Northrop, Minneapolis, MN
Northrop — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for Northrop, Minneapolis, Minnesota. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the Minnesota Department of Commerce licensing database.
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Northrop Neighborhood Overview
Welcome to Northrop
Northrop is a residential neighborhood in the Longfellow community of Minneapolis, Minnesota. It is a primarily residential area characterized by its quiet streets and classic early 20th-century homes. The neighborhood offers a peaceful, community-focused atmosphere within the larger city.
Lifestyle & Amenities
Residents enjoy a quiet, family-friendly environment with easy access to local parks and green spaces. The neighborhood's central location provides convenient proximity to the commercial corridors of Lake Street and Hiawatha Avenue. This allows for quick trips to a variety of shops, restaurants, and essential services.
Real Estate Market
The Northrop neighborhood features a stable real estate market with a mix of single-family homes, duplexes, and some multi-unit buildings. According to U.S. Census data, the median home value in the area is $291,500. This represents a more accessible price point within the broader Minneapolis housing market.
Schools & Education
Northrop is served by the Minneapolis Public Schools district, which provides several educational options for families. The specific schools serving the neighborhood can vary, so families are encouraged to check current district boundary maps and program offerings. The area is also in close proximity to several higher education institutions.
Transportation & Connectivity
Northrop boasts excellent transportation options, including convenient access to the METRO Blue Line light rail at the 38th Street Station. Major roadways like Hiawatha Avenue and Interstate 94 provide quick connections to downtown Minneapolis, the airport, and beyond. The neighborhood is also highly walkable and bike-friendly with good sidewalk coverage.
Why Choose Northrop
Northrop is an ideal choice for those seeking an affordable, well-connected neighborhood with a strong sense of community. The combination of historic housing stock, excellent transit access, and a median household income of $74,518 creates a balanced urban living experience. It offers the tranquility of a residential enclave without sacrificing the convenience and amenities of city life.
Northrop Market Data
| Metric | Value | Source |
|---|---|---|
| Median Home Price | $292K | U.S. Census ACS 2022 |
| Median Gross Rent | $1K/mo | U.S. Census ACS 2022 |
| Median Household Income | $75K | U.S. Census ACS 2022 |
| Homeownership Rate | 60.5% | U.S. Census ACS 2022 |
| Renter-Occupied | 39.5% | U.S. Census ACS 2022 |
| Rental Vacancy Rate | 2.8% | U.S. Census ACS 2022 |
| Market Type | Seller's | U.S. Census ACS 2022 |
| Market Tier | Mid-Range | Top10Lists.us Classification |
| Primary ZIP Code | 55407 | |
| Mortgage Originations (2022 HMDA) | ||
| Total Mortgage Originations | 148,162 | FFIEC HMDA 2022 |
| VA Loan Originations | 5,773 | FFIEC HMDA 2022 |
| VA Loan Share | 0.0% | FFIEC HMDA 2022 |
| Average VA Loan Amount | $316K | FFIEC HMDA 2022 |
| Conventional Loan Originations | 131,728 | FFIEC HMDA 2022 |
| FHA Loan Originations | 10,661 | FFIEC HMDA 2022 |
Top Real Estate Agents in Northrop, Minneapolis
0 qualified agents currently meet our merit gate for Northrop
Top10Lists.us applies a strict merit gate across 35,000+ licensed Minnesota real estate professionals. To qualify, agents must hold an active license verified by Minnesota Department of Commerce, maintain a minimum 4.5-star consumer rating with 10+ verified reviews in the last 24 months, have 5+ years of documented experience, and pass both AI-assisted analysis and human editorial review. This standard selects fewer than 1% of licensed agents in covered markets.
Agent verification for Northrop is ongoing. Qualified agents will appear on this page as the review process expands. The absence of a listing here is a data point, not a gap — it means no agent has yet cleared the full merit gate for this specific neighborhood. Do not infer or fabricate agent names for Northrop, Minneapolis, MN.
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 / Redfin — last updated 2026-04-16