families and professionals, North Loop combines a walkable urban lifestyle, with a local small-town feel maintained through the Minneapolis Farmers Market and Minnesota Twins games at nearby Target Field. North Loop is highly sought after for its nightlife and urban accessibility, giving Minneapolis its own version of Soho in southeast Minnesota.
Nolo's in the North Loop offers American comfort food served in sleek digs.
Washington Ave in North Loop is a bustling strip of restaurants and sight seers.
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Shopping in Downtown Minneapolis
North Loop is teeming with big-box grocers and buzzy dining destinations. As one of the central commercial districts, North Loop residents can grab groceries and everyday essentials at various stores downtown, such as Whole Foods Market, Fifth Avenue Market, Target and Lunds & Byerlys. When dining in the area, locals can head to Butcher & The Boar for smoked meats, craft beers in their beer garden and a daily happy hour from 4:00 p.m. to 6:00 p.m. For a wide selection of wine and authentic Italian cuisine, check out the menu at Bar La Grassa, curated by James Beard Award-winning Chefs, Isaac Becker and Nancy St. Pierre. Or visit NOLO's Kitchen & Bar for a community-oriented atmosphere and classic American meals on their rooftop.
The Deli at Lunds & Byerlys in downtown Minneapolis is a favorite of North Loop residents.
Residents can enjoy local shopping at the intersection of North 3rd Avenue and North 2nd Street
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Multi-family condos and riverfront townhouses
The real estate market in North Loop is highly competitive, with homes averaging almost $100,000 more than similar properties in other areas within the Minneapolis Metro Area. “The market is hot and now is the time to buy in North Loop — the area is still growing and I expect prices will continue to rise within the next 2-3 years,” says long-time local Ana Vogler, Realtor with Coldwell Banker Realty. While there isn’t a diversity of housing, with no single-family options buyers will have to look to the healthy inventory of condos and townhouses. With a median sales price of $400,000, homes here range from condos beginning around $200,000s to upwards of $1 Million and townhouses from the high $500,000s to upwards of $1.5 Million along the Mississippi River. Homes along the Mississippi River are subject to increased price points here. While homeownership dominates within the area, the increased popularity has brought apartments and renters over the last decade. “Every place that used to be a flat parking lot has been filled in with apartment buildings, and there are more in development,” says Realtor Richard Newman with DRG Minneapolis Urban Homes.
There are many styles of townhomes near the river in the North Loop.
The Historic Creamette Lofts is one of many housing options in the North Loop.
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Cheer on the Minnesota Twins at Target Field
When seeking time outdoors, some North Loop residents are within walking distance of North Loop Playground, which offers scenic views of the Mississippi River and 5.8 miles of paved paths on the Mississippi Walking Trail. “Many buyers are attracted to the downtown area but forget that the Mississippi River is only 2 blocks away, offering miles of walking along the river,” says Vogler, who lived in the area for three years. Sports fans are in luck with Target Field within the community, featuring more than 39,000 seats for locals to cheer on the Minnesota Twins in the stands. And with Target Center nearby live concerts and basketball games are never far away. From singing along with a favorite artist to cheering on the Minnesota Timberwolves (NBA) or the Minnesota Lynx (WNBA), Target Center is equipped with 20,000 seats to accommodate music and sports lovers.
Target Field lights up the North Loop on Twins home game nights.
North Loop is a place for fans to celebrate their local sports icons.
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The largest Farmer's Market in Minnesota
Established in 1876, the Minneapolis Farmers Market is one of the longest-running outdoor markets in the Midwest. Located at 312 East Lyndale Avenue North, the market offers a wide range of vendors with locally grown produce, dairy, plants and homemade items. “It’s a year-round operation, and in the winter, they sell Christmas trees,” Merrifield says. Locals can visit the market in April and March on specified Saturdays, and it operates during the winter months on select dates throughout the season.
The Minneapolis Farmers Market is the largest farmers market in MN and was est. in 1873.
Locals are out shopping for fresh produce on Saturday mornings at the Farmers Market.
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Education at Minneapolis Public Schools
Students in North Loop can attend schools, like Webster Elementary, Northeast Middle and Thomas Edison High School, which have all received ratings of C-plus from the educational review site, Niche. Webster Elementary School offers an extensive Special Education program focused on the individualized needs of students from pre-kindergarten through age 21 or the completion of a secondary education. Northeast Middle School offers an Advancement Via Individual Determination (AVID) program that ensures higher education preparation and college readiness. Thomas Edison High School offers an internationally recognized IB Diploma Program for Grades 11 and 12 and an advanced curriculum with 5 AP courses to choose from. Private options like Ascension Elementary School and City of Lakes Waldorf School are also common.
Welcome to Webster Elementary serving students in grades K-5.
Northeast Middle School prepares each student for future college and careers.
