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Nicollet Island-East Bank, Minneapolis

A Minneapolis neighborhood in the city's University community, 160 acres.

  • Median sale price$599Kpast 12 months, +53.6%
  • Homes sold47past 12 months
  • Homeowners48%of occupied homes
  • Residents2,500Census estimate

The short version

Living in Nicollet Island-East Bank

Over the 12 months through September 2026, the median sale price in Nicollet Island-East Bank was $599,000, up 53.6% from the 12 months before, with 47 homes sold.

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

About 2,500 people live in Nicollet Island-East Bank, in roughly 1,660 households; 48% of homes are owned by the people living in them, compared with 48% citywide.

58% of its homes were built in 2000 or later.

Minneapolis community guide

Nicollet Island-East BankUniversity community · Census median home value $567K

Homes for sale

Homes for sale in Nicollet Island-East Bank

See all 10 Nicollet Island-East Bank 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 9:01 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

Nicollet Island-East Bank home prices and sales

Only 6 homes sold here in September 2026, so single months swing a lot. The 12-month figures are steadier.

Median sale price by month, Nicollet Island-East Bank
0500k1000k1500kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 2026$525,000Oct 2024$525,000Nov 2024$397,750Dec 2024$175,000Jan 2025$216,900Feb 2025$950,000Mar 2025$310,000Apr 2025$610,000May 2025$527,500Jun 2025$295,000Jul 2025$498,250Aug 2025$487,500Sep 2025$370,005Oct 2025$667,500Nov 2025$779,000Dec 2025$815,000Jan 2026$432,000Feb 2026$420,500Mar 2026$525,000Apr 2026$251,500May 2026$247,500Jun 2026$560,000Jul 2026$745,000Aug 2026$965,000$599,000Sep 2026$599,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$525,000
Nov 2024$397,750
Dec 2024$175,000
Jan 2025$216,900
Feb 2025$950,000
Mar 2025$310,000
Apr 2025$610,000
May 2025$527,500
Jun 2025$295,000
Jul 2025$498,250
Aug 2025$487,500
Sep 2025$370,005
Oct 2025$667,500
Nov 2025$779,000
Dec 2025$815,000
Jan 2026$432,000
Feb 2026$420,500
Mar 2026$525,000
Apr 2026$251,500
May 2026$247,500
Jun 2026$560,000
Jul 2026$745,000
Aug 2026$965,000
Sep 2026$599,000
Homes sold by month, Nicollet Island-East Bank
051015Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 20267Oct 20247Nov 20248Dec 20243Jan 20251Feb 20252Mar 20255Apr 20253May 20254Jun 20257Jul 20252Aug 20256Sep 20254Oct 20252Nov 20251Dec 20253Jan 20262Feb 20262Mar 20263Apr 20265May 20267Jun 20267Jul 20263Aug 202656Sep 20266
Show as a table
YearClosed sales
Oct 20247
Nov 20248
Dec 20243
Jan 20251
Feb 20252
Mar 20255
Apr 20253
May 20254
Jun 20257
Jul 20252
Aug 20256
Sep 20254
Oct 20252
Nov 20251
Dec 20253
Jan 20262
Feb 20262
Mar 20263
Apr 20265
May 20267
Jun 20267
Jul 20263
Aug 20265
Sep 20266
September 202612 months through September 2026Minneapolis
MeasureYear beforeThis yearChangeYear beforeThis yearChange12 months
Median sale price$370,005$599,000+61.9%$390,000$599,000+53.6%$353,500
Price per square foot$339$437+28.8%$320$362+12.9%$255
Closed sales46+50.0%5247−9.6%4,031
New listings96−33.3%69690.0%5,963
Days on market1348+269.2%59106+79.7%54
% of original list price received94.4%98.4%+4.2%96.4%94.6%−1.9%98.7%
Homes for sale (end of month)1411−21.4%———1,136
Months of supply3.62.9−19.4%———3.4

Source: Minneapolis Area REALTORS® Local Market Update, Nicollet Island-East Bank, 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

Nicollet Island-East Bank by the numbers

US Census Bureau estimates for the 2 block groups mostly inside Nicollet Island-East Bank, compared with all of Minneapolis.

Nicollet Island-East BankMinneapolis
Residents2,500427,246
Households1,660192,734
Homes owned by the people living in them48%48%
Median value of owner-occupied homes$567,000$362,200
Median household income$114,000$80,846
Adults 25+ with a bachelor's degree or higher76%56%
Single-family detached homes2%44%
Workers who drive alone44%52%
Workers who take transit3%7%
Workers who work from home35%26%
Types of homes
  1. Single-family detached2%
  2. Townhome, duplex, 3-4 units10%
  3. Apartments, 5-49 units22%
  4. Large buildings, 50+ units65%
Ages
  1. Under 181%
  2. 18 to 3432%
  3. 35 to 6444%
  4. 65 and older23%
Getting to work
  1. Drive alone44%
  2. Work from home35%
  3. Walk12%
  4. Bike4%
  5. Transit3%

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

Nicollet Island-East Bank questions

What is the median home price in Nicollet Island-East Bank, Minneapolis?

$599,000 over the 12 months through September 2026 (up 53.6% from a year earlier), from the Minneapolis Area REALTORS® Local Market Update for Nicollet Island-East Bank (NorthstarMLS data).

How fast do homes sell in Nicollet Island-East Bank?

Homes that sold in the 12 months through September 2026 spent 106 days on market, and sellers received 94.6% of their original list price.

What kinds of homes are in Nicollet Island-East Bank?

By Census estimates, 2% of homes are single-family detached, 10% are townhomes, duplexes or small buildings of 3-4 units, and 87% are in apartment buildings of 5 or more units. 48% are owner-occupied.

How do people in Nicollet Island-East Bank get to work?

44% drive alone, 35% work from home, 3% take transit, 12% walk and 4% bike (Census estimates).

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