Tangletown, Minneapolis, MN—55419
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tangletown, Minneapolis, MN
As of Oct '25, the median home price in Tangletown, Minneapolis, MN is $478,000, with a year-over-year change of 3.8%. This indicates that home prices in Tangletown, Minneapolis, MN are increasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $478,000 | 3.8% |
| Single Family | $481,000 | 3.9% |
| Condos | $197,000 | 1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $226,000 | 3.2% |
2 Bed | $332,000 | 3.4% |
3 Bed | $453,000 | 3.9% |
4 Bed | $627,000 | 3.8% |
| 5 Bed | $839,000 | 4.1% |
% of Housing Stock
Rental Trends — Tangletown, Minneapolis, MN
As of July '25, Rentcast reports the average rent in Tangletown, Minneapolis, MN is $2,120, with a year-over-year rent change of -4.5%. Per bedroom, the median rent as of July '25 in Tangletown, Minneapolis, MN is studios: $998, 1-bedrooms: $1,150, 2-bedrooms: $1,970, 3-bedrooms: $2,470, 4-bedrooms: $4,660. The most common rental property sizes in Tangletown, Minneapolis, MN are 2-bedroom and 1-bedroom, accounting for 42.4% and 24.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,860 | $2,120 |
| Studio Rent | $925 | $998 |
| 1 Bed Rent | $1,060 | $1,150 |
| 2 Bed Rent | $1,850 | $1,970 |
| 3 Bed Rent | $2,300 | $2,470 |
| 4 Bed Rent | $4,600 | $4,660 |
% of Rental Stock
Property Listings — Tangletown, Minneapolis, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Tangletown, Minneapolis, MN is 30. This is a decrease of -19.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $520,000 | -2.0% |
Listing Count | 77 | 6.0% |
| Listings as % of Homes | 0.4% | 6.0% |
Days on Market | 30 | -19.0% |
Demographics — Tangletown, Minneapolis, MN
As of the latest ACS Survey released in 2023, Tangletown, Minneapolis, MN has a population of 29,700, which has increased by 9.7% over the past 5 years. Tangletown, Minneapolis, MN is a popular place for families, as children make up 27.0% of the population. The area has a highly educated workforce, with 72.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 34.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,700 | 9.7% |
% Under 18 | 27.0% | 5.5% |
% Seniors | 13.1% | 5.6% |
% WFH | 34.1% | 283.1% |
% w/ College Degree | 72.0% | 8.9% |
As of the latest ACS Survey released in 2023, Tangletown, Minneapolis, MN is a predominantly white area, with 79.3% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Tangletown, Minneapolis, MN is black, making up 9.1% of the population. Foreign-born residents account for 6.3% of the population in Tangletown, Minneapolis, MN, and this percentage has decreased by 12.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 79.3% | -1.9% |
% Black | 9.1% | 40.0% |
% Hispanic | 4.3% | -17.3% |
% Asian | 1.4% | -62.2% |
% Foreign Born | 6.3% | -12.5% |
Mortgage and Risk — Tangletown, Minneapolis, MN
According to HUD data as of 2023, there were 560 mortgage originations in Tangletown, Minneapolis, MN, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Tangletown, Minneapolis, MN. Investor activity is low, as 4.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 560 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Tangletown, Minneapolis, MN
As of 2024, the percent of homes in Tangletown, Minneapolis, MN under the Section 8 program is 7.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Tangletown, Minneapolis, MN, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 230 |
Total Units Section 8 | 181 |
% Rentals under Section 8 | 7.6% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $420 | $1,060 | $1,480 |
| 2 Bedroom | -$40 | $1,850 | $1,810 |
| 3 Bedroom | $110 | $2,300 | $2,410 |
| 4 Bedroom | -$1,900 | $4,600 | $2,700 |
Affordability — Tangletown, Minneapolis, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $478,000 |
| Median Household Income | $143,000 |