Alexander Olsen sells 117 Arthur Ave. S.E., Minneapolis

The home at 117 Arthur Ave. S.E., Minneapolis, was sold on June 3 by Alexander Olsen for $564,000.

Linda Iqbal was listed as the buyer.

Property taxes on the home totaled $5,390 in 2024, or 1% of the sale price.

This property is one of 387 sales in Minneapolis, Hennepin County, between May 3 and June 3.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.