Downtown, MN Housing Market

$352,235

1.8% 1-yr

The average Downtown, MN home value is $352,235, up 1.8% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Downtown Key Takeaways

Typical Home Values: $352,235

1-year Value Change: +1.8%

(Data through December 31, 2025)

Downtown Housing Market Overview

--1-year Market Forecast

10For sale inventory(December 31, 2025)

--New listings(December 31, 2025)

--Median sale to list ratio

--Median sale price(November 30, 2025)

--Median list price(December 31, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Redwood$347,311
Alimagnet$420,902
Johnny Cake$368,733
Old Town$345,581
Galaxie Commons$272,664
Scott Highlands$404,203
Zoo$463,677
Industrial District$518,631
Cedar Knolls$554,602

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Downtown Rental Market Trends

--Average rent in Downtown

$1,901National average rent(December 31, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.