During Nov 2022, the average price for an apartment in/near Loring Park, Minneapolis, MN increased by 10.9% to $307,625.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 6.1% to $210,423. Asking price for 2-bed apartment also increased by 10.5% and a place of this size will now cost you $300,344. A 3-bed apartment goes for $521,428, it increased by 36.8% lately.
According to statistics, average house is still $225,000 with no significant changes this month. Condos are really in demand in this season. The median price for a condo increased by 14.4%, it’s now available for $315,829. The price statistics of lofts have not significantly changed, it now still goes for $300,000.