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Ericsson, Minneapolis

A Minneapolis neighborhood in the city's Nokomis community, 583 acres.

  • Median sale price$395Kpast 12 months, +14.5%
  • Homes sold54past 12 months
  • Homeowners84%of occupied homes
  • Residents3,410Census estimate

The short version

Living in Ericsson

Over the 12 months through September 2026, the median sale price in Ericsson was $395,000, up 14.5% from the 12 months before, with 54 homes sold.

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

About 3,410 people live in Ericsson, in roughly 1,570 households; 84% of homes are owned by the people living in them, compared with 48% citywide.

57% of its homes were built before 1940.

Minneapolis community guide

EricssonNokomis community · Census median home value $392K

Homes for sale

Homes for sale in Ericsson

See all 9 Ericsson 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 8:18 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

Ericsson home prices and sales

Only 5 homes sold here in September 2026, so single months swing a lot. The 12-month figures are steadier.

Median sale price by month, Ericsson
0200k400k600k800kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 2026$313,750Oct 2024$313,750Nov 2024$341,000Dec 2024$315,000Jan 2025$370,000Feb 2025$207,250Mar 2025$332,500Apr 2025$440,000May 2025$500,000Jun 2025$335,000Jul 2025$448,000Aug 2025$384,875Sep 2025$374,500Oct 2025$410,000Nov 2025$509,000Dec 2025$550,000Jan 2026$349,000Feb 2026$325,000Mar 2026$435,750Apr 2026$348,773May 2026$395,500Jun 2026$418,500Jul 2026$382,500Aug 2026$460,000$360,000Sep 2026$360,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$313,750
Nov 2024$341,000
Dec 2024$315,000
Jan 2025$370,000
Feb 2025$207,250
Mar 2025$332,500
Apr 2025$440,000
May 2025$500,000
Jun 2025$335,000
Jul 2025$448,000
Aug 2025$384,875
Sep 2025$374,500
Oct 2025$410,000
Nov 2025$509,000
Dec 2025$550,000
Jan 2026$349,000
Feb 2026$325,000
Mar 2026$435,750
Apr 2026$348,773
May 2026$395,500
Jun 2026$418,500
Jul 2026$382,500
Aug 2026$460,000
Sep 2026$360,000
Homes sold by month, Ericsson
051015Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 20268Oct 20248Nov 20249Dec 20243Jan 20253Feb 20252Mar 20252Apr 20251May 20255Jun 20256Jul 20256Aug 20254Sep 20254Oct 20258Nov 20255Dec 20251Jan 20263Feb 20263Mar 20262Apr 20268May 20264Jun 20264Jul 20264Aug 202655Sep 20265
Show as a table
YearClosed sales
Oct 20248
Nov 20249
Dec 20243
Jan 20253
Feb 20252
Mar 20252
Apr 20251
May 20255
Jun 20256
Jul 20256
Aug 20254
Sep 20254
Oct 20258
Nov 20255
Dec 20251
Jan 20263
Feb 20263
Mar 20262
Apr 20268
May 20264
Jun 20264
Jul 20264
Aug 20265
Sep 20265
September 202612 months through September 2026Minneapolis
MeasureYear beforeThis yearChangeYear beforeThis yearChange12 months
Median sale price$374,500$360,000−3.9%$345,000$395,000+14.5%$353,500
Price per square foot$236$289+22.4%$268$283+5.3%$255
Closed sales45+25.0%5354+1.9%4,031
New listings114−63.6%6255−11.3%5,963
Days on market2519−24.0%2420−16.7%54
% of original list price received101.1%102.5%+1.4%101.4%102.1%+0.7%98.7%
Homes for sale (end of month)660.0%———1,136
Months of supply1.31.4+7.7%———3.4

Source: Minneapolis Area REALTORS® Local Market Update, Ericsson, 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

Ericsson by the numbers

US Census Bureau estimates for the 4 block groups mostly inside Ericsson, compared with all of Minneapolis.

EricssonMinneapolis
Residents3,410427,246
Households1,570192,734
Homes owned by the people living in them84%48%
Median value of owner-occupied homes$392,000$362,200
Median household income$118,000$80,846
Adults 25+ with a bachelor's degree or higher65%56%
Single-family detached homes79%44%
Workers who drive alone50%52%
Workers who take transit5%7%
Workers who work from home37%26%
Types of homes
  1. Single-family detached79%
  2. Townhome, duplex, 3-4 units9%
  3. Apartments, 5-49 units1%
  4. Large buildings, 50+ units12%
Ages
  1. Under 1815%
  2. 18 to 3420%
  3. 35 to 6450%
  4. 65 and older15%
Getting to work
  1. Drive alone50%
  2. Work from home37%
  3. Transit5%
  4. Walk4%
  5. Bike2%

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

Ericsson questions

What is the median home price in Ericsson, Minneapolis?

$395,000 over the 12 months through September 2026 (up 14.5% from a year earlier), from the Minneapolis Area REALTORS® Local Market Update for Ericsson (NorthstarMLS data).

How fast do homes sell in Ericsson?

Homes that sold in the 12 months through September 2026 spent 20 days on market, and sellers received 102.1% of their original list price.

What kinds of homes are in Ericsson?

By Census estimates, 79% of homes are single-family detached, 9% are townhomes, duplexes or small buildings of 3-4 units, and 13% are in apartment buildings of 5 or more units. 84% are owner-occupied.

How do people in Ericsson get to work?

50% drive alone, 37% work from home, 5% take transit, 4% walk and 2% bike (Census estimates).

Buying or selling in Ericsson?

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