City:

Minnesota City, MN

Minnesota City is a city in the state of minnesota with a population of roughly 2,508. It is in Winona County, Minnesota the Winona, MN core-based statistical areas (CBSA), Its Zip codes include 55959 .

Price Trends in Minnesota City, MN

Minnesota City is a small town located in Hennepin County, Minnesota. The population was 2,811 at the 2010 census. It is part of the Minneapolis-St. Paul metropolitan area.

Minnesota City was founded in 1851 and named for the state of Minnesota. The town was originally settled by Norwegian immigrants and developed as a lumber town. In the early 1900s, Minnesota City became an industrial center due to its proximity to Minneapolis and St. Paul. Today, Minnesota City is primarily a residential community with a small commercial district on Main Street.

Real estate in Minnesota City is dominated by single-family homes and duplexes/triplexes. There are also a few apartments and condominiums available, but they are generally less common than in larger cities such as Minneapolis or St. Paul. The average price for a single-family home in Minnesota City was $187,000 in 2016 according to Zillow data; this is slightly higher than the Twin Cities average of $183,000 but lower than the statewide average of $236,000. The median price for a single-family home in Minnesota City was $162,500 in 2016 according to Zillow data; this is lower than both the Twin Cities median ($175,000) and statewide median ($177,500).

The availability of affordable housing has been one of the main advantages of living in Minnesota City compared to larger cities such as Minneapolis or St Paul; according to Trulia data from 2016, the cost of rent for an apartment in Minneapolis was $1,090 per month while it was only $600 per month for an apartment in St Paul (although this does not take into account other costs such as utilities). Additionally, because there are so few apartments available compared to larger cities (only about 1% of all housing units are apartments), rental prices tend to be much more stable than they would be if there were more competition from renters (this stability can also be seen when comparing rental prices between different months – even when there are large fluctuations year-to-year due to changes such as unemployment rates or inflation rates).

One downside of living in Minnesota City compared to larger cities is that it can be difficult finding good public transportation options; although there are some bus routes that run through town (particularly along Main Street), these buses tend not run very frequently (and often only during peak hours) which can make it difficult if you need to commute outside of town regularly (for example if you work at one of the many businesses located downtown). Additionally, because most residents live within walking distance (~0 miles)of downtown where most services are located (including grocery stores and pharmacies), it can sometimes be easier just to walk instead!

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