East Phillips, Minneapolis, MN
East Phillips — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for East Phillips, Minneapolis, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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East Phillips Neighborhood Overview
East Phillips is a historically rich and culturally diverse neighborhood in South Minneapolis. It is known for its strong sense of community and activism, particularly around environmental justice and housing issues. The area provides a residential setting with close proximity to downtown Minneapolis and the Mississippi River.
Lifestyle & Amenities
Residents enjoy access to several community assets, including the East Phillips Park Community Center and the Midtown Greenway for biking and walking. The neighborhood is also home to the Indigenous People's Task Force and various cultural organizations that reflect its diverse population. Local dining and shopping options are available along nearby corridors like Cedar Avenue and Lake Street.
Real Estate Market
The real estate market in East Phillips is characterized by its affordability relative to many other parts of Minneapolis. According to U.S. Census data, the median home value in the area is $150,700. This presents an accessible entry point for homeownership in the city.
Schools & Education
East Phillips is served by the Minneapolis Public Schools district. Families in the neighborhood have access to a variety of public school options, including community schools and magnet programs. Specific school information and ratings should be verified through the district for the most current details.
Transportation & Connectivity
The neighborhood boasts excellent multi-modal transportation options. It is bisected by the Midtown Greenway and is served by several Metro Transit bus lines along major streets. This connectivity makes commuting to downtown, the University of Minnesota, and other employment centers relatively convenient.
Why Choose East Phillips
East Phillips offers an affordable, close-knit urban community with a powerful history of resident-led advocacy. Its central location provides easy access to major bike trails, transit, and the amenities of South Minneapolis. For those seeking an engaged neighborhood with character and connectivity, East Phillips presents a unique opportunity.
East Phillips Market Data
| Metric | Value |
|---|---|
| Median Home Price | $151K |
| Median Gross Rent | $768/mo |
| Median Household Income | $25K |
| Homeownership Rate | 9.8% |
| Renter-Occupied | 90.2% |
| Rental Vacancy Rate | 3.0% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 55454 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 148,162 |
| VA Loan Originations | 5,773 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $316K |
| Conventional Loan Originations | 131,728 |
| FHA Loan Originations | 10,661 |
Top Real Estate Agents in East Phillips, Minneapolis
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for East Phillips, Minneapolis, MN. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Minnesota Department of Commerce — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12