A Loring Park Minneapolis real estate agent who specializes in Loring Park real estate is essential if you are considering buying or selling a Loring Park house, Loring Park condo or Loring Park townhouse. Agents Ranking has identified the best Loring Park REALTORS® In Minneapolis to assist with your Loring Park real estate needs.
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The Loring Park neighborhood, named after the park the neighborhood in centered on, is a lively and urban neighborhood with numerous cultural, educational, entertainment and religious institutions scattered throughout. This downtown Minneapolis neighborhood is bound by Lyndale Avenue to the west, Interstate 394 and 12th Street to the north, Interstate 35W to the east and Interstate 94 to the south.
The highlight of the neighborhood is Loring Park. Originally called Central Park but later renamed in 1890 to honor Charles Loring, the first superintendent of the Minneapolis park system, this picturesque 33-acre park is the largest green space in the area. The park is centered on a large pond and features biking and walking paths, gardens, public art, picnic areas, an off-leash dog park, boat docks, basketball courts, a large playground and the iconic Dandelion Fountain.
Most residents in the Loring Park neighborhood are working professionals and empty nester. Residential uses in the neighborhood are predominantly characterized by early 20th century brick multi-family buildings along with newer and more modern luxurious condominium buildings overlooking Loring Park
The Loring Park neighborhood is home to some of the most iconic and architecturally magnificent religious institutions in Minnesota. Along Hennepin Avenue there is the Hennepin Avenue United Methodist Church, the Cathedral of St. Mark and the Basilica of St. Mary, the first basilica established in the United States. In the northeastern part of the neighborhood across from Orchestra Hall, sits Westminster Presbyterian Church, a Minneapolis landmark for over 140 years
Cultural attractions are abundant in Loring Park and include the nearby nationally renowned Walker Art Center and Sculpture Garden, the MacPhail Center for the Arts, the Loring Playhouse, Red Eye Theater, Music Box Theater and Orchestra Hall. Just north of the neighborhood and within walking distance is the heart of downtown Minneapolis which features numerous additional museums, theaters and venues.
Several prominent and award winning restaurants are also located in the neighborhood including, Joe's Garage, Buca di Beppo, Cafe Lurcat, Loring Pasta Bar, Eli’s Bar & Grill and La Belle Vie, one of the highest rated restaurants in the Twin Cities. Additionally, Nicollet Avenue and the Nicollet Mall contain several other noteworthy ethnic dining options.
The eastern potion of the neighborhood is dominated by the massive Minneapolis Convention Center, which is host to numerous conventions, meetings, events and shows. The northwestern part of the neighborhood is home to the Minneapolis Community and Technical College and The University of Saint Thomas’s Minneapolis campus.
Due to its convenient location, there are several hotels in and around Loring Park, mainly along the Nicollet Mall including Hyatt Regency, Doubletree Guests Suites, Quality Inn & Suites, Millennium Hotel, and Hilton Hotel.
The neighborhood contains mostly renters, with owner occupied homes making up just 19% percent of all households in Loring Park. Average median household income is $28,078 per household as compared to an overall household income for Minneapolis of $37,974.
Property values of Loring Park condos, Loring Park townhomes, Loring Park single family homes and Loring Park investment real estate fluctuate and there are many variables that can effect the sale price of real estate in this Central neighborhood. A Minneapolis REALTOR® who is a specialist in Loring Park home sales, is the best resource for determining the value of a home you're thinking about buying or selling in the neighborhood. The charts below provide historical homes sales data for Loring Park real estate. To speak with a REALTOR® about homes in any of the Central Minneapolis neigbhorhoods, click here.
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Average Home Price in the Loring-Park Neighborhood of Central Minneapolis |
Homes Sold in the Loring Park Neighborhood of Central Minneapolis, Minnesota |
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Touring Minneapolis' Loring Park neighborhood is easy; use the map below to tour the neighborhood. You can change your location by dragging the yellow icon on the lower map to a new area. Of course, a virtual tour isn't a substitute for a personal tour with a Loring Park real estate agent. To speak with a Loring Park REALTOR® regarding your housing needs, click here. There is no obligiation or fee.
If you're looking for a new home in Minneapolis' Loring Park neighborhood, you might also want to consider one of the neighboring communities listed below. Minneapolis' Central neighborhood consists of Downtown East, Downtown West, Elliot Park, Loring Park, North Loop and Stevens Square.
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Downtown East Real Estate Downtown West Real Estate Elliot Park Real Estate Loring Park Real Estate North Loop Real Estate Stevens Square Real Estate
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