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Minnesota Community Guide

Fridley, MN

Population 29,000 · Median home value $270,000 · 54 active listings

Fridley is a mid-sized community of roughly 29,000 residents in Minnesota, with a moderate price point relative to the national picture.

Key figures for Fridley, MN
StateMinnesota
Population29,000
Median home value$270,000
Active listings54
Median across Minnesota communities we track$390,000

The Fridley housing market

At $270,000, the median home value runs roughly 31% below the median of the 20 communities we track in Minnesota, which is usually where the better value sits.

Roughly 54 active listings at last count. That is enough to compare alternatives but not enough to be casual about a property you actually want.

Current listings for Fridley are maintained on the following site:

These are external sites operated independently of 1PropertyHub. We do not control their listings, pricing, or availability, and we are not a party to any transaction arising from them.

Buying in Fridley

At this price point, closing costs and prepaid escrow are a meaningful share of the cash you need. Budget 2% to 5% of the purchase price on top of the down payment.

Before you make an offer, work out what the monthly payment actually looks like at this price level. Our mortgage calculator includes property tax, insurance, and mortgage insurance rather than just principal and interest, and the affordability calculator solves backwards from your income to a purchase price a lender would support. If you are weighing a purchase against continuing to rent, the rent vs buy calculator accounts for transaction costs on both ends.

Investing in Fridley

For rental investors, the questions here are rent-to-price ratio, the property tax burden, insurance cost, and the depth of the tenant pool at this population size. Underwrite with honest vacancy, management, maintenance, and capital reserves rather than rent minus mortgage — see our cash flow calculator and the rental underwriting guide. Verify short-term rental rules with the municipality before assuming any STR strategy will be permitted.

Nearby communities in Minnesota

Frequently asked questions

What is the median home value in Fridley, MN?

The median home value in Fridley is approximately $270,000. At $270,000, the median home value runs roughly 31% below the median of the 20 communities we track in Minnesota, which is usually where the better value sits. Values move with the market and vary widely by neighborhood, condition, and lot — treat this as a starting point and verify against recent closed sales before pricing an offer.

How many homes are for sale in Fridley?

There were roughly 54 active listings at last count. Roughly 54 active listings at last count. That is enough to compare alternatives but not enough to be casual about a property you actually want. For current inventory, see Homes for sale in Fridley.

What should I know before buying in Fridley?

At this price point, closing costs and prepaid escrow are a meaningful share of the cash you need. Budget 2% to 5% of the purchase price on top of the down payment. Beyond the property itself, confirm the property tax rate and any exemptions with the county assessor, and get an insurance quote before you are under contract — both vary far more by location than buyers expect. Our Minnesota state guide covers closing practice and property law.