The North Loop housing market is somewhat competitive. The median sale price of a home in North Loop was $290K last month, down 18.5% since last year. The median sale price per square foot in North Loop is $332, up 0.9% since last year.
What is the housing market like in North Loop today?
In March 2024, North Loop home prices were down 18.5% compared to last year, selling for a median price of $290K. On average, homes in North Loop sell after 132 days on the market compared to 140 days last year. There were 8 homes sold in March this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$290,000
-18.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
North Loop, MN
$290,000
-18.5%
United States
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How hot is the North Loop housing market?
North Loop is somewhat competitive. Homes sell in 75 days.
0
100
35
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 12 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 75 days.
Hot homes
can sell for about 1% below list price and go pending in around 19 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 North Loop housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in North Loop.
Risk Factor
Flood Factor - Moderate
31% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Loop has a moderate risk of flooding. 30 properties in North Loop are likely to be
severely affected
by flooding over the next 30 years. This represents 31% of all properties in North Loop. Flood risk is increasing slower than the national average.