Nicollet Island-East Bank housing market, February 2026
Past report · Minneapolis Area REALTORS® Local Market Update · current as of March 6, 2026. See the newest report (September 2026)
- Median sale price$421K−55.7% vs. February 2025
- Homes sold20.0% vs. February 2025
- Days on market57February 2026
- Months of supply2.3end of February 2026
The short version
Nicollet Island-East Bank in February 2026
In February 2026, 2 homes sold in Nicollet Island-East Bank, against 2 in February 2025.
The median sale price was $420,500, down 55.7% from a year earlier, and homes spent 57 days on market, with sellers receiving 96.5% of their original list price.
The month ended with 8 homes for sale, 2.3 months of supply (a seller’s market by the usual measure).
Over the 12 months through February 2026, the median was $585,000 (up 23.2%) across 41 sales.
Only 2 homes sold here in February 2026, so this month's numbers can swing a lot. The 12-month figures are steadier.
Single months can swing when few homes sell.
Show as a table
| Year | Median 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 |
| Nov 2025 | $779,000 |
| Dec 2025 | $815,000 |
| Jan 2026 | $432,000 |
| Feb 2026 | $420,500 |
All the numbers
Nicollet Island-East Bank, February 2026 vs. February 2025
| February 2026 | 12 months through February 2026 | |||||
|---|---|---|---|---|---|---|
| Measure | Year before | This year | Change | Year before | This year | Change |
| Median sale price | $950,000 | $420,500 | −55.7% | $475,000 | $585,000 | +23.2% |
| Average sale price | $950,000 | $420,500 | −55.7% | $523,956 | $525,693 | +0.3% |
| Price per square foot | $423 | $304 | −28.0% | $333 | $335 | +0.7% |
| Closed sales | 2 | 2 | 0.0% | 57 | 41 | −28.1% |
| New listings | 7 | 5 | −28.6% | 83 | 69 | −16.9% |
| Days on market | 62 | 57 | −8.1% | 59 | 51 | −13.6% |
| % of original list price received | 100% | 96.5% | −3.5% | 97.8% | 96% | −1.8% |
| Homes for sale (end of month) | 13 | 8 | −38.5% | — | — | — |
| Months of supply | 2.7 | 2.3 | −14.8% | — | — | — |
| Twin Cities region, median price | $380,000 | $380,000 | 0.0% | $380,000 | $390,000 | +2.6% |
Source: Minneapolis Area REALTORS® Local Market Update, Nicollet Island-East Bank, February 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of March 6, 2026. 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 February 2026: questions
What was the median home price in Nicollet Island-East Bank, Minneapolis in February 2026?
$420,500, from 2 sales (down 55.7% from February 2025), 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 $585,000.
How many homes sold in Nicollet Island-East Bank, Minneapolis in February 2026?
2, against 2 in February 2025. 5 new listings came on the market that month.
Was Nicollet Island-East Bank a buyer's or seller's market in February 2026?
Nicollet Island-East Bank ended February 2026 with 2.3 months of supply (8 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.
Every month
Nicollet Island-East Bank market reports by month
- September 2026 (newest)
- August 2026
- July 2026
- June 2026
- May 2026
- April 2026
- March 2026
- January 2026
- December 2025
- November 2025
- October 2025
Nicollet Island-East Bank neighborhood guideEvery city in February 2026