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Nicollet Island-East Bank housing market, July 2026

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

  • Median sale price$745K+49.5% vs. July 2025
  • Homes sold3+50.0% vs. July 2025
  • Days on market28July 2026
  • Months of supply2.9end of July 2026

The short version

Nicollet Island-East Bank in July 2026

In July 2026, 3 homes sold in Nicollet Island-East Bank, against 2 in July 2025.

The median sale price was $745,000, up 49.5% from a year earlier, and homes spent 28 days on market, with sellers receiving 96.6% of their original list price.

The month ended with 12 homes for sale, 2.9 months of supply (a seller’s market by the usual measure).

Over the 12 months through July 2026, the median was $542,500 (up 17.6%) across 46 sales.

Only 3 homes sold here in July 2026, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through July 2026, Nicollet Island-East Bank
0500k1000k1500kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jul 2026$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$370,005Oct 2025$667,500Nov 2025$779,000Dec 2025$815,000Jan 2026$432,000Feb 2026$420,500Mar 2026$525,000Apr 2026$251,500May 2026$247,500Jun 2026$560,000$745,000Jul 2026$745,000

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
Nov 2025$779,000
Dec 2025$815,000
Jan 2026$432,000
Feb 2026$420,500
Mar 2026$525,000
Apr 2026$251,500
May 2026$247,500
Jun 2026$560,000
Jul 2026$745,000

All the numbers

Nicollet Island-East Bank, July 2026 vs. July 2025

July 202612 months through July 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$498,250$745,000+49.5%$461,250$542,500+17.6%
Average sale price$498,250$779,667+56.5%$496,794$551,229+11.0%
Price per square foot$313$369+17.7%$324$338+4.4%
Closed sales23+50.0%5246−11.5%
New listings86−25.0%6474+15.6%
Days on market10228−72.5%5696+71.4%
% of original list price received92.9%96.6%+4.0%96.4%94.4%−2.1%
Homes for sale (end of month)1512−20.0%———
Months of supply3.82.9−23.7%———
Twin Cities region, median price$395,000$408,000+3.3%$386,500$394,000+1.9%

Source: Minneapolis Area REALTORS® Local Market Update, Nicollet Island-East Bank, July 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of August 7, 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 July 2026: questions

What was the median home price in Nicollet Island-East Bank, Minneapolis in July 2026?

$745,000, from 3 sales (up 49.5% from July 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 $542,500.

How many homes sold in Nicollet Island-East Bank, Minneapolis in July 2026?

3, against 2 in July 2025. 6 new listings came on the market that month.

Was Nicollet Island-East Bank a buyer's or seller's market in July 2026?

Nicollet Island-East Bank ended July 2026 with 2.9 months of supply (12 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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