The typical home value in
Loring Park
is projected to be
$142,500
for the month of
September.
August’s
finalized data reported the typical value of a home in the
neighborhood
to be
$170,000—down
24.44%
over the previous 12 months.
For comparison,
city-level
data pegged home values at
$355,000
in
Minneapolis
for the most recent reporting period.
That number is expected to float around
$355,000
in
September.
Loring Park
had
18
new listings and
17
listings that went under contract in
August,
decreasing
the area’s total available inventory to
28—down
9.68%
from the previous month. Inventory is projected to have further
decreased
in
September.
The median listing price for homes in
Loring Park
grew
6.27%
from
July
to
August,
bringing the current median listing price to
$371,950.
Based on projected data for
September,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
August 2025,
the median time for a listed property to go pending was
81
days, compared to
118
days in
August 2024.
However, in recent months the median number of days from listed to pending appears to be
rising.
That trend is predicted to have carried through to this
September.