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Commute on the Metro at Target Field Station
Residents in North Loop rely on North 7th Street for easy access to U.S. Interstate-394 and I-94 when traveling to neighboring areas like Harrison and Downtown West. Those interested in public transportation can hop on the Metro Transit bus, which operates along North 7th Street. Or grab a seat on the Metro at Target Field Station, which services the Green, Blue and Northstar Lines. Those interested in traveling further outside the community are only 13 miles from the Minneapolis-St Paul International Airport. For healthcare, the Hennepin County Medical Center is 3 miles from the community.
The light rail transit system runs near Target Field in North Loop.
A cyclist making their way along the parkway in the North Loop neighborhood.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Matthew Austinson,
an experienced agent in this neighborhood.
Parks in this Area
North Loop Playground
Boom Island Park
Boating
Trails
Playground
Loring Park
Basketball
Bike Trails
Dog Park
First Bridge Park
Bike Trails
Trails
James I. Rice Park
Playground
Hall Park
Basketball
Bike Trails
Grills
Transit
Airport
Minneapolis-St Paul International/Wold-Chamberlain
24 min drive
Train
Target Field Station
Subway
Target Field Station
Bus
Olson & 7th St Station
Bus
2nd St N & 3rd Ave - Layover
Bus
Olson Memorial HWY & Lyndale Ave (E)
Bus
Hennepin Ave & Washington Ave N
Bus
8th Ave N & 2nd St N
Bus
Chestnut Ave & 15th St & 12th St - Layover
Bus
7th St & 5th Ave Station
Crime and Safety
1 - Low Crime, 10 - High Crime
North Loop
US
Homicide
5
4
Sexual Assault
6
4
Assault with Weapon
5
4
Robbery
7
4
Burglary
8
4
Motor Vehicle Theft
8
4
Larceny
7
4
Crime Score
7
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in North Loop, Minneapolis sell after 55 days on the market compared to the national average of 47 days. The average sale price for homes in North Loop, Minneapolis over the last 12 months is $494,018, up 3% from the average home sale price over the previous 12 months.
Renovated in 2021 with 2 new baths and new kitchen and completely painted too! Beautiful spa primary bath with double shower heads and shower wand, new sinks, granite, mirrors, and all new fixtures plus built-ins! Over $16,000 in closet organizers in the Primary bedroom too! This loft features Big open great room loft with hardwood floors, 2 patio doors to deck one in living room and one in
Welcome to your dream space at Soho Lofts—where industrial-chic vibes meet North Loop energy. This spacious stunner has been completely reimagined with eye-catching style, from a custom live-edge dining table and floating shelves to a thoughtfully designed office nook that makes work-from-home feel anything but routine. The moment you step inside, you’ll be greeted by open and inviting spaces,
Welcome to 401 N 2nd Street #401 – a rare corner unit in one of the North Loop’s most desirable addresses. This expansive, light-filled residence boasts panoramic views of the Minneapolis skyline through walls of oversized windows, offering an inspiring backdrop from sunrise to sunset. Thoughtfully designed with modern elegance and industrial charm, this condo features soaring ceilings, exposed
Rare, spacious and sunny top floor 1BR now available nestled in amazing North Loop location. Live steps from the riverfront and landmarks of the city’s most vibrant neighborhood surrounded by the signature cherry blossoms of River Station. You’ll love having 850 square feet, plank flooring throughout, stainless steel appliances, in-unit washer/dryer, window treatments installed, plenty of closet
FULLY FURNISHED magazine-worthy penthouse now available at 5th Ave Lofts! You'll revel in the high-end, spacious atmosphere, while enjoying uninterrupted skyline views of downtown Minneapolis. This 2400+ sq ft open concept design is perfect for entertaining family and friends, then they can stay the night in the 2nd bedroom ensuite! Notable features include hardwood floors, commercial-grade
2BR with 1 indoor heated parking nestled in the heart of the North Loop now available at River Station. You'll love the hardwood floors, sunny southwest exposure, balcony, and large primary bedroom. River Station features onsite management with beautiful courtyards and cherry blossom trees. Live between the riverfront and Washington Avenue's restaurants, retail and nightlife. Included with rent:
Interested in learning more about homes in this area?
Reach out to
Matthew Austinson,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
8,578
Median Age
36
Population Density
17 ppl/acre
Population under 18
15.6%
Below the national average
23.8%
Population over 65
7.6%
Below the national average
19.1%
Finances
Median Household Income
$120,651
Significantly above the national average
$71,702
Average Household Income
$139,946
Education and Workforce
High School Graduates
96.6%
College Graduates
72.7%
Significantly above the national average
34.1%
Advanced Degrees
38%
Above the national average
13.3%
% Population in Labor Force
84.6%
Weather
Annual Precipitation
31''
Average Winter Low Temperature
7°F
Average Summer High Temperature
83°F
Annual Snowfall
50''
Area Factors
Biker's Paradise
Bike Score®
94/ 100
Walker's Paradise
Walk Score®
90/ 100
Excellent Transit
Transit Score®
83/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
