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Prospect Park-East River Road 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$630K+43.5% vs. October 2024
  • Homes sold2+100.0% vs. October 2024
  • Days on market16October 2025
  • Months of supply3.8end of October 2025

The short version

Prospect Park-East River Road in October 2025

In October 2025, 2 homes sold in Prospect Park-East River Road, against 1 in October 2024.

The median sale price was $630,000, up 43.5% from a year earlier, and homes spent 16 days on market, with sellers receiving 95.8% of their original list price.

The month ended with 11 homes for sale, 3.8 months of supply (a seller’s market by the usual measure).

Over the 12 months through October 2025, the median was $408,750 (up 9.9%) across 32 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, Prospect Park-East River Road
0250k500k750k1000kOct 2024Dec 2024Mar 2025May 2025Jul 2025Sep 2025Oct 2025$439,000Oct 2024$439,000Nov 2024$455,700Dec 2024$379,750Jan 2025$292,000Mar 2025$330,000Apr 2025$270,000May 2025$440,000Jun 2025$415,000Jul 2025$398,500Aug 2025$470,000Sep 2025$430,500$630,000Oct 2025$630,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$439,000
Nov 2024$455,700
Dec 2024$379,750
Jan 2025$292,000
Mar 2025$330,000
Apr 2025$270,000
May 2025$440,000
Jun 2025$415,000
Jul 2025$398,500
Aug 2025$470,000
Sep 2025$430,500
Oct 2025$630,000

All the numbers

Prospect Park-East River Road, October 2025 vs. October 2024

October 202512 months through October 2025
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$439,000$630,000+43.5%$372,000$408,750+9.9%
Average sale price$439,000$630,000+43.5%$370,641$414,463+11.8%
Price per square foot$260$199−23.4%$249$229−7.9%
Closed sales12+100.0%2732+18.5%
New listings43−25.0%39390.0%
Days on market1416+14.3%5567+21.8%
% of original list price received95.5%95.8%+0.3%96.6%95.5%−1.1%
Homes for sale (end of month)1011+10.0%———
Months of supply4.23.8−9.5%———
Twin Cities region, median price$381,950$389,900+2.1%$376,000$390,000+3.7%

Source: Minneapolis Area REALTORS® Local Market Update, Prospect Park-East River Road, 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

Prospect Park-East River Road in October 2025: questions

What was the median home price in Prospect Park-East River Road, Minneapolis in October 2025?

$630,000, from 2 sales (up 43.5% 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 $408,750.

How many homes sold in Prospect Park-East River Road, Minneapolis in October 2025?

2, against 1 in October 2024. 3 new listings came on the market that month.

Was Prospect Park-East River Road a buyer's or seller's market in October 2025?

Prospect Park-East River Road ended October 2025 with 3.8 months of supply (11 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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