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Compare neighborhoods · September 2026

Greater East Side vs. Payne-Phalen

Homes in Greater East Side sold for a median $269,990 over the 12 months through September 2026, 10% more than in Payne-Phalen ($244,998). Homes sold faster in Payne-Phalen: 41 days on market on average, against 42 in Greater East Side. Payne-Phalen has more older homes: 41% were built before 1940, against 22%. The two are about 2 miles apart (center to center).

Housing market, 12 months through September 2026

MeasureGreater East SidePayne-Phalen
Median sale price$269,990$244,998
Change from a year earlier+1.9%−5.8%
Homes sold295254
Days on market4241
Share of original list price98.7%98.1%
Price per square foot$188$173
New listings411400
Homes for sale (September 2026)5464
Months of supply (September 2026)2.23.0

Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

The homes

MeasureGreater East SidePayne-Phalen
Median home value (owner estimate)$239,000$238,000
Single-family houses64%60%
Townhomes and duplexes13%18%
Apartment buildings22%21%
Built before 194022%41%
Built 2000 or later9%6%
Owner-occupied homes63%59%
Population30,88030,850
Area2,505 acres2,724 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

Greater East Side or Payne-Phalen?

Is Greater East Side or Payne-Phalen more expensive?

Greater East Side. The median sale price was $269,990 there and $244,998 in Payne-Phalen 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, Greater East Side or Payne-Phalen?

Payne-Phalen: 41 days on market on average against 42, over the 12 months through September 2026.

Should I buy in Greater East Side or Payne-Phalen?

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.

Keep comparing

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Deciding between them?

See homes in Greater East Side and Payne-Phalen.

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.

(612) 843-9620

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