What You Can Get for $200k in Minneapolis Edina and St Louis Park

April 4, 2011

Search Homes in Minneapolis under $200k

Search Foreclosures in Minneapolis under $200k

Search Homes in St Louis Park under $200k

Search Foreclosures in St Louis park under $200k

Search Homes in Edina under $200k

Search Foreclosures in Edina under $200k


The median value for a home in the U.S. shows to be somewhere around $186,500, according to the Zillow Home Value Index. That is the middle point of home values and tells us that exactly half of the home values in the U.S. are worth more than this and half are worth less. While in some areas home values are significantly higher like New York, Massachusetts, California, other areas like Oklahoma, Cleveland or Tulsa you will find homes values and homes for sale are far less. Each location is different and home values depend on economic factors such as availability of jobs, city infrastructure, and price of living; all of these issues can impact an area’s median home value.

With that in mind, we took a look at homes in three cities in Minnesota for the price point of $200,000 to see what you can buy at this midpoint price.

Minneapolis homes for sale:

Minneapolis and its surrounding areas have plenty to offer in the price range of 200K and under.  The most expensive real estate in Minneapolis is around the Lake Calhoun area, Specifically known as Linden Hills and the surrounding beaches. However, if you look in some of the south east areas of Minneapolis between highway 35 and highway 55 you will find that most homes fall into this two hundred thousand and under price range and are still in a great location.  This location we are talking about would be known as the Nokomis Area and is the location of many Minneapolis homes under 200k.

When we take a look at Minneapolis Homes for sale under $200,000 we find a total of 1,658 homes in the Minneapolis MLS.  Below you will find one of these homes that we have selected to represent this city:

Price: $194,500

4128 Oakland Ave Minneapolis MN 55407

MLS# 4011619

Completely remodeled home with new roof, hardwood & vinyl Siding, and windows. New Kitchen w/ SS appl. Beautiful Hardwood floors, Brick fireplace, finished Lower Level Family Room.

4128 Oakland Avenue Minneapolis - Nokomis

4128 Oakland Avenue Minneapolis - Nokomis Kitchen

4128 Oakland Avenue Minneapolis - Nokomis living room

Edina homes for sale:

When we take a look at Edina homes for sale under $200,000 we find a total of 114 homes available on the MLS as compared to our 1,658 homes we found in the Minneapolis area.  Below you will find an Edina home that we have selected to represent this city:

Price: $200,000
4800 Westbrook Lane Edina, MN 55436
MLS# 3964819
4800 Westbrook Lane Edina House for sale
4800 Westbrook Lane Edina House for sale kitchen
4800 Westbrook Lane Edina House for sale living room

St Louis Park homes for sale:

When we take a look at Edina homes for sale under $200,000 we find a total of 179 homes available on the MLS as compared to our 1,658 homes we found in the Minneapolis area.  Below you will find a St Louis Park home that we have selected to represent this city:

Price: $199,900
2717 Hampshire Avenue S St. Louis Park, MN 55426
MLS# 4028471
2717 Hampshire Ave S St Louis Park home for sale
2717 Hampshire Ave S St Louis Park home for sale Kitchen picture
2717 Hampshire Ave S St Louis Park home for sale living room picture