Real Estate

Hot homes: 5 houses for sale in the Twin Cities starting at $300K

20 Lexington Pkwy. S. Photo: Spacecrafting, courtesy of Charly Marggraf

This week's Hot Homes collection features five properties that blend modern details with traditional charm.

Hot homes: 5 houses for sale in the Twin Cities starting at $275K

exterior of dark home with orange front door

Photo: SinghShots, courtesy of Anderson Realty

This week's Hot Homes collection includes five tempting properties at a range of price points.

Hot homes: 5 houses for sale in the Twin Cities starting at $290K

view of home with brick exterior

6808 Blaisdell Ave. Photo courtesy of Chris Mosier

This week's Hot Homes collection includes a mix of styles, from an industrial loft to more traditional charmers.

Nick Halter
Oct 31, 2022 - Real Estate

7% interest rates are devastating Twin Cities homebuyers

Illustration of a percent sign shooting upwards like a rocket.

Illustration: Gabriella Turrisi/Axios

The monthly cost to own a median-priced home in the Twin Cities has shot up by $1,000 in the past year, thanks to rising interest rates and prices.

Driving the news: Average interest rates for a 30-year fixed mortgage topped 7% last week, up from 3% a year ago, according to Freddie Mac.

Hot homes: 5 houses for sale in the Twin Cities starting at $260K

outside of cream home with red door

1766 Bayard Ave. Photo: Spacecrafting, courtesy of Aimee Morice

While higher mortgage rates have slowed sales, Twin Cities home prices continue to grow, according to the latest data from Minneapolis Area Realtors.

  • Whether you're on the hunt or just curious about what's available in this shifting market, we found five sweet homes listed below $375,000.

Hot homes: 5 houses for sale in the Twin Cities starting at $315K

exterior of two toned house with brick trim

2732 Vincent Ave. N. Photo courtesy of Mari Koplin and Scott Parkin

This week's Hot Homes collection includes a mix of roomy properties, both classic and contemporary.

Hot homes: 5 houses for sale in the Twin Cities starting at $300K

exterior of grey house

2954 Xerxes Ave. N. Photo courtesy of Stacy Zachman

From glossy remodels to unique abodes with a traditional touch, this week's Hot Homes collection has something for everyone.

Hot homes: 5 houses for sale in the Twin Cities starting at $275K

exterior of home at sundown

3720 Overlook Dr. Photo: Homecoming Photography, courtesy of Joey Oslund

This week's Hot Homes collection features a mix of properties, from a posh condo to spacious houses packed with character.

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