Minnesota’s lowest-valued residential areas show distinct geographical clustering in core urban areas and specific submarkets of major cities according to Zillow’s neighborhood-level home value data through November 2024. The data reveals concentrations in Duluth (eight neighborhoods), Saint Cloud (seven neighborhoods), Minneapolis (four neighborhoods), and Edina (three neighborhoods), with the lowest values ranging from $131,375 in Parklawn (Edina) to $195,431 in Denfeld (Duluth). Most striking is the significant price appreciation since 2014, with neighborhoods like Edinborough (153.1%), Morgan Park (124.1%), and Saint John Cantius (116.6%) more than doubling in value, though these dramatic percentage increases partly reflect their low starting bases.
Several notable market trends emerge from 2019 to 2024, particularly in Minneapolis’s urban core neighborhoods, where areas like Whittier, Loring Park, and Stevens Square have experienced value declines ranging from 5% to 12% since 2019, contrasting sharply with stable or appreciating values in Saint Cloud and Duluth neighborhoods during the same period. The data also shows recent market corrections in 2023-2024, with seven neighborhoods experiencing declines, most notably Londonberry in Edina (-9.8%) and Downtown Rochester (-5.0%), suggesting potential market adjustments in specific submarkets. Despite being among the lowest-valued neighborhoods in their respective cities, many of these areas show strong historical ties to their industrial or institutional anchors, such as Morgan Park’s U.S. Steel heritage, Southside-University’s connection to St. Cloud State University, and Cedar-Riverside’s proximity to the University of Minnesota.
1. Denfeld (Duluth, MN)
Located in western Duluth and stretching up the hillside from Grand Avenue, Denfeld is a historic working-class neighborhood centered around Denfeld High School. The area has seen substantial appreciation from $96,056 in 2014 to $126,948 in 2019, then $180,835 in 2023, reaching $195,431 in November 2024 – marking a 103.5% increase over the decade, with particularly strong recent growth of 8.1% in the past year.
2. Irving (Duluth, MN)
Irving sits in Duluth’s far western reaches, adjacent to the St. Louis River and historically tied to the city’s industrial heritage. Home values have shown modest but steady growth, rising from $133,249 in 2014 to $139,089 in 2019, climbing to $190,598 in 2023, before reaching $194,475 in November 2024 – representing a 45.9% total gain, with just 2% growth in the past year.
3. McKinley & Railroad Parks (Saint Cloud, MN)
This area straddles two historic parks in northeast Saint Cloud, characterized by its railroad heritage and working-class roots. Values have nearly doubled since 2014, starting at $101,477, rising to $132,595 in 2019, then $184,141 in 2023, before hitting $194,438 in November 2024 – showing a 91.6% decade-long appreciation and 5.6% growth in the last year.
4. Fond du Lac (Duluth, MN)
Nestled along the St. Louis River in far western Duluth, Fond du Lac retains its historic village character from its origins as a separate settlement. Property values climbed from $107,375 in 2014 to $145,298 in 2019, then $178,330 in 2023, reaching $192,658 in November 2024 – marking a 79.4% total increase and 8% growth in the past year.
5. Downtown (Rochester, MN)
The heart of Minnesota’s third-largest city, Rochester’s downtown is dominated by the Mayo Clinic campus and its associated medical facilities. Values have more than doubled from $93,573 in 2014 to $153,642 in 2019, peaking at $202,331 in 2023 before adjusting to $192,125 in November 2024 – showing a 105.3% total gain despite a recent 5% decline.
6. Southside-University (Saint Cloud, MN)
Adjacent to St. Cloud State University, this neighborhood combines student housing with historic residential areas. Values rose from $118,491 in 2014 to $141,838 in 2019, then $182,284 in 2023, reaching $191,118 in November 2024 – representing a 61.3% total increase with steady 4.8% growth in the past year.
7. Whittier (Minneapolis, MN)
Located just south of downtown Minneapolis between Lyndale and 35W, Whittier is known for its “Eat Street” corridor and diverse housing stock. The area saw values rise from $134,961 in 2014 to $198,862 in 2019, before declining to $193,904 in 2023 and $188,550 in November 2024 – showing mixed trends with a 39.7% total gain but recent declines.
8. Gary (Duluth, MN)
Originally a separate industrial town, Gary now forms part of far western Duluth along the St. Louis River. Values increased from $115,051 in 2014 to $139,323 in 2019, peaking at $192,553 in 2023 before settling at $188,513 in November 2024 – showing a 63.9% total gain despite a recent 2.1% decline.
9. Morgan Park (Duluth, MN)
A planned industrial community built by U.S. Steel in western Duluth, Morgan Park retains its distinctive architecture and layout. The neighborhood has seen dramatic appreciation from $84,034 in 2014 to $110,396 in 2019, then $175,558 in 2023, reaching $188,362 in November 2024 – marking a 124.1% total increase with strong 7.3% recent growth.
10. Fairmount (Duluth, MN)
Situated in west Duluth between Spirit Valley and Lincoln Park, Fairmount offers hillside views and affordable housing stock. Values rose steadily from $100,389 in 2014 to $122,388 in 2019, then $177,387 in 2023, hitting $188,164 in November 2024 – showing an 87.4% total increase with 6.1% recent growth.
