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Downtown West, Minneapolis

A Minneapolis neighborhood in the city's Central community, 476 acres.

  • Median sale price$245Kpast 12 months, −14.5%
  • Homes sold104past 12 months
  • Homeowners23%of occupied homes
  • Residents8,220Census estimate

The short version

Living in Downtown West

Over the 12 months through September 2026, the median sale price in Downtown West was $244,500, down 14.5% from the 12 months before, with 104 homes sold.

Minneapolis as a whole had a median sale price of $353,500 over the same 12 months.

About 8,220 people live in Downtown West, in roughly 5,110 households; 23% of homes are owned by the people living in them, compared with 48% citywide.

33% of its homes were built in 2000 or later.

Minneapolis community guide

Downtown WestCentral community · Census median home value $322K

Homes for sale

Homes for sale in Downtown West

See all 64 Downtown West homes for sale

Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.

Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 9:20 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.

Housing market · September 2026

Downtown West home prices and sales

Only 7 homes sold here in September 2026, so single months swing a lot. The 12-month figures are steadier.

Median sale price by month, Downtown West
0200k400k600k800kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 2026$295,000Oct 2024$295,000Nov 2024$267,500Dec 2024$441,250Jan 2025$275,000Feb 2025$501,000Mar 2025$410,000Apr 2025$251,500May 2025$235,975Jun 2025$238,000Jul 2025$275,000Aug 2025$251,000Sep 2025$228,000Oct 2025$215,000Nov 2025$450,000Dec 2025$255,250Jan 2026$262,800Feb 2026$281,875Mar 2026$328,000Apr 2026$435,500May 2026$218,500Jun 2026$280,000Jul 2026$162,450Aug 2026$200,000$168,000Sep 2026$168,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$295,000
Nov 2024$267,500
Dec 2024$441,250
Jan 2025$275,000
Feb 2025$501,000
Mar 2025$410,000
Apr 2025$251,500
May 2025$235,975
Jun 2025$238,000
Jul 2025$275,000
Aug 2025$251,000
Sep 2025$228,000
Oct 2025$215,000
Nov 2025$450,000
Dec 2025$255,250
Jan 2026$262,800
Feb 2026$281,875
Mar 2026$328,000
Apr 2026$435,500
May 2026$218,500
Jun 2026$280,000
Jul 2026$162,450
Aug 2026$200,000
Sep 2026$168,000
Homes sold by month, Downtown West
0102030Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 20265Oct 20245Nov 20248Dec 20246Jan 20253Feb 20253Mar 20259Apr 20255May 202512Jun 202514Jul 202515Aug 202510Sep 202515Oct 202511Nov 20255Dec 202512Jan 20263Feb 20264Mar 20265Apr 20266May 202610Jun 202618Jul 202612Aug 2026117Sep 20267
Show as a table
YearClosed sales
Oct 20245
Nov 20248
Dec 20246
Jan 20253
Feb 20253
Mar 20259
Apr 20255
May 202512
Jun 202514
Jul 202515
Aug 202510
Sep 202515
Oct 202511
Nov 20255
Dec 202512
Jan 20263
Feb 20264
Mar 20265
Apr 20266
May 202610
Jun 202618
Jul 202612
Aug 202611
Sep 20267
September 202612 months through September 2026Minneapolis
MeasureYear beforeThis yearChangeYear beforeThis yearChange12 months
Median sale price$228,000$168,000−26.3%$286,000$244,500−14.5%$353,500
Price per square foot$285$215−24.6%$332$292−12.1%$255
Closed sales157−53.3%105104−1.0%4,031
New listings1614−12.5%197214+8.6%5,963
Days on market12151−57.9%126119−5.6%54
% of original list price received93.9%93.5%−0.4%94.6%94.4%−0.2%98.7%
Homes for sale (end of month)5970+18.6%———1,136
Months of supply6.78+19.4%———3.4

Source: Minneapolis Area REALTORS® Local Market Update, Downtown West, September 2026. Data from NorthstarMLS; current as of October 7, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size. Minneapolis market report

Past months: August 2026 · July 2026 · June 2026 · May 2026 · April 2026 · March 2026 · February 2026 · January 2026 · December 2025 · November 2025 · October 2025

People and homes

Downtown West by the numbers

US Census Bureau estimates for the 9 block groups mostly inside Downtown West, compared with all of Minneapolis.

Downtown WestMinneapolis
Residents8,220427,246
Households5,110192,734
Homes owned by the people living in them23%48%
Median value of owner-occupied homes$322,000$362,200
Median household income$89,000$80,846
Adults 25+ with a bachelor's degree or higher60%56%
Single-family detached homes3%44%
Workers who drive alone27%52%
Workers who take transit7%7%
Workers who work from home30%26%
Types of homes
  1. Single-family detached3%
  2. Townhome, duplex, 3-4 units1%
  3. Apartments, 5-49 units8%
  4. Large buildings, 50+ units87%
Ages
  1. Under 186%
  2. 18 to 3445%
  3. 35 to 6439%
  4. 65 and older10%
Getting to work
  1. Walk33%
  2. Work from home30%
  3. Drive alone27%
  4. Transit7%
  5. Bike0%

Source: US Census Bureau, American Community Survey 2020–2024 5-year estimates for block groups (each block group counted in the neighborhood holding most of its area; medians estimated from ranges). Boundaries: City of Minneapolis neighborhoods (opendata.minneapolismn.gov); City of Saint Paul planning districts (information.stpaul.gov). Block-group estimates have wide margins of error, so treat them as approximate.

Quick answers

Downtown West questions

What is the median home price in Downtown West, Minneapolis?

$244,500 over the 12 months through September 2026 (down 14.5% from a year earlier), from the Minneapolis Area REALTORS® Local Market Update for Downtown West (NorthstarMLS data).

How fast do homes sell in Downtown West?

Homes that sold in the 12 months through September 2026 spent 119 days on market, and sellers received 94.4% of their original list price.

What kinds of homes are in Downtown West?

By Census estimates, 3% of homes are single-family detached, 1% are townhomes, duplexes or small buildings of 3-4 units, and 95% are in apartment buildings of 5 or more units. 23% are owner-occupied.

How do people in Downtown West get to work?

27% drive alone, 30% work from home, 7% take transit, 33% walk and 0% bike (Census estimates).

Buying or selling in Downtown West?

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