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Downtown East housing market, October 2025

Past report · Minneapolis Area REALTORS® Local Market Update · current as of November 7, 2025. See the newest report (September 2026)

  • Median sale price$1.02M+65.8% vs. October 2024
  • Homes sold6−25.0% vs. October 2024
  • Days on market88October 2025
  • Months of supply6end of October 2025

The short version

Downtown East in October 2025

In October 2025, 6 homes sold in Downtown East, against 8 in October 2024.

The median sale price was $1,017,500, up 65.8% from a year earlier, and homes spent 88 days on market, with sellers receiving 96.8% of their original list price.

The month ended with 39 homes for sale, 6 months of supply.

Over the 12 months through October 2025, the median was $722,713 (up 19.0%) across 80 sales.

Only 6 homes sold here in October 2025, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through October 2025, Downtown East
01000k2000kOct 2024Jan 2025Apr 2025Jul 2025Oct 2025$613,750Oct 2024$613,750Nov 2024$683,113Dec 2024$1,013,000Jan 2025$1,195,000Feb 2025$1,580,000Mar 2025$555,000Apr 2025$667,500May 2025$597,500Jun 2025$578,750Jul 2025$712,500Aug 2025$758,750Sep 2025$707,500$1,017,500Oct 2025$1,017,500

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$613,750
Nov 2024$683,113
Dec 2024$1,013,000
Jan 2025$1,195,000
Feb 2025$1,580,000
Mar 2025$555,000
Apr 2025$667,500
May 2025$597,500
Jun 2025$578,750
Jul 2025$712,500
Aug 2025$758,750
Sep 2025$707,500
Oct 2025$1,017,500

All the numbers

Downtown East, October 2025 vs. October 2024

October 202512 months through October 2025
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$613,750$1,017,500+65.8%$607,500$722,713+19.0%
Average sale price$698,644$1,063,333+52.2%$778,977$863,438+10.8%
Price per square foot$412$525+27.4%$444$467+5.1%
Closed sales86−25.0%8980−10.1%
New listings718+157.1%155140−9.7%
Days on market11688−24.1%103100−2.9%
% of original list price received93.3%96.8%+3.8%96.1%96.9%+0.8%
Homes for sale (end of month)3139+25.8%———
Months of supply4.16+46.3%———
Twin Cities region, median price$381,950$389,900+2.1%$376,000$390,000+3.7%

Source: Minneapolis Area REALTORS® Local Market Update, Downtown East, October 2025. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of November 7, 2025. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Downtown East in October 2025: questions

What was the median home price in Downtown East, Minneapolis in October 2025?

$1,017,500, from 6 sales (up 65.8% from October 2024), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). With so few sales, a single month can swing a lot; the 12-month median was $722,713.

How many homes sold in Downtown East, Minneapolis in October 2025?

6, against 8 in October 2024. 18 new listings came on the market that month.

Was Downtown East a buyer's or seller's market in October 2025?

Downtown East ended October 2025 with 6 months of supply (39 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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