11. Shelard Park (Saint Louis Park, MN)
A planned development in western Saint Louis Park near the Minneapolis border, featuring numerous apartment and condominium complexes. Values increased from $118,714 in 2014 to $158,174 in 2019, peaking at $186,135 in 2023 before slightly declining to $184,939 in November 2024 – marking a 55.8% total gain despite recent stability.
12. Northeast-Wilson Park (Saint Cloud, MN)
Located in northeast Saint Cloud adjacent to Wilson Park, this established neighborhood features diverse housing styles. Property values have risen from $100,126 in 2014 to $136,751 in 2019, then $175,893 in 2023, reaching $183,663 in November 2024 – showing an 83.4% total increase with steady 4.4% recent growth.
13. Londonberry (Edina, MN)
A residential enclave in eastern Edina near the Minneapolis border, characterized by its apartment and condominium developments. Values doubled from $89,268 in 2014 to $166,625 in 2019, reaching $200,796 in 2023 before declining to $181,042 in November 2024 – showing a 102.8% total gain despite recent market adjustments.
14. Downtown (Saint Paul, MN)
The historic heart of Minnesota’s capital city, featuring a mix of historic buildings and modern developments along the Mississippi River. Values increased from $113,483 in 2014 to $169,635 in 2019, then $172,296 in 2023, reaching $180,411 in November 2024 – showing a 59% total gain with modest recent growth.
15. Lincoln Park (Duluth, MN)
A revitalizing neighborhood west of downtown Duluth, known for its emerging craft district and historic housing stock. Values more than doubled from $87,880 in 2014 to $113,828 in 2019, then $166,300 in 2023, reaching $179,720 in November 2024 – marking a 104.5% total increase with continued strong growth.
16. Seberger-Roosevelt (Saint Cloud, MN)
A historic neighborhood near downtown Saint Cloud, featuring early 20th-century homes and community parks. Values climbed from $87,726 in 2014 to $119,552 in 2019, then $166,179 in 2023, reaching $178,970 in November 2024 – showing a 104% total gain with steady recent growth.
17. Loring Park (Minneapolis, MN)
A dense urban neighborhood southwest of downtown Minneapolis, centered around its namesake park and known for its mix of historic and modern buildings. Values rose modestly from $152,963 in 2014 to $201,592 in 2019, before declining to $182,560 in 2023 and $177,696 in November 2024 – showing a 16.2% total gain despite recent market corrections.
18. Saint John Cantius (Saint Cloud, MN)
A historic neighborhood in northeast Saint Cloud, named after its landmark Polish Catholic church. Values more than doubled from $80,474 in 2014 to $116,036 in 2019, then $160,830 in 2023, reaching $174,284 in November 2024 – marking a 116.6% total increase with strong recent growth.
19. Spirit Valley (Duluth, MN)
Situated in West Duluth along Grand Avenue and centered around the historic Spirit Valley business district, this neighborhood reflects Duluth’s industrial heritage while undergoing gradual revitalization. The area has shown strong appreciation, climbing from $89,271 in 2014 to $116,842 in 2019, then $159,845 in 2023, before reaching $173,939 in November 2024 – marking a 94.8% total increase over the decade, with particularly robust 8.8% growth in the past year despite regional economic challenges.
20. Lake George (Saint Cloud, MN)
Centered around its namesake park near downtown Saint Cloud, this neighborhood features varied architectural styles and community amenities. Values increased from $91,472 in 2014 to $120,007 in 2019, then $162,991 in 2023, reaching $173,588 in November 2024 – showing an 89.8% total gain with steady recent appreciation.
21. Cedarhurst (Saint Louis Park, MN)
A residential area in northern Saint Louis Park, characterized by its post-war housing stock and proximity to Minneapolis. Values rose from $98,825 in 2014 to $157,094 in 2019, reaching $179,916 in 2023 before declining to $171,984 in November 2024 – marking a 74% total increase despite recent market adjustments.
22. Cedar-Riverside (Minneapolis, MN)
A historic immigrant gateway neighborhood east of downtown Minneapolis, known for its high-rise apartments and cultural diversity. Values increased from $108,958 in 2014 to $154,436 in 2019, then $160,938 in 2023, reaching $163,407 in November 2024 – showing a 50% total gain with modest recent growth.
23. Edinborough (Edina, MN)
A planned development in eastern Edina featuring condominiums and the indoor Edinborough Park. Values have more than doubled from $62,550 in 2014 to $123,403 in 2019, then $149,785 in 2023, reaching $158,296 in November 2024 – marking a 153.1% total increase with steady recent growth.
24. Stevens Square (Minneapolis, MN)
Minneapolis’s first historic district, located just south of downtown and known for its concentration of 1920s apartment buildings. Values increased from $107,601 in 2014 to $163,527 in 2019, before declining to $158,767 in 2023 and $154,251 in November 2024 – showing a 43.4% total gain despite recent market corrections.
25. Parklawn (Edina, MN)
A residential pocket in eastern Edina near the Minneapolis border, characterized by its apartment and condominium complexes. Values rose modestly from $82,341 in 2014 to $117,758 in 2019, reaching $138,006 in 2023 before declining to $131,375 in November 2024 – showing a 59.6% total gain despite recent market adjustments.
