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Downtown East, Minneapolis

A Minneapolis neighborhood in the city's Central community, 235 acres.

  • Median sale price$688Kpast 12 months, −3.3%
  • Homes sold90past 12 months
  • Homeowners41%of occupied homes
  • Residents4,610Census estimate

The short version

Living in Downtown East

Over the 12 months through September 2026, the median sale price in Downtown East was $687,500, down 3.3% from the 12 months before, with 90 homes sold.

Minneapolis as a whole had a median sale price of $353,500 over the same 12 months.

About 4,610 people live in Downtown East, in roughly 2,440 households; 41% of homes are owned by the people living in them, compared with 48% citywide.

88% of its homes were built in 2000 or later.

Minneapolis community guide

Downtown EastCentral community · Census median home value $727K

Homes for sale

Homes for sale in Downtown East

See all 41 Downtown East homes for sale

Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.

Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 9:25 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.

Housing market · September 2026

Downtown East home prices and sales

Median sale price by month, Downtown East
01000k2000k3000kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 2026$613,750Oct 2024$613,750Nov 2024$683,113Dec 2024$1,013,000Jan 2025$1,195,000Feb 2025$1,580,000Mar 2025$555,000Apr 2025$667,500May 2025$597,500Jun 2025$578,750Jul 2025$712,500Aug 2025$758,750Sep 2025$707,500Oct 2025$1,017,500Nov 2025$480,000Dec 2025$1,000,000Jan 2026$635,000Feb 2026$1,645,000Mar 2026$435,000Apr 2026$607,500May 2026$467,500Jun 2026$590,000Jul 2026$725,000Aug 2026$583,500$1,142,500Sep 2026$1,142,500

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$613,750
Nov 2024$683,113
Dec 2024$1,013,000
Jan 2025$1,195,000
Feb 2025$1,580,000
Mar 2025$555,000
Apr 2025$667,500
May 2025$597,500
Jun 2025$578,750
Jul 2025$712,500
Aug 2025$758,750
Sep 2025$707,500
Oct 2025$1,017,500
Nov 2025$480,000
Dec 2025$1,000,000
Jan 2026$635,000
Feb 2026$1,645,000
Mar 2026$435,000
Apr 2026$607,500
May 2026$467,500
Jun 2026$590,000
Jul 2026$725,000
Aug 2026$583,500
Sep 2026$1,142,500
Homes sold by month, Downtown East
0102030Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 20268Oct 20248Nov 20244Dec 20243Jan 20257Feb 20254Mar 20256Apr 20258May 202514Jun 20254Jul 202512Aug 20256Sep 20256Oct 20256Nov 20255Dec 20253Jan 20263Feb 20262Mar 20265Apr 20268May 20264Jun 202611Jul 202621Aug 20261110Sep 202610
Show as a table
YearClosed sales
Oct 20248
Nov 20244
Dec 20243
Jan 20257
Feb 20254
Mar 20256
Apr 20258
May 202514
Jun 20254
Jul 202512
Aug 20256
Sep 20256
Oct 20256
Nov 20255
Dec 20253
Jan 20263
Feb 20262
Mar 20265
Apr 20268
May 20264
Jun 202611
Jul 202621
Aug 202611
Sep 202610
September 202612 months through September 2026Minneapolis
MeasureYear beforeThis yearChangeYear beforeThis yearChange12 months
Median sale price$707,500$1,142,500+61.5%$711,113$687,500−3.3%$353,500
Price per square foot$415$617+48.9%$457$506+10.7%$255
Closed sales610+66.7%8290+9.8%4,031
New listings1011+10.0%129158+22.5%5,963
Days on market92109+18.5%103108+4.9%54
% of original list price received97.2%96.9%−0.3%96.5%95.8%−0.7%98.7%
Homes for sale (end of month)3544+25.7%———1,136
Months of supply5.35.7+7.5%———3.4

Source: Minneapolis Area REALTORS® Local Market Update, Downtown East, September 2026. Data from NorthstarMLS; current as of October 7, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size. Minneapolis market report

Past months: August 2026 · July 2026 · June 2026 · May 2026 · April 2026 · March 2026 · February 2026 · January 2026 · December 2025 · November 2025 · October 2025

People and homes

Downtown East by the numbers

US Census Bureau estimates for the 2 block groups mostly inside Downtown East, compared with all of Minneapolis.

Downtown EastMinneapolis
Residents4,610427,246
Households2,440192,734
Homes owned by the people living in them41%48%
Median value of owner-occupied homes$727,000$362,200
Median household income$124,000$80,846
Adults 25+ with a bachelor's degree or higher82%56%
Single-family detached homes0%44%
Workers who drive alone43%52%
Workers who take transit1%7%
Workers who work from home37%26%
Types of homes
  1. Single-family detached0%
  2. Townhome, duplex, 3-4 units2%
  3. Apartments, 5-49 units21%
  4. Large buildings, 50+ units77%
Ages
  1. Under 1811%
  2. 18 to 3443%
  3. 35 to 6433%
  4. 65 and older14%
Getting to work
  1. Drive alone43%
  2. Work from home37%
  3. Walk16%
  4. Bike2%
  5. Transit1%

Source: US Census Bureau, American Community Survey 2020–2024 5-year estimates for block groups (each block group counted in the neighborhood holding most of its area; medians estimated from ranges). Boundaries: City of Minneapolis neighborhoods (opendata.minneapolismn.gov); City of Saint Paul planning districts (information.stpaul.gov). Block-group estimates have wide margins of error, so treat them as approximate.

Quick answers

Downtown East questions

What is the median home price in Downtown East, Minneapolis?

$687,500 over the 12 months through September 2026 (down 3.3% from a year earlier), from the Minneapolis Area REALTORS® Local Market Update for Downtown East (NorthstarMLS data).

How fast do homes sell in Downtown East?

Homes that sold in the 12 months through September 2026 spent 108 days on market, and sellers received 95.8% of their original list price.

What kinds of homes are in Downtown East?

By Census estimates, 0% of homes are single-family detached, 2% are townhomes, duplexes or small buildings of 3-4 units, and 98% are in apartment buildings of 5 or more units. 41% are owner-occupied.

How do people in Downtown East get to work?

43% drive alone, 37% work from home, 1% take transit, 16% walk and 2% bike (Census estimates).

Buying or selling in Downtown East?

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