Compare neighborhoods · September 2026
Ericsson vs. Northrop
Homes in Northrop sold for a median $415,000 over the 12 months through September 2026, 5% more than in Ericsson ($395,000). Homes sold faster in Northrop: 16 days on market on average, against 20 in Ericsson. Northrop has more older homes: 71% were built before 1940, against 57%. The two are about 1 miles apart (center to center).
Housing market, 12 months through September 2026
| Measure | Ericsson | Northrop |
|---|---|---|
| Median sale price | $395,000 | $415,000 |
| Change from a year earlier | +14.5% | +3.6% |
| Homes sold | 54 | 62 |
| Days on market | 20 | 16 |
| Share of original list price | 102.1% | 103.4% |
| Price per square foot | $283 | $288 |
| New listings | 55 | 68 |
| Homes for sale (September 2026) | 6 | 5 |
| Months of supply (September 2026) | 1.4 | 1.0 |
Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).
The homes
| Measure | Ericsson | Northrop |
|---|---|---|
| Median home value (owner estimate) | $392,000 | $393,000 |
| Single-family houses | 79% | 81% |
| Townhomes and duplexes | 9% | 17% |
| Apartment buildings | 13% | 2% |
| Built before 1940 | 57% | 71% |
| Built 2000 or later | 19% | 4% |
| Owner-occupied homes | 84% | 84% |
| Population | 3,410 | 4,700 |
| Area | 583 acres | 450 acres |
Source: US Census Bureau, American Community Survey 2020–2024 (block groups in the neighborhood).
How we compare places: by their homes, housing market and location only, from public sources, never by who lives there. Medians describe the middle home; both places have homes well above and below them.
Quick answers
Ericsson or Northrop?
Is Ericsson or Northrop more expensive?
Northrop. The median sale price was $415,000 there and $395,000 in Ericsson over the 12 months through September 2026, according to the Minneapolis Area REALTORS® Local Market Update. The median is the middle sale, so both have homes well above and below it.
Where do homes sell faster, Ericsson or Northrop?
Northrop: 16 days on market on average against 20, over the 12 months through September 2026.
Should I buy in Ericsson or Northrop?
It depends on your budget, the kind of home you want and where you need to get to each day. This page compares the homes, prices and locations; a Huerkamp Home Group agent can show you homes in both and walk you through what's selling now.
Deciding between them?
See homes in Ericsson and Northrop.
A Huerkamp Home Group agent can show you homes in both, tell you what's selling and for how much right now, and help you decide. There's no cost to buyers.