Powderhorn Park, Minneapolis, MN
Powderhorn Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Powderhorn Park, Minneapolis, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Powderhorn Park Neighborhood Overview
Powderhorn Park is a vibrant, culturally rich neighborhood in South Minneapolis centered around its namesake 66-acre park. The community is known for its strong activist roots, artistic spirit, and remarkable diversity. Its central location within the city provides residents with a unique blend of urban energy and green, communal space.
Lifestyle & Amenities
The neighborhood's heartbeat is Powderhorn Park itself, which hosts the renowned annual Powderhorn Art Fair and the community-built MayDay Parade and Festival. Residents enjoy local cafes, eclectic restaurants, and independent shops along Bloomington Avenue and Lake Street. The area fosters a tight-knit community feel with numerous grassroots initiatives and cultural events.
Real Estate Market
The real estate in Powderhorn Park primarily consists of historic early-20th century homes, including bungalows, Tudors, and classic American Foursquares. 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 Minneapolis market, attracting first-time homebuyers and those seeking an established, character-filled neighborhood.
Schools & Education
Families in Powderhorn Park are served by Minneapolis Public Schools. The neighborhood is home to several public school options, including community and language immersion programs. Educational opportunities are an important part of the community fabric, with active family engagement in local schools.
Transportation & Connectivity
Powderhorn Park boasts excellent transit connectivity via multiple Metro Transit bus lines running along major corridors like Lake Street, Bloomington Avenue, and Chicago Avenue. The neighborhood is highly bike-friendly with numerous dedicated lanes and is just minutes from downtown Minneapolis by car, offering residents multiple efficient commuting options.
Why Choose Powderhorn Park
Powderhorn Park is ideal for those who value community, culture, and convenience. It offers an authentic, engaged urban lifestyle with a median household income of $74,518, reflecting a mix of working professionals, artists, and families. Choosing Powderhorn Park means becoming part of a historically significant, active, and welcoming Minneapolis community.
Powderhorn Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $292K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $75K |
| Homeownership Rate | 60.5% |
| Renter-Occupied | 39.5% |
| Rental Vacancy Rate | 2.8% |
| Market Type | Seller's |
| Market Tier | Mid-Range |
| Primary ZIP Code | 55407 |
| 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 Powderhorn Park, Minneapolis
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Powderhorn Park, 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