Why townhomes are becoming so popular in the Twin Cities …

Dec 2, 2023 · In October, the median cost of a townhouse in the metro was $305,000, nearly $100,000 less than a typical single-family house, according to MAR. But the median price of a townhome rose 7%, nearly ...

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Why Townhomes Are Becoming So Popular In The Twin Cities …

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Pete Larson On LinkedIn: Why Townhomes Are Becoming So …

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Interesting article in the Star Tribune this past weekend about townhomes rising in popularity in the Twin Cities. The median sales price for townhouses increased by 7% over the past year as ...

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New Construction Townhomes - Minneapolis, MN

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Townhomes and condominiums are typically more affordable in Minneapolis than single-family homes with prices starting at $292,990 all the way to $6,490,000 and beyond. Of course, if you …

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FAQs about Why townhomes are becoming so popular in the Twin Cities … Coupon?

Are townhome sales picking up in the Twin Cities?

Townhome sales are picking up in the Twin Cities. Driving the news: This spring, the properties gobbled up their biggest market share in more than 15 years, according to Minneapolis Area Realtors. ...

Why should you buy a townhouse in Minneapolis?

It is known for its great economy and job market, highly-rated public schools, and many housing opportunities, including a significant number of new construction townhomes for sale. Townhouses in the area are particularly popular among young professionals looking for affordable homes to raise a family in the Minneapolis-St.Paul region. ...

Are townhomes in demand in Minneapolis-St Paul?

There are now 57 active communities offering condominiums for sale in Minneapolis-St.Paul with prices starting at $289,990. New townhomes have changed a lot over the last decade making the pre-construction townhome market soar to new heights. Michele Lerner shares her thoughts on why townhomes are in demand. ...

Why are townhomes so popular?

Why it matters: Townhomes' growing popularity comes as younger buyers look for more affordable homes and baby boomers want to downsize to a maintenance-free lifestyle, local real estate experts say. ...

How much does a townhouse cost in Minneapolis?

The median sales price for a metro-area townhouse was about $104,500 less than a single-family home here, June data provided by Minneapolis Area Realtors shows. The big picture: Across the U.S., condo and townhouse prices are now climbing at a faster clip than single-family homes, Realtor.com analyst Hannah Jones tells Axios. ...

Why are new townhomes in demand?

New townhomes have changed a lot over the last decade making the pre-construction townhome market soar to new heights. Michele Lerner shares her thoughts on why townhomes are in demand. These are not the row-houses and new construction duplexes of yesteryear. Modern townhouses come with luxury appointments and a range of options. ...