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Nicollet Island-East Bank 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$668K+27.1% vs. October 2024
  • Homes sold2−71.4% vs. October 2024
  • Days on market89October 2025
  • Months of supply4.4end of October 2025

The short version

Nicollet Island-East Bank in October 2025

In October 2025, 2 homes sold in Nicollet Island-East Bank, against 7 in October 2024.

The median sale price was $667,500, up 27.1% from a year earlier, and homes spent 89 days on market, with sellers receiving 91% of their original list price.

The month ended with 15 homes for sale, 4.4 months of supply.

Over the 12 months through October 2025, the median was $345,005 (down 31.0%) across 46 sales.

Only 2 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, Nicollet Island-East Bank
0500k1000k1500kOct 2024Jan 2025Apr 2025Jul 2025Oct 2025$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$370,005$667,500Oct 2025$667,500

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

All the numbers

Nicollet Island-East Bank, October 2025 vs. October 2024

October 202512 months through October 2025
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$525,000$667,500+27.1%$500,000$345,005−31.0%
Average sale price$563,543$667,500+18.4%$542,051$478,552−11.7%
Price per square foot$344$421+22.5%$339$322−4.9%
Closed sales72−71.4%4946−6.1%
New listings23+50.0%8069−13.8%
Days on market6489+39.1%4960+22.4%
% of original list price received97.3%91%−6.5%98.2%95.8%−2.4%
Homes for sale (end of month)15150.0%———
Months of supply3.44.4+29.4%———
Twin Cities region, median price$381,950$389,900+2.1%$376,000$390,000+3.7%

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

Nicollet Island-East Bank in October 2025: questions

What was the median home price in Nicollet Island-East Bank, Minneapolis in October 2025?

$667,500, from 2 sales (up 27.1% 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 $345,005.

How many homes sold in Nicollet Island-East Bank, Minneapolis in October 2025?

2, against 7 in October 2024. 3 new listings came on the market that month.

Was Nicollet Island-East Bank a buyer's or seller's market in October 2025?

Nicollet Island-East Bank ended October 2025 with 4.4 months of supply (15 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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