The Loring Park housing market is somewhat competitive. The median sale price of a home in Loring Park was $191K last month, down 25.2% since last year. The median sale price per square foot in Loring Park is $161, down 5.8% since last year.
What is the housing market like in Loring Park today?
In October 2024, Loring Park home prices were down 25.2% compared to last year, selling for a median price of $191K. On average, homes in Loring Park sell after 64 days on the market compared to 100 days last year. There were 16 homes sold in October this year, down from 22 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$191,000
-25.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Loring Park, MN
$191,000
-25.2%
United States
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How hot is the Loring Park housing market?
Loring Park is somewhat competitive. Homes sell in 53.5 days.
0
100
47
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 54 days.
Hot homes
can sell for around list price and go pending in around 33 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Loring Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Loring Park.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Loring Park has a minor risk of flooding. 12 properties in Loring Park are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Loring Park. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Loring Park has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Loring Park is most at risk from severe storms. 293 properties in Loring Park have some risk of being in a severe wind event within the next 30 years.