Popular Housing Markets in the Twin Cities
In recent years, Minneapolis and Saint Paul have witnessed tremendous growth in population, economy, and the real estate sector. Hence, the Twin Cities have a lot of real estate attractions. With houses selling so fast and more people moving into the area, the local housing market continues to boom.
A January report by the Star Tribune shows that due to the rising quest for expansion and lower prices in housing accommodation, homebuyers are exploring all the available housing market options near Minneapolis and Saint Paul.
Below, we at Bills Buy Houses have curated some of the hottest housing markets in the Twin cities.
Located in Hennepin County with a population of about 7,989 people, Minnetrista is one of Minnesota's greatest places to live. Inhabitants enjoy a rural lifestyle, and most residents own their houses.
It’s a great place for anyone interested in agricultural activity, or if you want to own horses. It’s only 23 miles west of Minneapolis if you ever want to get back into the city. If you enjoy living near the water, there are plenty of lakes in the area, too.
There are several parks in this city, as well as good public schools and a small town atmosphere with many families and conservative citizens. The median home value is about $509,200.
Cambridge is a town with a population of 8,774 in Isanti County along the Rum River. Living in Cambridge provides inhabitants with a good suburban atmosphere and most people living here own their houses.
Cambridge is home to many families and seniors, and people are generally conservative. It’s a great town that focuses on community, usually having several parades, craft sales, fairs, and farmer’s markets. Cambridge is a blend of historical buildings and newer constructions, and has a good amount of commercial real estate as well. The median home value in this town is around $280,000.
3. St. Francis
Here is another town in the Twin Cities metro area with a modest population of about 8,142. It is located about 16 miles north of the city of Anoka, and just north of the Twin Cities and is located along the Rum River. St. Francis is in Anoka County, a place filled with residential homeowners.
St. Francis boasts of standard public schools and a low rating in crime. This is another city with a blend of rural living and city living. It also hosts a variety of recreational opportunities, particularly canoeing and fishing. The city also has a median home value of $293,000.
Another hot area where the housing market is booming is the town of Isanti. Isanti is located in Isanti County, and is about 39 miles north of the Twin Cities. In Isanti, the average price per square foot is around 35% compared to the previous five-year average.
Isanti has many things to do, including a Downtown Isanti Street Dance, which is a greatly anticipated spring celebration. There are many parks and opportunities to go kayaking at Martin’s Landing. Isanti is also close to Marget Lake State Wildlife Management Area, which is a great park with fishing and the chance to see wildlife.
In recent years, houses in Isanti have been selling on an average of 16 days from the time of listing. With a population of 6,804 and some good public schools, the local housing market is rising fast. The median home value is about $190,700.
Lindstrom is a small town with a population of 4,442, located in Chisago County, about 35 miles northeast of the Twin Cities. Lindstrom inhabitants enjoy a minimal suburban vibe, and most people own their houses.
It has many small shops, restaurants, and a friendly community. It is surrounded by lakes for those who enjoy water sports like canoeing and kayaking. Beach Park on the west end of town is a great place to get that beachy experience without driving very far.
Lindstrom is primarily populated by seniors, and its population is conservative, with a median home value of about $211,400. Lindstrom's public schools are known to be above average.
Here is another city in Hennepin County – a Twin Cities suburb with a population of about 7,262.
As a fast-growing metropolitan area, Dayton serves as a host community for many homeowners. Dayton is a small town, and its economy mostly comes from small shops, golf courses, a famous local manor, and custom home builders.
Dayton is a great place to raise a family, with the median age being around 40 years old, and 35% of the families in the area have children. Dayton offers a rural feel with many parks. The median home value in Dayton is valued at $298,600 and most residents own their homes.
Montrose is another interesting place to buy a house near Minneapolis and St. Paul. It has a modest population of about 3,775, and most people in Montrose own their homes. Montrose is surrounded by farmland, prairies, and lakes. It has a sparse suburban feel with above average schools.
Speaking of which – houses are selling super fast in the city. The median home value in Montrose is $176,200.
Delano is one of the best places to buy a house in Wright County. It has a population of about 6,085 and offers many opportunities to homeowners in terms of access to the metropolitan areas, good public schools, and some employment opportunities.
It has a small-town feel that many residents enjoy, without being too far from the Twin Cities. It has amazing schools, having been chosen by Forbes in 2013 as the “Best School for Your Housing Buck.” The median home value in Delano is $258,700.
Princeton is yet another Twin Cities-area town where the housing market is booming. Princeton is located in Mille Lacs and Sherburne counties, at the junction of the Rum River and its West branch.
It’s 50 miles north of the Twin Cities and 30 miles east of St. Cloud. Princeton has a history of lumbering and brickmaking, and also boasts agricultural activities. Princeton’s downtown has two shopping malls for a quaint shopping experience.
With a population that comprises both homeowners and renters in their numbers, Princeton has a mixed population with a median home value of $141,500.
Stacy is a small town in Chisago County and is located about 20 miles west of the Wisconsin border. It has a small but growing population of about 1,987 and most residents are homeowners.
It has a historical post office that has been in operation since 1873. It’s a place for young couples to raise their children, as the median age is around 33 years old.
Stacy's real estate market is booming, as it is lowly populated and people are willing to own a home there. The median home value in Stacy is $279,868.
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