Compare neighborhoods · September 2026
Prospect Park-East River Road vs. University of Minnesota
Prospect Park-East River Road has more older homes: 17% were built before 1940, against 4%. The two are about a mile apart (center to center).
Housing market, 12 months through September 2026
| Measure | Prospect Park-East River Road | University of Minnesota |
|---|---|---|
| Median sale price | $477,500 | — |
| Change from a year earlier | +18.6% | — |
| Homes sold | 32 | 0 |
| Days on market | 53 | — |
| Share of original list price | 97.1% | — |
| Price per square foot | $248 | — |
| New listings | 60 | 0 |
| Homes for sale (September 2026) | 16 | 0 |
| Months of supply (September 2026) | 4.8 | 0.0 |
Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).
The homes
| Measure | Prospect Park-East River Road | University of Minnesota |
|---|---|---|
| Median home value (owner estimate) | $528,000 | — |
| Single-family houses | 17% | 5% |
| Townhomes and duplexes | 11% | 9% |
| Apartment buildings | 72% | 85% |
| Built before 1940 | 17% | 4% |
| Built 2000 or later | 54% | 77% |
| Owner-occupied homes | 20% | 0% |
| Population | 8,620 | 7,670 |
| Area | 815 acres | 420 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
Prospect Park-East River Road or University of Minnesota?
Should I buy in Prospect Park-East River Road or University of Minnesota?
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.
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Prospect Park-East River Road vs.
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Deciding between them?
See homes in Prospect Park-East River Road and University of Minnesota.
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.