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Northeast Park housing market, May 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of June 5, 2026. See the newest report (September 2026)

  • Median sale price$450K— vs. May 2025
  • Homes sold1— vs. May 2025
  • Days on market2May 2026
  • Months of supply1end of May 2026

The short version

Northeast Park in May 2026

In May 2026, 1 home sold in Northeast Park, against 0 in May 2025.

The median sale price was $450,000, and homes spent 2 days on market, with sellers receiving 103.4% of their original list price.

The month ended with 1 homes for sale, 1 months of supply (a seller’s market by the usual measure).

Over the 12 months through May 2026, the median was $355,000 (up 6.0%) across 5 sales.

Only 1 home sold here in May 2026, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through May 2026, Northeast Park
0200k400k600kOct 2024Mar 2025Jun 2025Sep 2025May 2026$302,500Oct 2024$302,500Dec 2024$199,300Mar 2025$260,000Apr 2025$420,000Jun 2025$376,500Jul 2025$355,000Sep 2025$297,000$450,000May 2026$450,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$302,500
Dec 2024$199,300
Mar 2025$260,000
Apr 2025$420,000
Jun 2025$376,500
Jul 2025$355,000
Sep 2025$297,000
May 2026$450,000

All the numbers

Northeast Park, May 2026 vs. May 2025

May 202612 months through May 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price—$450,000—$335,000$355,000+6.0%
Average sale price—$450,000—$309,356$371,000+19.9%
Price per square foot—$218—$229$256+12.0%
Closed sales01—95−44.4%
New listings31−66.7%126−50.0%
Days on market—2—1514−6.7%
% of original list price received—103.4%—98.9%103.8%+5.0%
Homes for sale (end of month)110.0%———
Months of supply0.71+42.9%———
Twin Cities region, median price$395,000$399,000+1.0%$385,000$390,000+1.3%

Source: Minneapolis Area REALTORS® Local Market Update, Northeast Park, May 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of June 5, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Northeast Park in May 2026: questions

What was the median home price in Northeast Park, Minneapolis in May 2026?

$450,000, from 1 sales, 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 $355,000.

How many homes sold in Northeast Park, Minneapolis in May 2026?

1, against 0 in May 2025. 1 new listings came on the market that month.

Was Northeast Park a buyer's or seller's market in May 2026?

Northeast Park ended May 2026 with 1 months of supply (1 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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