The North Loop housing market is somewhat competitive. The median sale price of a home in North Loop was $270K last month, down 23.5% since last year. The median sale price per square foot in North Loop is $314, down 11.7% since last year.
What is the housing market like in North Loop today?
In October 2024, North Loop home prices were down 23.5% compared to last year, selling for a median price of $270K. On average, homes in North Loop sell after 66 days on the market compared to 42 days last year. There were 6 homes sold in October this year, down from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$269,950
-23.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
North Loop, MN
$269,950
-23.5%
United States
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How hot is the North Loop housing market?
North Loop is somewhat competitive. Homes sell in 42 days.
0
100
45
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 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 42 days.
Hot homes
can sell for around list price and go pending in around 22 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.
Flood Factor - Minor
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Loop has a minor risk of flooding. 20 properties in North Loop are likely to be
severely affected
by flooding over the next 30 years. This represents 26% of all properties in North Loop. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
North Loop has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. North Loop is most at risk from severe storms. 199 properties in North Loop have some risk of being in a severe wind event within the next 30 years.